How to process the payout – AdviserLogic

Step 1: Uploading Bank Statement

a. Download the bank statement & convert it in the attached standard format

b. Login to PayLogic

c. Click on Bank reconciliations under Data management section as per the below screenshot :

d. Upload the bank statement on below screen :

e. Transactions will reflect under Uploaded File Data

Step 2 : Uploading Commission Statements

Click on the below link to know how to subscribe, unsubscribe and update the product provider :

a. Click on ‘Upload Data File’ under ‘Data Management’ on Dashboard screen.

b. Search for Product Provider in ‘Select Product Provider’ box.

c . Click on the month for which file should be uploaded

d. Click on the date for which file should be uploaded

e. A box opens showing “Select File to Upload”. User can either “Drag & Drop a File” or “BROWSE”

the file from the saved location on the computer and press “Upload”.

f . The file now has been successfully uploaded. The screen displays all the details of the entire fee charged and Total amount.

f. Click on the below link to know how to delete an uploaded file, glossary and check the status of

the uploaded file

https://adviserlogic.zendesk.com/hc/en-us/articles/360000663995-How-to-delete-an-uploaded-file

Step 3: Mapping

a. Click on below to see any unmapped accounts :

b. Refer to the below link to know how to do the mapping :

Step 4: Bank Reconciliation

a. Open Bank Reconciliations under the Data Management section in a new tab.

b. Search for the entry by the amount or bank description you want to reconcile

c. Select product provider and statement id (name of the commission statement file) from dropdown

d. In another tab go to

f. If details match, click on reconcile from “Type” drop-down