Assessments & Additional Charges

Assessments & Additional Charges are used to map the financial obligations of the building to Resident billing.

Assessments & Additional Charges Screen

Opening The Screen

To open the Assessments & Additional Charges screen:

1. Navigate to the Buildings screen

2. Click the button with building icons at the bottom of the Building card

   When hovering over the button, a tooltip will appear with the text Manage Assessments.

Quick Action Buttons at the bottom of a Building card

Building-Level Billing

It’s most sensible to think about Assessments as Building-Level Billing.

The chance of human error is high when setting up Assessments against each Resident account individually. PropMan solves for this by letting Property Managers enter the details of assessments in one place, and allowing the system to figure out how to split the bill.

The Assessments & Additional Charges screen is organized into two sections:

• Assessments - Building financial obligations billed to the Residents, split by ownership percentage

• Additional Charges - a simple way to add a recurring charges at the Building level to each Resident

Setting up Assessments

Settig up Assessments and Additional Charges is easy, and both are done in the same way.

1. Click the New Assessment or New Charge button and a new row will be added to the table

2. Enter a description, amount, Gl Account, Date Start, and Date End

Note

The description entered here will be used as the line item on the Resident’s bill.

1. Save!