In order to charge a monthly condo or home association fee to the owners, you'll need to set up Scheduled Charges.

Scheduled (recurring) charges are charges that are billed every month (for example, common areas of landscaping or parking). Recurring charges appear on the Owner screen, on the Current Scheduled Charges tab. The charges are created by the Monthly Posting function.

The monthly fee charge is set up automatically when you add an owner (the amount comes from the unit setup). Other recurring charges (for example, parking) must be added manually. You can add other fees/charges by clicking the Add Scheduled Charge button.

Go to Accounting>Accounts Receivable>Monthly Posting.

Select one or more properties and enter the Post Month. (The Post Month is the month the charges are for. If you post charges early, for example, near the end of the month, select the next month as the Post Month.)

Click Display to preview the charges that will be created. Verify the amount and click Post.