Lien Management

Navigation: Accounting - Unit Accounting - Lien Management

Purpose: To Allow the recording of any unit that has a registered lien

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• Click New
• Scroll to the applicable unit or enter the unit number and press enter
• Enter all the applicable details.
  • The Lien Amount is what the Owner owes.
  • The Lien Cost is what it costs to register the lien.
  • The owner is responsible for paying both amounts.
    
    
• Press Save

Note: This has no impact on Financials; it is only for record-keeping purposes.  This will also display the Lein Registed stamp on Owner Maintenance, Owner Ledger and on various reports.