In the client profile's Settlement/Payment section, the preferences for settling payments are established.
ACE offers a functionality to directly post the settlement amount or percentage, resulting in the system adjusting the account for any difference and settling it entirely.
To post a settlement payment, locate an account.
Click Post Transaction.
Notice the account total balance is $5,889.95 in this example.
Locate the Settlement Information section.
There are two fields in the Settlement Information Section.
- Enter a specific amount
- Enter Percent
Do not enter both fields, each field will automatically calculate based on the other one.
Verify the transaction spread, click apply.
