• Home
  • Blogs
  • FAQs
  • Login
  • Home
  • Blogs
  • FAQs
  • Login
home/Knowledge Base/Property Owner Related/Explanation of Owner Disbursement Report

Explanation of Owner Disbursement Report

14 views 0 December 5, 2022 Updated on December 7, 2022 mippsupportadmin

The owner disbursement report is a summary of every transaction that has involved cash paid out by the property manager or income earned by rental or non-rental means. In the end, the amount payable to the owner is the calculated from the balance of the report.

To access the owner report, we go to ‘Accounting’ and then ‘Owner Payout’ from the left navigation bar. After that, we click at “Disbursements Report” and find our property. Another way to go there would be to go directly from the ‘Reports’ section from the left navigation bar.

1) At the top of the report, the total revenue is calculated from the rental income, and total reimbursable revenue (non-rental income).
2) From this value, the management fee is deducted,(with tax) as well as the reimbursable expenses (which was spent by the property manager). These are called the disbursements. The management fee would have been decided from before, based on the slider which would decide the percentage of revenue being allocated for the property manager and the owner.
3) At the end of the report, the balance is calculated after deducting the disbursements from the total revenue. From the balance, the amount payable to the owner is determined. The year-to-date is also calculated alongside all the other calculations.

Was this helpful?

Yes  No
Related Articles
  • How to Bulk Upload Owner/Owners Data
  • What does the owner see in the owner portal?
  • How to add bank information to a portfolio?
  • Where to view a portfolio report?
  • How to disable a portfolio?
  • How to assign or update properties to a portfolio?

Didn't find your answer? Contact Us

Leave A Comment Cancel reply

You must be logged in to post a comment.

Popular Articles
  • How to Bulk Upload Vendors Data
  • How to look for Owner Reports-Definitions
  • How to Add Signature in an Inspection Report?
  • How to Assign a Service Request to a Vendor?
  • How to Set Up Default Non-Sufficient Funds (NSF) Admin Fee
KB Category
  • Form Management
  • Vendor Management
  • General
  • Setup
  • Lease Management
  • Prospective Tenants
  • Online Payment
  • Asset Management
  • Other
  • Property
  • Property Owner Related
  • Rental Listing
  • Rental Tax
  • Reporting
  • Security
  • Service Request
  • Tenant Management
  • Tenant Portal
  • Accounting
  • Tenant Screening

  Documents and PDF Viewer in Owner Portal

Explanation of Owner Payout, Owner Report, Management Fee and others (Video)  

MiPP
MiProperty Portal is Canadian-made for
Canadian landlords and property managers.
COMPANY
  • About Us
  • Why MiPP?
  • Features
SUPPORT
  • Knowledge Base
  • Get Email Help
SOCIAL
  • Linkedin
  • Facebook
  • Twitter
  • Privacy Policy
  • Terms of Use
  • © 2023 mipropertyportal.com. All Rights Reserved.