If you pay contractors from the Trust Account, add their business and bank details to BookingTrust. When you add and confirm an invoice, the service amount is added to the owner’s statement and the disbursement record for that property.
Add a company contact
- Go to Contacts > Add Contact.
- Select Trade/Service as the Account Type and add an email address. Tick Send Invite Later.
- Under User Detail, select Company, complete the details and click Save.
- After saving, open the Company record using View Profile.
Add bank details
On the Company profile, click Bank, then Add Bank Account.
To add bank details to an existing Company record, go to Contacts > Companies or Services, find the service provider and click Bank Acc. The provider needs bank details to be selectable as the payee when adding an invoice.
Click Add Bank Details and complete the form. By default, these details are added to the ABA file. If you prefer to pay the contractor separately, tick No EFT Transfer; that payment will not be added to the ABA file.
You can now create an invoice using the contractor’s details.