Accounting Overview

00:03: Hello and welcome to your daily list accounting. Tab overview video.

00:06: If you are either an office admin or managing broker, then this video is

00:10: for you. The daily use the accounting tab comes to life when a deal is fully

00:14: executed and closed although there's access to access

00:19: invoices prior to closing a deal.

00:21: Once the deal is fully closed and approved.

00:23: All invoices payables and receivables, get generated.

00:27: There are three primary steps that you'll take in accounting, first of which you'll send

00:31: your invoice out. You can do that by downloading an invoice or emailing

00:35: it directly from delius. From here you'll

00:40: go in and receive a payment when it's time to receive a payment, you can simply click this

00:44: icon to go in and specify the full amount that you're receiving.

00:47: May be a partial amount. As long as you're feeling in the required information

00:51: or even writing off that balance, you can simply click save to

00:55: go back to receivables or save and pay to proceed and pay your agents.

01:01: Your third and final step is to click payables and to go in and pay any agents

01:06: that you have tied to those deals where the money's been received.

01:10: Anytime you look at pending payables or expenses, you'll see that any highlighted in

01:14: green specify that you've collected the full amount tied to that transaction and

01:19: it's ready to be paid. If you find any of them that

01:23: do not have the green, it specifying that they're an open payment that's going to be due

01:27: in the future or do when we collect the money.

01:30: But it's not ready at this time. To make a payment to an

01:34: agent or to all of the agents on a deal.

01:36: Simply click the little pen and paper to make payment.

01:39: From here, you can go in and you can quickly view all of the information you'll

01:44: see in this case, because I haven't already received money, it's telling me, I need to apply a

01:48: receipt, and it gives me a shortcut here to go back and do so.

01:52: It's not going to give me the opportunity to pay these agents until I've collected the money.

01:59: Outside of just having the opportunity to send, collect and pay your agents.

02:03: You'll have the summary table that tells you what's going on with any transaction that's closed.

02:07: Is there an open balance TV collected or paid to our Brokers? Or is it a

02:11: fully reconciled and closed account? If you have any questions

02:15: about the daily as support accounting tab, please contact your support

02:19: team. Thank you. And have a great day.