Back
Manage your properties easily and with confidence

The intuitive and efficient property management software trusted by thousands of landlords across the UK and Europe.

Sign-up for free
  1. Table of contents
  2. Set up the allocation keys
  3. Add a recoverable charge

Service charge split rules

Set up the allocation keys

You can link several properties to a building and set the shares used to split the service charges. You can give a percentage or use a fraction, for example 100/1000.

There are two kinds of allocation key:

  • general keys, which cover the expenses split across all the tenants;
  • specific keys, created when the landlord manages particular parts of the building on shares that differ from the general ones.

When you add a unit, on the “Units” tab, you can choose the general shares that apply to the general service charges.

On the “Allocation keys” tab, you can add several allocation rules according to the type of specific charge (lift, cleaning, water and so on).

Add a recoverable charge

When you create a recoverable charge, you can enter the following information:

  • The amount recoverable from the tenant,
  • The period,
  • The service charge split (if specific keys have been set up).

The split you choose is used to work out the pro-rata amount at the service charge reconciliation.

More from Rentila

Buildings

In this section, you can manage your buildings, or groups of properties and units. It is designed for owners of whole buildings, or of properties divided into individual units. It lets you record ownership shares, or apply custom allocation keys, so that shared expenses are split fairly between the units. You can create, edit and delete a building.

Read more

Property certificates, insurance and other contracts

For every property and every tenancy agreement, you can record the certificates and contracts you have taken out — insurance policies, electricity suppliers, internet providers, energy performance certificates and others. Enter them in the “Certificates & Contracts” tab on the property record, or the “Insurance” tab on the tenancy record, and Rentila reminds you before each one expires.

Read more