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Setup Questions Management Fees - General Tab

Questions in this section are intended to help you make decisions about your setup. The questions follow the pattern detailed in the field list that is associated with the task.

Field List

Refer to the following field list in the Help file for more information: Management Fee Tabs.

Instructions

1. Print this topic. Right-click this topic to display a pop-up menu, and then select Print.
2. Confirm that you have read the setup details on the topic.
3. Answer each of the questions on this page.
4. Use your answers to set up the system.

Questions for Management Fees

To what property does this management fee data apply?

Enter a property name: _______________________

Description:

What description do I want to use for the management fee?

Enter a description: __________________________

Include prior period adjustments

Do I want the system to include prior period adjustments in the calculation?

Circle one: Yes or No

Vendor:

What is the minimum amount to be paid to the management company?
Vendor only shows when management fees are not set up to not transfer to G/L. Refer to Transfer Prerequisites in the Management Fee Overview for details.

Enter an amount: ___________________________

Minimum:

What is the minimum fee for the management company?

Enter an amount: ______________________________

Income Code 1

Income Code

What income code do I want to associate with this management fee?

Enter a code: ______________________________

Type

What type do I want to associate with this management fee?

Circle one: Payments or Billings

Percent

What percentage do I want the system to use when calculating management fees?

Enter a percentage (with four decimal places after the period): _________________________

Minimum

What is the minimum amount to be paid to the management company?

Enter an amount: ___________________________

Income Code 2

Income Code

What income code do I want to associate with this management fee?

Enter a code: ______________________________

Type

What type do I want to associate with this management fee?

Circle one: Payments or Billings

Percent

What percentage do I want the system to use when calculating management fees?

Enter a percentage (with four decimal places after the period): _________________________

Minimum

What is the minimum amount to be paid to the management company?

Enter an amount: ___________________________

Income Code 3

Income Code

What income code do I want to associate with this management fee?

Enter a code: ______________________________

Type

What type do I want to associate with this management fee?

Circle one: Payments or Billings

Percent

What percentage do I want the system to use when calculating management fees?

Enter a percentage (with four decimal places after the period): _________________________

Minimum

What is the minimum amount to be paid to the management company?

Enter an amount: ___________________________

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Management Fee Overview