How do I post management fees in advance in AppFolio?
How do I post management fees in advance in AppFolio?
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AppFolio User Question:
How do I post management fees in advance in AppFolio?
APM Help Answer:
You can only pay management fees once the rent has been received. The system will not calculate percentages before income has been paid on the property. If you don't want to wait on that, then you can set a flat fee on each of your properties for the management fee amount under the "Management Fees" section, but you risk drawing your account negative if you draw funds that have not been received yet so just use caution if you choose to do this.
How do I post management fees in advance in AppFolio?
AppFolio User Question:
How do I post management fees in advance in AppFolio?
APM Help Answer:
You can only pay management fees once the rent has been received. The system will not calculate percentages before income has been paid on the property. If you don't want to wait on that, then you can set a flat fee on each of your properties for the management fee amount under the "Management Fees" section, but you risk drawing your account negative if you draw funds that have not been received yet so just use caution if you choose to do this.
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