Creating a Payable Batch for Percentage Payments

Use Pay Percent to enter invoices for a payee based on a percentage of a G/L account. You can use Pay Percent to rebate funds to tenants or to calculate sales taxes. You can also use Pay Percent as an alternate method of paying commissions or owners.

To pay percent

1	From the side menu, select Payables > Pay Percent. The Pay Percent filter appears.

2	Complete the filter:

Property Type or select a property code.

Payee Type or select the payee (owner, resident, or vendor) code.

Account Type or select the G/L expense account.

Percent Type the percentage as a whole or decimal number.

Type Select the basis for the percentage calculation.

Base Account Type or select the number of the G/L account for calculating the payment. Voyager uses the balance in this account to calculate the percentage.

Base Month Type the month for the base account balance (mm/yy). If you selected % of Year to Date as the Type, Voyager uses the fiscal year-to-date balance through this month.

Invoice Date Type or select the date you want to record the invoices.

Post Month Type the month you want the invoices to affect the G/L (mmyy).

Payable Notes Type text to appear in the Notes field of the commission invoice.

3	Click Submit. Voyager posts the invoices in a payable batch.

The payable batch number appears as a link. You can click the link to review the payable batch. You must post the batch to complete the process. See “Posting Payable Batches”.