Managing the finances of a self-managed building can be a complex and time-consuming task. One crucial aspect of financial management is creating levy notices to ensure the timely and accurate collection of funds. However, the traditional manual process of generating levy notices can be cumbersome and prone to errors. In this blog post, we will explore how our software simplifies levy notice creation, streamlining financial management for self-managed buildings.
How to Simplify Levy Notice Creation with Our Software:
To simplify levy notice creation for your self-managed building, follow these steps using our software:
- Sign in to the Strata Savings Self-Management Portal – Login
- Click “Levy Information”
- Click “Add New Levy Installment”
- Once you have completed the Admin Fund levy, repeat for the Capital/Sinking Fund.
- Be sure to use the same:
- Due date, and
- Send Levy Date
- Click Submit
Your job is done, the Strata Savings Software will now:
- Calculate the levy amount for each lot, and
- On the “Send Levy Date” will create the levy notice and email it to the lot owner.
