Tools

Tenant service charges reconciliation

The tenant is typically responsible for complying with all of the provisions, service charges, of a tenancy agreement. This usually includes property utility bills, maintenance expenses and council tax. Our reconciliation tool helps you compare what the tenant paid you and what you paid on his behalf, and check if the service charges the tenant paid cover all the expenses. Following the reconciliation, the system generates an entry in the Finance section which can be (depending on the result): A Revenue, if the tenant has paid less (you can claim the difference), An Expense, if the expenses were less than Read more