If you want to pay an owner by ACH, contact Property Matrix support first to confirm that your bank account is configured for Forte disbursements and that the correct system settings are enabled.
Set An Owner Draw Payment Method
Go to Companies from the sidebar.
Select the company you want to update.
Open the Company tab.
Click the owner’s name to expand their details.
Hover over the owner information section and click the pencil icon to edit the owner.
In the Edit Company Owner window, find the Draw Payment Method field.
Select the draw payment method from the dropdown.
Click Save to apply the change.
Add A New Draw Payment Method
In the Draw Payment Method dropdown, select Manage.
In the Draw Payment Methods window, click New Draw Payment.
Enter the bank account details:
Account name
Bank account number
Routing number
Account type, such as checking or savings
The individual identification number is optional and is not required.
Click Submit.
Click Close to return to the owner edit window.
Select the newly created payment method from the dropdown.
Click Save.
Manage Existing Payment Methods
From the Draw Payment Methods window, you can edit or delete existing accounts using the menu next to each payment method.
Make sure you click Save in the owner edit window after choosing the payment method. This sets the selected bank account as the default draw payment method for that owner.
For further instructions on sending funds to property owners, refer to the support article Creating an Owner Draw (Sending Owners Money).