How to Set a Settlement Cutoff Date and Add Settlement Notes

Before generating settlements, you must configure the settlement parameters.

Setting the Cutoff Date: The cutoff date defines the end of the settlement period. All vendor sales and rent charges through this date will be included in the calculations.

Enter the cutoff date in the designated field on the Settlements page.

Adding Settlement Notes: Optionally, type any notes you want attached to this settlement batch in the Settlement Notes field. These notes will be associated with the settlement record for future reference.

Once both are configured, click "Generate Settlements" to process the payouts.