With EOM is just around the corner, refer to the below to help prepare for a hassle-free EOM.
We have released a new finance tab a few weeks ago and it should help you. To access the new Finance tab go to Dashboard > Finance
Undisbursed - This will give you a list of reservations (or tenancies) that have been receipted in full but remain undisbursed. Click into the reservation, then finance, scroll to the bottom and manually disburse.
EOM cheat sheet:
- Clear receipts and payments - go to bank statement and click refresh to get the latest transactions from your bank. Check if you can clear them all against your receipts/payments.
- Disburse reservations and rent/tenancies - Click here to see if you have any undisbursed reservations. (use new finance tab on the dashboard)
- Check owner monthly charges - Monthly charges (Foxtel fee etc) will automatically be applied on the last day of the month. You can see these charges previewed on the transaction tab. Make sure they are all correct before finalising EOM. Help article here.
- Owner balance in negative - To remain compliant, accounts must not have a negative balance. Click here to check your payout page. If some accounts are negative, go into the account and convert the transactions to pending.
- Three-way balance - make sure you have the green balanced tag.
As always you book an appointment with us to finalise your EOM together. Book a time with us here.