Sometimes Landlords/Property Owners may send money directly to their Management Agency, this article will explain how to reconcile transactions when the landlord has made a payment to you.
You should already have a charge against your owner, if not, add a charge against your owner (this can be “Management Fee Charge”/”Sundry Charge”), next add your Property Owner Receipt
You can now reconcile the transaction as a received item.
You can now remit the charge you raised to the owner against the Property Owner receipt. This should always leave a remittance of £0.00.
Our support staff are ready to help with any technical issues.
To get in touch please use our online chat below