Scenario; Tenant purchases an item that needs paying back to them from the landlord
A tenant has paid £20.00 for the new bath hose themselves and now requires reimbursing from the owner. What is the best way to deal with the reimbursement?
- Add a credit note to the tenant statement so it deducts from the rent how to issue a credit note
- Add a disbursement to the owner statement for the hose, this will debit this amount from the owner
- If the management fees are based on receipt of funds then add to the owner statement a management fee for the £20.00 to adjust for lost fees