| Contractor Settlements |
|
Settlements to drivers, contractors, carriers, salespeople, and brokers can be generated as required. The payables created by the trip pay and freight revenue sharing are managed as open payables, along with advances, deductions, reimbursements, and miscellaneous payments. These can be settled based on an "accrual basis" using due dates or on a "cash basis" after the cash is received. Deductions may be automatically calculated as part of the settlement. A Settlement Statement giving all relevant details is printed, along with checks for contractors. For employees, the settlement information may be transferred to the Payroll. |
