Counterparties

Manage your customers and vendors across entities in a consolidated view.

Counterparties are a consolidated list of your client's vendors and customers. Each counterparty can act as a vendor, a customer, or both.

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The Counterparties tab

Go to Accounting → Counterparties to see a grouped directory of vendors and customers. The table shows:

• Name — Counterparty name, with per-account child rows underneath
• Accounts — GL accounts used by that counterparty
• Created by — Where the counterparty came from (manual entry, integration, and so on)
• Journal entries — Count of journal entry lines
• Debit and Credit — Totals for the selected period
• 1099 eligible — Whether the counterparty is flagged for 1099 reporting

A No counterparty row captures activity without an assigned counterparty. Click any counterparty row to open a details panel on the right.

Set a date range and use the entity selector at the top to scope the view. Click Filter to narrow by Account, General ledger, Amount, 1099 (Eligible or Not eligible), Entry source, Ledger type, or Created by.

Built-in views include 1099 review lists for the current and prior tax years. Selecting one scopes the page to a single entity and replaces the date range with a year selector.

The row ⋯ menu offers Edit, View transactions, View GL, Merge, and Delete. Download the list as CSV from the download button in the header.

Counterparties are not entity-specific. A counterparty created in one entity is available across all entities.

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How counterparties are created

Kick automatically generates and assigns counterparties when transactions sync from connected integrations or are imported. Kick also syncs counterparties directly from certain integrations:

• Ramp — vendors created in Ramp are synced if you're using their bill pay product
• BILL — vendors and customers created in BILL are synced
• Stripe and PayPal — customers are synced if you're using either platform to collect payments

You can also create counterparties manually. Click Add new in the top right corner of the Counterparties tab. The only required field is the name. You can also add an email address, phone number, website, and address.

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Updating counterparties

To change the counterparty on a transaction, go to Transactions and use the dropdown in the Counterparty column.

To assign a counterparty in bulk, select multiple transactions (shift + click), click Actions (⌘K), and choose Set counterparty.

Select counterparties in the directory to bulk Mark 1099 eligible or Unmark 1099 eligible from the Actions menu.

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Automating counterparty assignment

You can create Rules to automate counterparty assignment based on any combination of: entity, category, amount, bank description, account, date, or class.

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Reviewing counterparties at close

The Insights tab lets you drill into each category to see all the counterparties included in it — a useful way to spot miscategorized transactions before closing a period.

For a detailed view of vendor spend over time, use the Expenses by Vendor report on the Accounting tab.