Apply a charge to a property

You can apply two types of charges to a property, and you may set these up as single, one-off charges, or you can add them to apply repeatedly on a regular schedule:

• A one-off charge
• A recurring charge 

Fee or expense - what's the difference?

A fee generates income revenue for the agency, and will be subject to VAT if applicable.

An expense is incurred by the agency and that cost is passed on to a third-party for payment; it does not generate additional revenue for the agency. 

There are a number of preset charge types which you can apply, or you can define your own property charge types. 

Fees

• Letting (this is for arranging a tenancy, and must have an associated tenancy selection)
• Sourcing (for finding a suitable property to purchase and manage) 
• Management (for property management - also see automatic management fees) 
• Maintenance (for property maintenance - also see automatic maintenance fees) 
• Other (miscellaneous) 

Expenses

• Other (miscellaneous) 

RELATED ARTICLES

• Apply a credit note or credit memo