Owner disbursements

Pay owners what their statements show is due, with the right account, reference and audit trail.

Owners → Disbursements → /owner-disbursements Beta

A disbursement is money leaving your account for an owner. It settles the net payable their statement shows.

The disbursement record

FieldMeaning
OwnerWho is being paid.
AmountThe payout value.
MethodHow it is paid — bank transfer, mobile money.
AccountThe owner's payout account. Defaults to their default account.
ReferenceThe outbound transaction reference, for reconciliation.
Paid atWhen the money actually left.
StatusWhere the payout is in its lifecycle.
NotesAnything the next person needs to know.
Linked statementThe statement this settles.
TimelineThe audit trail of the payout.

Running a payout

  1. Generate and review statements first

    A disbursement without a reviewed statement behind it is a payment nobody can explain. See Owner statements.

  2. Check the owner overview

    /owner-overview shows who is due what across the portfolio, before you start.

  3. Check the thresholds

    Amounts below the contract's minimum disbursement carry forward rather than being paid. Negative balances follow the contract's negative-balance handling.

  4. Confirm the payout account

    The owner's default account, unless there is a documented reason to override it.

  5. Create the disbursement

    Amount, method, account, reference and date.

  6. Pay, then record the reference

    The bank or mobile-money reference is what makes the payout reconcilable. A disbursement without one is very hard to match later.

Settlement lag

The contract's settlement lag exists so that receipts have cleared before you pay them out. Paying ahead of the lag means paying out money you have recorded but not yet actually received — particularly risky where a large receipt later bounces or is reversed.

Reconciling

  1. Filter disbursements by date and account

    One bank account, one statement period.

  2. Match on reference

    Every disbursement should have a corresponding bank debit.

  3. Investigate both directions

    A disbursement with no bank debit was never paid. A bank debit with no disbursement is an unrecorded payout — the more serious of the two.

  4. Confirm the owner ledger

    After reconciliation, the owner's ledger balance should equal what their latest statement carried forward, less anything paid since.

Common problems

SymptomCause and fix
Disbursement cannot be createdNo default payout account on the owner.
Amount differs from the statement's net payableCarried-forward balance, a threshold, or a partial payout. Check the linked statement.
Owner says they were not paidCheck the reference against the bank; then check whether the recorded payout was ever executed.
Duplicate payoutRecorded twice, or recorded and also paid manually outside the system. Reconcile before creating anything new.

Next steps