While your management fee % (commission) is set up as a Global Fee and it is calculated automatically for you, you can add additional management fee items anytime you need.
- The management fee added manually will be attached to the property (not to a booking - see the article about Adding Booking Charges for more information on charges attached to a booking)
- The management fee amount will be deducted from the owner's earnings as an expense
- The management fee amount will be added to your management fees and paid to you at disbursement
- The record of the management fee will appear on the owner's Booking Report under the list of all bookings, together with the list of invoices raised against this property
To add a Management Fee go to Transactions > Add Management Fee and follow the steps below:
- Choose the property the fee will be added to
- Select the Management Fee type. Choose the closest category to your fee, you will be able to add more details to this charge in the Comment field to specify what the charge is for
- Add the Fee amount and the date you charge it
- Set the transaction status to Active (default status)
- Add a description to your charge - this comment will appear on the owner's Booking Report
- Save
