When you manage properties for owners, you might charge the owner for any expenses or services you perform on their behalf. For example, buying a faucet for a unit or charging for finding a tenant. There are two ways to charge the owners in the Mi Property Portal.

1. By creating a ‘Reimbursable bill’
2. By creating an ‘Owner invoice’  

The difference between ‘Bill‘ vs ‘Owner Invoice‘ is that:

• A ‘Reimbursable Bill’ is an expense that you have made on behalf of the owner, and you are now recouping the money from the owner. It is a regular bill given by the service provider, with an option to reimburse the money from the owner at the same time.
• An Owner invoice is a direct charge from the property management company to the owner.

Click the following links to see how to:

• Create a reimbursable bill
• Create an owner invoice

The amount shown on the reimbursable bill or Owner’s invoice will be deducted from the payout for the monthly cycle based on the invoice date.