This option will automatically generate transactions since the tenancy start date to bring them up the the correct balance. When the tenant is saved, there is the option to enter an existing balance owing and continue. Enter the tenants details as normal with a start date representing the date they moved in. How do I enter a tenant into the system who has been my tenant for a long time? If you have a tenant who has been your tenant for a long time, and you are just now entering them into the system, you have 2 options. (Note - this process can be done at any time of the month, and as often as you wish). Step 5 - Print the tenant statement report if you want to send those to your tenants. Step 4 - Print the owners transaction summary report if you want to sent this report to your client owners. Step 3 - Either add a disbursement one at a time for each owner or press the Bulk button which will create the disbursement payment transaction for each owner automatically. Step 2 - Go to the Owners menu group and choose Disbursements. Step 1 - Make sure all your transactions have been entered.
Prior to doing these steps make sure you have entered the management fee % against each owner on the owner details screen. At the end of the month a property manager normally pays their landlord clients. 1 RentMaster Frequently Asked Questions How do I.? How do I do my end of month procedure as a property manager.