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Paying A Single Consignor
Paying A Single Consignor

How to run a payout for just one consignor or vendor at a time.

Britton Hennessy avatar
Written by Britton Hennessy
Updated over a week ago

Within Ricochet are two ways to conduct payouts to your consignors:

  1. Individual/Manual Payouts

Individual payouts can be ran whenever you want, for as many or few consignors as you need.

Example of when to run an Individual Payout: If you have a prominent consignor that is going out of town and would like to request getting paid out ahead of the normal schedule.

When posting an individual payout, it will remove any funds due from their consignor account and therefore remove them from the next Bulk Payout you conduct. That way you don't have to remember that you paid that individual separately and account for that in your normal routine.

To conduct a manual payout:

In Ricochet,

  1. Click Accounts

  2. Click Consignors

  3. Search for and find the consignor you would like to pay

  4. Click the Edit Pencil to the far right of their name

  5. Click tab titled Payout

  6. Check the boxes of items intended for payout

  7. Click the Run Payout drop down in the upper right

  8. Click Print Check, Print List or Store Credit

    1. Complete the payout process by printing checks, running through Quickbooks Online, cash, Venmo, etc...

  9. You will then see a prompt to Post the payout.

    1. Yes will post the payments and mark all items listed as Paid.

    2. No will not post the payments and will return you to the edit page.

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