What is a remittance date?
This is an additional date on top of the statement date, which is used to specify when the monies were banked.
Remittance dates are usually used for an office that works with specific dates that don't fall into a calender month.
In this example we can see the statement (or banked) date of these product providers as well as a remittance date per statement:
This indicates that all of these statements will be paid out to the advisers/brokers on the 25th of November 2024.
How do I set the remittance dates?
Individually
The remittance date can be set per statement upon import:
Bulk
When you've selected the commission statements that are relevant to your remittance period (usually your payment month, such as the 26th to the 25th), you can set the remittance date once for all of these statements.
Step 1: drop down your More Actions, below your Filters, and click on Remittance Date:
Step 2: Selyour desired remittance date and click on "set":
There you go! You've now set your remittance dates, and it should look like this:
