Negative Statement
A ‘Negative Statement’ will be created when the rental
income is insufficient to cover any expenditure.
To allow a negative statement you have to make sure the
settings are correct in the ‘Landlord Record’
Double click on the ‘Landlord record’ you wish to create
a negative statement for
Make sure ‘Negative Stat’ box is ticked (see diagram) –
‘Save & Exit’
Within the ‘Landlords’ module, click on ‘Statements’
(bottom left), then click on ‘New Statement’
This will open the ‘Landlord Statement’ window
In this window, select the Landlord by clicking on the
little ‘Address Book’ icon (highlighted in the diagram) which will open up the
list of Landlords
Select the Landlord by clicking on the line once to
highlight in blue, then click ‘Select Contact’ – this will then open up the
‘Landlord Statement Transactions’ window. This lists all the transactions that
will be added to the statement. If there are any transactions that you do not
want to appear on the ‘Landlord statement’ then click on the ‘x’ on the left
hand side and this will be de-selected. Click ‘Add to Statement’
When these are added to the statement, because ‘Zero
Statement’ is not selected, the statement will be a minus figure.
If all information looks correct click ‘Update’ – it will
ask ‘Are you sure you want to update this statement into Sage’ Click ‘Yes’ - It
will then create a ‘Statement Number’
Then click ‘Save & Exit’
When the Landlord pays, receipt the payment by clicking
on ‘Landlord Receipt’
Related Articles
Landlord Statement Consolidation
Within a landlord statement, you have the option of how you want the details to be displayed. Click on ‘Show Consolidation’ and this will change the view. When you are happy with the view click ‘Save and Exit’. In the next window click ‘Yes’. In ...Clearing Receipts to the Landlord
Go to the ‘Tenancy’ module, select the relevant Tenancy and click on ‘Tenancy Receipt’ This will bring up the 'Receipt' window with the tenancy details pre-selected Before Posting a receipt please check the following: The bank account details are ...Landlord Statement & Payment
Once you have posted the ‘Tenant Receipt’ and ‘Cleared Receipt’ to Landlord you can now create the ‘Landlord Statement’ Go to ‘Landlords’ module, select ‘Statements’ (bottom left) and click on ‘New Statement’ A new window will appear, click on the ...Landlord Statement Run
Go to the ‘Landlords’ module and click on ‘Statement’ (bottom left) then select ‘Statement Run’ A new window will appear, it will have pre-selected all the statements, however you can de-select any of these if you don’t want to produce them all by ...Zero Statement
The law states that you cannot use client’s funds to pay for reimbursements, therefore Decorus will use agent funds to cover any shortfall. To allow a ‘Zero Statement’ you have to make sure the settings are correct in the ‘Landlord record’ Double ...