When payments are received into your bank account they need to be recorded.
In the Strata Savings Committee Portal:
- Select Tools
- Select Add Payment
- Click “New Payment”
- Complete the payment details
Types of Payments
A: Levy payments need to be associated to a Lot
B: Other incomes need to be assigned to the Admin of Capital Fund
FAQ:
What is other income?
Other income can include payment of an invoice, interest earned on a term deposit or an insurance claim payout.