Now that you've allocated money on the Allocate Funds page, you are ready for the Payments to Make stage. This is where you process and send money to owners, contractors, tenants, and others after funds have been allocated on the ledger. It's the final step in the client accounting payment cycle, following on from the Allocate Funds process.

To get started, head to the Accounting tab on the left and click on the Payments to Make tab. The page is split into several different tabs.

You will see separate tabs for owners, contractors, agency, tenancy and deposits which will show the list of payments to make, highlighting key details including the owner, date, related property, payment reference and amount. The process here is to work through each tab and process the relevant payments you wish to make.

On each tab, you can click to choose which payments will be included in this payment run by ticking the tick box on the left of the payment.

An extremely important step is to ensure you select the correct bank account to make payment from at the bottom left of the page, as this will impact your Street balance on the Bank Accounts page and should match the bank you plan to pay these funds from.

For owners, you will see the Payment Day column. If you have set a preferred payment date on an owner's record, their preferred payment date will show. This is a visual prompt only - you can still proceed with payment at any time, but it helps you prioritise which owners are due to be paid.

For owners and contractors, clicking pay will send the payment advice generated during the Allocate Funds stage will automatically be emailed to the recipient and can be found on the relevant ledger (Owner Ledger or Contractor Ledger).

Portfolio landlords are identified by the portfolio icon shown next to their name in the Owner column.

Where grouped payments are enabled on a portfolio, selecting multiple payments for the same landlord will result in one combined payment and a single payment advice being sent, rather than separate payments for each property.

The tenants tab is used for any refunds that have been issued on a lettings application or tenancy ledger.

The deposits tab is used for processing payment to the deposit scheme using the bank details configured in your Accounting Settings

When ready, click the Pay button at the bottom right which will show a confirmation page and when you proceed it will create a payment file for all payments selected. Confirming these payments will deduct the monies from the relevant ledgers and the overall balance.

If any of the selected payments are missing bank details, Street will flag this in the confirmation window so you can review before proceeding.

Now that you have processed the payment in Street, you need to physically make payment from your bank. Head to the Payment Files tab within payments to make and you will see a list of payment files that you've created from the previous tabs.

By default, the list will only show payment files that have not yet been exported however you can view the exported files by toggling the 'Show Exported' checkbox at the top left to show these.

Clicking the Show Details button will display a full breakdown of every payee including account numbers, sort codes, references and individual amounts. You can also hover over the document icon to see if that payment file has been exported or not (the file in green means it's been exported, grey means it's not been exported).

When ready, click the Export button to export each payment file. You will have the option of downloading the payment file as a CSV or, if your bank account supports it, you can export it as a Bank Export (SIF/Pegasus Opera file format).

Either method will download a file to your computer which can then be uploaded to your bank account, instructing them to make the payments listed.

You've now completed the full accounting workflow in Street!