Wayledge Owners Association · Module for jointly owned property · Early access
Built for jointly owned property. Every unit, owner, service charge and fund lives in Business Central, and every amount reaches the ledger through standard invoices and journals, so VAT, dimensions, e-invoicing and reports keep working as usual.
Illustrative screen, drawn for this site
Features
Units with full ownership history, including developer-held units
Service charge rates calculated from the approved budget, per fund and property type
Bulk billing by billable area and approved rate, split into general and reserve funds
Charges prorated by day when a unit changes hands mid-period
Ownership transfer with settlement of advances between seller and buyer
Receivables per unit, even when one owner holds several units
Budget control with approval when a quote, order, invoice or journal goes over budget
Plain-language owner statements that explain how each charge was worked out
Payment plans with instalments, where only instalments that have fallen due count as overdue
Role centre for the association manager: collections, budget versus actual and ageing
Business outcomes
- One system for billing, collections and the association's accounts
- Owners see exactly why they are charged what they are charged
- Spending stays inside the approved budget, with a record of every exception
Who it is for
Owners associations and the property managers who run them, from one building to several communities.
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