Retaining Funds for Repairs

Retaining Funds for Repairs

Retaining Funds for Repairs

 

 

- Go to the 'Landlord ' module and double click on the Landlord from whom you wish to retain funds for repair.

- In this screen down the right hand side you need to change 'Statement by' to 'Individual Properties',

- Make sure 'Inc Repair' is ticked and the date that you wish it to run until is entered

- Click 'Save and Exit'.

- When you create the Landlord Statement you will see the transaction retained for repairs.

- If you can also enter the amount to retain within the 'Add to Statement' window.

- If the Landlord pay s you money directly for repairs rather then putting them through their statements, you can record this in the landlord record.

- To do this go to the 'Landlord' module and double click on the relevant landlord record.

- In the landlord record go to the repair retain section on the bottom right corner and single click on the account tab.

- Select 'Transfer Funds'.

- The select 'Receipt from Landlord'. 

- Enter the correct date (date you received the money), reference (e.g. BACS/Cheque etc.) and correct amount. Always double click that the rest of the information is correct and 'Save'.

 

 

For More Information Please See The Attached Document


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