Overview
An agent ledger is a sub-ledger of a general ledger that contains each agent’s balance and activity (a list of G/L transactions, like journal entries, invoices or payments, relating to the selected agent). Admins can access agent billing from agent ledgers.
Who needs agent ledgers?
The agent ledger is a part of the BoldTrail BackOffice Accounting module that allows real estate brokerages and teams to view agent balances, invoice agents, track payments, and charge their agents in a simple manner. This includes the ability to create and send invoices, as well as to systematically manage payments to ensure accurate financial records are maintained.
What can I do on the agent ledger page?
You can view an agent's balance, invoice an agent, record a payment from an agent, apply payments to invoices, add a bill, record a payment made to an agent, and charge an agent's payment method on file from their agent ledger page. To learn how to do all of the above, click here.
Additionally, you can create detailed invoices, manage these invoices, and directly apply payments all within the Agent Ledger. The streamlined interface ensures that agent-related financial tasks are performed accurately and efficiently.
If the Accounting section is not visible in your interface, it may indicate the need for an account upgrade. Please refer to this support link for guidance on enabling these features.
For further assistance with using the Agent Ledger or processing invoices, consult the BoldTrail BackOffice Help Center. This resource provides detailed guides and troubleshooting help for billing-related features.
Where can I see an agent’s balance?
You can see an agent’s balance via:
Accounting > Agent ledgers > specific user's page
Users > User's profile > Billing section
How is an agent’s balance calculated?
The balance is calculated by adding together all transaction totals in the ledger.