Other Payments are used for a variety of purposes including rent, utilities, office expenses, advisor reimbursements (including payments made directly to advisors) and other agency reimbursements outside of client and supplier payments. Other Payments affect bank account(s) and update the General Ledger.
1. Click on Payments | Add Payment | Select Other.
2. Paid By: Agency.
3. Paid to: Other.
4. Select Other profile (Enter the name of Payee). Learn move about Other profiles.
5.. Payment Date: Change the payment date (if it is not the current date) by typing in the proper date.
6. Amount: Enter the amount Paid.
7. Method: Select: Check/ EFT / Agency Credit Card.
8. Check Number / EFT Number: Enter check or EFT Number. Do not assign a check number if you plan to print checks from Tres and will assign a check number at the time of printing.
9. Bank Account: Select the appropriate bank account.
10. Date Cleared: this will be populated when the bank reconciliation is completed.
11. Tags: Add/Select any applicable tags. Learn more about Tags.
12. In the Remark field, type in a description of the payment. (Rent, Utilities, etc.).
13. Attachments/Links: Click here to add any attachments you may want to reference for the payment (Invoice, Bill, etc.) The file size limit is 2MB.
14 Click Save & Next.
15. Tres automatically displays a credit to the Cash in Bank account. Click Add New Row and choose the appropriate expense account as the offsetting account(s) and click Add.
16. Click Save.