Vendor Payout vs Company Payout

Management Fees are defined on the Project Overview tab. You can set a "Per Project" fee or a "Per Event Fee" and then click the dollar ($) to switch it to a percentage.
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Any Budget line items that have the "Fee" column checked will get the Management Fee applied automatically.
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Management Fees are automatically summed and added to the Company Payout.
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Anything in the Budget where you check the "Company Expense" column, like for reimbursements, will also automatically go to the Company Payout.
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Company Payouts shows the total of Management Fees and Company Expenses at the bottom, and you click "Add line item" to start scheduling payment installments to your Company
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The "Estimate" is just a reference that automatically splits the total due into even installments based on the number of installments you add.
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Anything in the Budgets that does not have the "Company Expense" column checked is paid from the Client to the Vendors
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"Payment Groups" are what connect the Budget line items into the Vendor Payouts. They can be considered Invoices.
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To create a Payment Group, you click on the dash (-) in the Payment Group column in a Budget, type in any name you wish, and click "Create payment group". For example, you can name your Payment Groups as the physical invoice numbers or you can name them after the line items they are made of.
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You can link multiple items to the same Payment Group as long as they have the same Vendor. We usually build payment groups based on the Vendor invoices we receive. Line items that have the same payment installment schedule should be linked to the same Payment Group for example.
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When you navigate to the Vendor Payout, you will first see all Vendors that have Budget line items, and if you expand each Vendor, you will see the Payment Groups that you assigned to the Budget line items.
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In the Vendor Payout, once you have expanded a Vendor, you can click a Payment Group name to open it.
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Inside of each Payment Group, you will see the total of Budget line items assigned, and you can click "Add line item" to start scheduling payment installments, just like you did in the Company Payouts.
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Go back to the Vendor Payout summary by Vendor, use the Filters, and create branded exports of your Payment schedules to share with your client or vendors, or to compare to actual invoices.