Group Lease Invoices are used to categorize several tenant profiles or suites together for billing purposes when the property type is set to 6-Standard Commercial on the Properties Tab.
For example, a tenant who rents several spaces in one building or multiple building may prefer to consolidate billing these suites by distributing a single invoice. In addition, using this option allows you to print and mail invoices to one primary address rather than to several.
As a prerequisite, before group invoices can be used a Group Lease Code must be set up and linked to a tenant profile. The group lease code is used to create the link between a group and a tenant profile and tells the system any leases assigned to this group lease code should be considered when the code is selected for generating group lease invoices. You determine the number of group lease codes to set up, based on your individual or company needs.
After the group lease code is set up, it can be used to link that code to one or more tenant profiles. You determine which tenant profiles to group together when processing group lease invoices by selecting the appropriate group lease code from the Lease Information Tab.
See Also
Group Lease Statements Overview
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