In the system you can post a fee to a portfolio, property/unit. This article will show you how to do that on both Manager Ledger mode and Bill Mode
Manager Ledger Only
To post a one time fee to a portfolio, property or unit:
- From the left navigation menu click on ACCOUNTING then from the dropdown menu click on Manager.
- Click on the green Actions button on the top right then click on Post New Management Fees from the dropdown menu.
- Fill out the fields on the form.
- Ledger - Choose who you are charging the fee to (portfolio, property or unit).
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- Date Posted - Choose charge date
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- Amount - Dollar amount
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- Description - Reason for Fee
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- Bank Account - Choose the bank account
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- Portfolio Expense Account - Choose applicable expense account to portfolio ledger
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- Manager Income Account - Choose applicable income account to the manager ledger
- Click Save
Bill Mode Only
To post a one time fee to multiple portfolios, properties or units:
- From the left navigation menu click on ACCOUNTING then from the dropdown menu click on Manager.
- Click on the green Actions button on the top right then click on Post Bulk Management Fees from the dropdown menu.
- Choose a type - What type do you want to charge this fee? Portfolio, Unit or Property
- Fill out the fields on the form.
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- Select - Choose who you are posting the fee to by selecting the box next to the portfolio, unit or property.
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- Date Posted - Choose charge date
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- Account - Choose applicable expense account to portfolio ledger
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- Manager Income Account - Choose applicable income account to the manager ledger
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- Amount - Dollar amount
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- Description - Reason for Fee
- Click Submit