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In your condominium’s chart of accounts, fractions have, by default, two accounts associated with them: a condo fees account for common expenses (condo fees and special assessments) and an other fees account in which expenses that are not part of a budget are billed (example: rebilling of an expense, moving expenses, penalties, etc.).
In this UpperBee course, you will learn how to create the different accounts receivable for your owners.
00min, 00sec : Introduction
00min, 20sec : Where to go to get to receivables accounts
00min, 50sec : Adding a receivables accounts
01min, 50sec : Closing
UpperBee’s team includes several property managers from one of the largest condominiums and homeowner associations management company in North America. We are therefore pleased to be able to share with you our many decades of experience in condominium and HOA management field.
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