Rent Builder
Rent Builder should be setup on the Owner Units using the management fee percentage that will be collected monthly. This will auto-populate to the reservations once they are booked in the Owner Unit.
|
#
|
Account
|
Description
|
Details
|
Sign
|
|
1
|
028010
|
Rent
|
Total amount of rent billed to the Tenant
|
Positive
|
|
2
|
028010
|
Management Fee
|
Total amount of Management Fee being deducted
|
Negative
|
|
3
|
052021
|
Management Fee
|
Total amount of Management Fee being deducted
|
Positive
|
-
Any lines entered after the Rent amount may be entered as whole number amounts or as percentages.
-
Anything posted to the 028010 account will show on the Owners Statement.
-
The sum of all lines (1,2,3) is the amount that will be invoiced to the Tenant.
-
The sum of the Management Fee lines (2,3) should equal zero.