Refund Letting Fee:
This transaction is used to pay back a tenants letting fee. For example the tenant may have paid the letting fee but now cannot take the property, you can reimburse them the fee using this transaction.
Remember this money is coming from your Letting Fee Ledger so pays to check that there is money in the ledger.
- Go to Financial
- Click on Transactions
- Choose Refund Letting Fee from the list
- Click on generate
- Find the tenant
- The amount should be showing otherwise fill it in, (Remember this must be the whole amount including GST)
- Click on confirm
- Click on proces
This will take the money back from the Letting Fee Ledger and the GST Ledger.
Remember to go to bank to transfer money to the tenant