Collection Charges

Navigation: Accounting > Post Charges > Monthly Collection Charges

Purpose: The Monthly Collection Charge is used to post administration charges to Unit Owners who have outstanding Maintenance Lienable charges on their Owner Ledgers

Note: If you have Late Interest Set for the Corporation, this will also post those charges to the individual Owner Ledgers.

• Set the "As of Date" to the end of the month
• By default, all Owners are chosen
  • you have the option to deselect them one by one or use the Select All/Unselect All feature

Note: If the interest includes a Collection Fee (Admin Fee), you can include it.

• Click Save to complete the postings to the Owner Ledgers.

Note: To use this feature you must have a Chargeable Item set. 

There is a default filter that displays only Unit Owners with arrears over $50.