Settle member balances

Suggested settlements simplify net balances; they do not verify that money moved.

1. 1

   Review the open ledger

   Confirm expenses, payers, participants, shares, voids, and prior settlements.

2. 2

   Read the suggestions

   AirplaneHQ nets member balances into a smaller set of proposed payments. Verify the direction and amount with the partnership.

3. 3

   Pay outside AirplaneHQ

   Use the partnership’s approved payment method and retain confirmation where required.

4. 4

   Record the actual settlement

   Enter payer, recipient, amount, date, and note only after the payment occurs or according to the partnership’s accounting policy.

5. 5

   Confirm balances

   Recalculate and resolve unexpected residual amounts before closing the period.