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Setting Application Fees for Management Company Bank Accounts

Application fees will only process if the building’s associated company has ProPay configured. These fees automatically use the building’s operating account, regardless of any linkage settings to the property manager’s books.

Written by Jimmy Chowdhury

Link Application Fees to the Property Manager’s Account

To ensure the property manager collects application fee income:

  1. Click Companies in the left navigation menu.

  2. Select the desired management company.

  3. Open the Company tab.

  4. In the Operating Accounts section, click Add.

  5. Select the appropriate application fee item.

  6. Click Save.

  7. Expand the new operating account section.

  8. Click the edit icon for the item.

  9. Select the bank account that should receive the application fee income.

  10. Click Save.

Repeat these steps for each company whose application fee income should be collected by the property manager.

This ensures application fee income is properly directed to the management company’s bank account.

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