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home/Knowledge Base/Property Owner Related/How to create Management Fee Invoice?

How to create Management Fee Invoice?

84 views 0 January 15, 2024 Updated on May 15, 2025 mippsupportadmin

 

I will walk you through the process of creating a Management Fee Invoice. Management fees can be generated automatically or manually. In this video, we’ll cover both methods! Let’s get started.

1. Click on “Management Fee SettingsClick 'Management Fee Settings'

2. Navigate to the Monthly Cycle sectionClick 'MONTHLY CYCLE'

3. Choose a property from the dropdownClick 'null'

4.  You can set the specific day of the month here, and the management fee invoice will be automatically generated on the same day every monthClick '1st (First) 2nd (Second) 3rd (Third)...'

5. To manually create a management fee invoice, click on the Accounting dropdown under Accounting & Reports, then select Owner PayoutClick 'Owner Payout'

6. Now, click on the dropdown beside the Action button at the top and select Search Management Fee or Payout. This option is for creating a management fee invoice for a single propertyClick 'Toggle Dropdown'

7. “– Select Property –” from the dropdown

Click '-- Select Property --'

8. Select a date range from the Period dropdown

Click '8 January 2025 - 7 February 2025'

9. Click on the Generate Management Fee Invoice button, and the invoice will be created

Click 'Generate Management Fee Invoice'

10. To create a management fee invoice in Bulk, go to Owner Payout from the Accounting dropdown. Once again, click on the dropdown beside the Action button and select Bulk Create or RecreateClick 'Bulk Create or Recreate'

11. Then Select a Portfolio from the dropdown

Click 'Select a Portfolio'

12. From the Select Properties dropdown, select all

Click 'Select All'

13. Select the Payout Cycle Start Month by clicking on it

14. Finally hit the search button from here

15. Tick mark the box beside the Cycle Start heading to select all the items belowClick here

16. Now, click on the Delete/Generate Payout button. If there are existing payout invoices, you will see Delete/Generate Payout. If no previous invoice exists, you will only see the Generate option here

Click 'Maximum 20 items can be selected at a time Total Selected: 4'

17. To view the management fee invoice, simply click on Invoice under the Accounting dropdown from the left-side navigation

18. It’ll redirect to the Invoice List View page. Simply click on the sort icon on the “Type” column headerClick here

19. Tick mark the Management option

Click here

20. Apply the filter

Click 'Filter'

21. Now, only the management fee invoices appeared in this view

Click 'Excel ExportCSV Export'

We’ve covered everything needed to create management fee invoices in this video. You can also watch “How to Configure Management Fee Settings” or move on to the next video in the queue. Thanks for watching

 

Tags:Management FeeIf an invoice doesn’t existyou can generate the invoice after the searchOwner Payout > ‘Search Management Fee Income‘generate management fee invoicemanagement fee invoicecreate management fee invoicehow to generate a management fee invoicehow to create management fee invoice

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