How to process Charges

Processing Property Charges is the task of moving money from a Property to the relevant ledger.

Once a charge is processed, it will then set up a reminder for the next charge if it is a repetitive charge.

If the Repetitive Charge is for a Tenant, then processing the charge will create a Tenant Invoice against the Tenant. It will not deduct money from a Property.

  • Go to the Dashboard.
  • Click on the Property Charges tab.
  • Select the entries that you want to process.

If there are any entries that are under insufficient funds, this means that the Owner does not have money available to cover this charge. You can either manually select them, which will mean the Owner will be put into negative (this will not affect the Trust Account unless you pay out the Ledger) or you can leave them unticked and they will go back into the reminder screen until you can process them.

The larger Green Arrow (left-hand side) will process the Charge and move the money from the Property to the Ledger

The smaller Green Arrow (right-hand side) will not process the charge, it will simply move the charge forward to the next repetitive date.

PropCharge.png

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