This article explains how to create your own code for receiving money from a tenant and passing over to your Landlord/Property Owner. This transaction will behave the same way as a “Rent Charge” does on Arthur.
Go to Financials > Analysis code
Please replicate the fields shown in the image below. You can call your Transaction whatever you please.
Note: “Create property owner transaction”, must be ticked.
Note: Tick, “Allow associated recurring deductions”, If you want to be able to deduct management fees and/or want to be able to view this transaction on your Rent dashboard.
Add the transaction to the tenant statement using the new analysis code
Now pay off the transaction either via Xero/QuickBooks or manually for those only using Arthur. Once paid off the receipt will appear on the owner statement
Our support staff are ready to help with any technical issues.
To get in touch please use our online chat below