My owner statements aren't correct, why?

For information regarding owner statements, you'll want to consult the threads located in the Accounting knowledge base section as well since this is where the heart of the property management functionality lies.

Owner statements require that property management fee structures be setup, owner distributions, and the payment of management fees.

It's critical to remember that any revenue or expenses that were posted after generating your owner statements will not be represented. Owner statements take a snapshot of the current finances at that point in time. If you discover that you need to record additional revenue or expenses, you'll want to regenerate your owner statements, management fees and distributions as they will all likely be affected.

Other things to check, make sure that the expenses were expensed to the correct owner and verify the recorded at dates for all revenue and expenses not showing up. Dates mean everything when it comes to the management fees and owner statements! Along these same lines, we suggest that your company stick with hard dates on your monthly owner statements, it will make things easier when trying to recall what dates to use when recording your revenue and expenses and overall clear up a good deal of confusion.

My owner statements aren't correct, why?

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