Accounting Procedures

 Some Landlords and Vendors do not have an Invoices

Workflow:

1. Tenant or Asst.Property Manager to completes the Check Request Form
2. Assistant Property Manager uploads the Check Request Form
3. Approvals workflow executed
4. Once Ready for Payment, Accountant process payment recording:
   1. Payment to Landlord
   2. HOA Dues Payment  (if not included in the sum paid to landlord) 
5. Complete Payment to show the VAT paid in the Vendor Reports > Invoice List by Chart Account report.

It is important for VAT Reporting to ensure that the payment in step 4. 2. above shows in the Vendor Reports > Invoice List to ensure the VAT Paid by HOA offsets the VAT Invoiced by HOA.

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