This article describes how to calculate and post management fees using the Advanced Management Fees feature.
To post management fees (advanced)
Go to Accounting > Accounts Payable > Pay Management Fees (Advanced).
Complete the filter.
Property | Select one or more properties, or a property list. |
Fee Pool | Leave this field blank if you want to calculate fees for all fee pools associated with the property. Otherwise, select the fee pools that you want to include in the calculation. |
Fee Date | Enter the date for the payable invoice. |
As Of Month Range | Enter the range of post months for transactions to be processed. To process transactions for a single month, enter the same month in both fields. If you want to include unprocessed transactions from all prior periods back to the start date for the fee pool, leave the first field empty. |
Post Month | Enter the post month for the management-fee charge. |
Report Type | Select Calculate Management Fee. The other report types are explained in later sections of this article. |
Click Calculate. A table showing the calculated amounts appears.
To post the management fees and create the expense transactions, click Post. A confirmation request appears.
Click OK.
Breeze creates an unposted payable batch. The screen contains a link to the transaction created. You can use the link to open the Payable screen, and from there go to the batch screen and post the batch.
Other Report Types
This section describes the options on the Report Type dropdown menu.
Calculate Management Fee | Breeze calculates the management fees and displays them. This report is shown above. |
Unposted Management Fee Summary | This report displays a summary of the management fees calculated prior to posting.
|
Unposted Management Fee Detail | This report displays the transactions and their details used to calculate the management fees prior to posting. |
Management Fee Register Summary | Displays a summary of the management fees that were posted in the time period specified in the filter. |
Management Fee Register Detail | Displays the details of the management fees that were posted in the time period specified in the filter. |
Saving a Calculation and Returning to Post it
If you leave the Calculate Management Fee screen without posting, the calculation is saved. When you return to the screen, you cannot calculate management fees for the same period. To review the management fees, you must select the Report Type: Unposted Management Fee Summary or Unposted Management Fee Detail.