Post a Settlement Payment

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.