Let’s create a Tenant Invoice! Remember, rental invoices cover rent, while tenant invoices handle extras like parking, storage, damages, or NSF fees. Now, let’s get started!
Go to manage.mipropertyportal.com
1. First, select “Invoices” from under “Accounting” in the left-hand menu
2. Click on the “Tenant Invoice” dropdown
3. Select the required fields properly under “Property, Unit & Tenant”
4. Fill in the required fields under “Title & Summary”
5. Check this box, if it’s an NSF invoice
6. Fill out all the empty fields here in this section
7. Enter the Item name, select a Category from the dropdown, input Quantity, Unit, and Price—the Amount will auto-fill. Then, choose a tax from the dropdown
8. Click “Add another item” to create an additional line item
9. Click on the slider and set the Reimbursable (%) if applicable
10. If it applies, tick the box “Consider this invoice for management fee calculation”
11. Click “Notes (Enter notes that are visible to the invoice receiver)
12. Click the “Enter a footer for this invoice” field and add a Footer. Upload any Documents or Attachments from your device by clicking on the folder icon. You can write a Memo in the memo box
13. Click on “Save & Approve”
14. Ensure the status updates to “Approved”
15. This is what the “Demo Invoice” will look like
16. Scroll down to see how the “Invoice Summary” will appear
In this video, I’ve explained step by step process How to create a Tenant Invoice. I hope this is helpful. See you on the next one. Thanks for watching.