Year To Date Statements - Never Run for Holidays

Year to Date Statements

Never send a Year To Date Statement to an Owner. Year end statements are based on moneys received in their original month, whereas Holiday statements show these receipts in the month that the payout occurs.

So there will be money received in the year end statement that is still being held for tenants leaving after the end of the year end period. The figures will never agree.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

Article is closed for comments.