When you manage properties for owners, you will be charging the owner for any expenses or services you have performed on their behalf of them. For example, buying a faucet for a unit or charging the leasing fee. There are two ways to charge the owners in Mi Property Portal.
- By creating a ‘Reimbursable bill’
- 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:
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