Understanding the Rent and Settlement Running Balance System

Syncrostore uses a Running Balance system that combines rent charges and sales settlements into a single balance per vendor — similar to a bank account.

How It Works:

• Selling Items adds money (credit) to a vendor's balance.
• Rent Charges subtract money (debit) from a vendor's balance.
• Settlements pay out positive balances to vendors and reset them.
• Rent Payments (made by vendors directly) add money to cover negative balances.

Example:

Note: Store commission on sales is factored into the balance calculation.