Using disbursements for the first time

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Guesty's new disbursements flow allows you to record payouts to owners, PMCs, and vendors from the trust account and keeps your accounting reports organized and up-to-date. Recording payouts made to owners, PMCs and vendors has now moved from Owner Statements to Balances in the Financials section of the Guesty dashboard.

When using this new feature for the first time, it is important to make sure the amounts in your balances report under "Outstanding Balance" are marked as paid for the previous month.

For example, let's say you want to start using the new disbursements flow starting in the month of July. Select the balance date as the last day of June and create dummy payouts for all transactions owed so the starting balance for July is zero.

To see your outstanding balances and settle them by creating payouts, refer to the steps in the following articles:

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