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home/Knowledge Base/Accounting/How to Generate Management Fee Invoice? (Video)

How to Generate Management Fee Invoice? (Video)

107 views 0 December 5, 2022 Updated on July 27, 2023 mippsupportadmin

Management Fee is a form of the service charge that the property manager charges to the owner for managing their properties. Our portal is an invoice based system and the charge gets invoiced to the property owner. When the fee collection is logged, the invoice is closed. You can also automate management fee invoice creation and income processing (see how).

To generate a management fee invoice, please follow the steps below:

  1. Go to Accounting & Reports
  2. Owner Payout > ‘Search Management Fee Income‘ button at the top
  3. Choose the Property, Year and Period > click ‘Search’ 
  4. Note: If an invoice doesn’t exist, you can generate the invoice after the search.
  5. Select Management Fee settings
  6. Once done, click Generate Management Fee invoice

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