How to Deal with Undercharging a Property Owner

Modified on Tue, 26 Mar at 12:29 PM

Scenario: *You have charged the owner less than you were supposed to.* In this case too much rent has been remitted to the owner. In order to rectify this you will need to create a charge that corrects the amount.

 

Step 1 

Click Add a Transaction.

 

Step 2

Select the transaction type; Sundry charge, because in this case we have remitted £1300 when rent is £1000, make sure you add a reference and then add the right amount, in this case £300.

 

Step 3

 This will create a charge for the owner - which you can deduct from your next remittance.

 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article