Automatic management fees are set up during the move-in process. On the third step of the move-in process, entitled "Extra Fees & Utilities", enable the management fee functionality by selecting one or both management fee options: "First Rent Payment Commission" and/or "Ongoing Rent Commission". Check the desired toggle button to enable the fee. Both fees may be simultaneously enabled.
Complete all steps of the lease and finish the move-in. The unpaid management fee will be calculated once the rent invoice is posted. You can mark it as paid or transfer money from the owner's account. To view the list of all management fee invoices, go to the Management Fee page located in the Accounting sub-menu.
You can also add management fees later by viewing the lease, opening the Lease transactions tab > Extra fees section:
Automatic management fee posting is available in Property Manager Mode only. You can check your account mode by going to the My Plan settings.
To be able to use this feature properly, you must assign each owner to the property first. To do this, go to the Portfolio page, "Properties" sub-page in the left side menu of your dashboard, and click on the property card. Then, switch to the “Owners“ tab and click “+ Add“. Select the needed owner from the drop-down list and press "Update" to save the changes.
