It is important that you complete the following processes in the precise order at the end of each month. Please note, you can complete steps 1 to 4 periodically throughout the month and we recommend you complete step 1 every few days at the very least. There is a full article to read for each of the steps via the relevant links.
- Post all bank transactions to end of month disbursement date (see article)
- Disburse all bookings to end of month disbursement date (see article)
- Enter Bills (see article)
- Pay Bills (see article)
- Batch pay all owners and batch send owner reports (see article)
- Add property management payouts and download the ABA file (see article)
- Complete reconciliation the following day (see article)