This article is linked to creating analysis codes
This article suggests the best way to handle tenants in social housing where rents can come from various sources. We suggest setting up various analysis codes to handle these complicated statements.
In this scenario we will look at a tenancy where there are 3 areas of transactions.
The analysis codes created will include charges and receipts all to be viewed on the tenancy statement,
There are 4 codes to be created to handle service charges
1. Service charge
This a charge made to the tenancy statement to charge the tenant for service charge.
2. Service charge credit
This is a negative charge used when for instance there is an over payment.
3. Service charge payment
This s a receipt of money allocated to the service charge
4. Service charge refund
This is the payment of credit back to the tenant
These are to handle housing benefit payment. the codes are set up as above and include
This is to handle claw backs by housing benefit. The codes are set up as above and include
Two recurring charges will exist for this tenancy
Will display all nominal codes on one statement so its easy to see where there are arrears or over payments
This shows how a service charge payment is allocated to a service charge within a transaction screen.
Reports can be created to analayse individual nominal codes
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