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Monthly Payment Overview

What is the month-end close?

M
Written by Matt Lawless
Updated over 2 years ago

The month-end close is the collection of financial accounting information, review, and reconciliation of records each month. This is a reporting requirement for some companies, and helps businesses keep accurate records throughout the year.

You may do the following in the monthly payments section,

  • Run and review payment calculations to determine user payments

  • Export reports with user payment details

  • Record payment adjustments

  • Record comments on monthly payment items.

  • Mark payments as either "Paid" or "Rolled Over"

  • View historical months payments

  • View any Referral Costs for a User

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