The Owner Payment Method is used to send funds from an account you manage directly to property owners.
If you'd like to pay an owner via ACH, first reach out to Property Matrix support to ensure your bank account is configured correctly for Forte disbursements and that your system settings are properly enabled.
To set this up:
Navigate to Accounting > Companies and select the desired company from the list on the left side.
Click on the Company tab.
Find the owner's name, click the three-dot menu (•••) located on the right side, and select Edit.
Scroll down to the Draw Payment Method section.
From the dropdown menu, choose Manage to add or manage bank accounts for ACH payments.
A Draw Payment Methods window will appear, displaying any existing bank accounts for this owner. To add a new account:
Click New Draw Payment.
Enter the bank account details, including:
Account Name (a descriptive title, such as the bank name and the last four digits of the account number)
Bank Account Number
Routing Number
Account Type (Checking or Savings)
Note: The Individual Identification Number is optional and not required.
After entering the details, click Submit. You’ll return to the Draw Payment Methods list, where you can edit or delete accounts by clicking the three-dot menu (•••) next to each account. Click Close once you've finished managing bank accounts.
Finally, ensure you click Save on the Edit Owner window to set the selected bank account as the default draw payment method.
For further instructions on sending funds to property owners, refer to the support article Creating an Owner Draw (Sending Owners Money).