NEW darwin.Cloud feature: automatically pay off agents bills when closing

This new feature in darwin.Cloud lets you automatically pay off agents bills when you close a transaction. 

When an agent has unpaid bills due to the office, you can take what they owe out of their commission check. This automatically puts a credit on their account and adjusts their balance due.

darwin.Cloud, like all accounting systems, lets users use Accounts Receivable credits to clear unpaid invoices.  In accounting terms, it’s called “applying” a credit to an invoice.  When a credit is applied to an invoice, both the invoice and the credit are cleared from the receivables ledger.

Let’s be clear, when you apply a credit, it doesn’t change an agent’s balance due.  The agent balance due is already correct.  Rather, applying credits just cleans up the A/R aging.  It makes reports and the payments screen easier to use by clearing out items that are already paid.

Watch this short video to learn more.