Scenario: What if I’m not operational for the months that a management fee was generated? How can I delete the management fees so that it doesn’t show in the accounts and do not look like a negative balance in YTD?
Here’s what you can do, you can delete and recreate the ‘Management Fee Invoice.’
Follow the steps below to delete the management fee invoice:
- Go to Accounting
- Owner Payout > Search Management Fee Income
- Select the Date/Month and Property
- Click Delete & Recreate