TRACK Tip Tuesday on Owner Statements

Owner statements should be generated for all owners on a weekly or monthly basis.  Owner Statement Generation in TRACK is a multi step process.  Before owner statements can be processed for a period, a few items must be completed in the system.

  • All reservations to be paid out during that period must be checked in and ideally fully funded (i.e. paid in full).
  • All maintenance work orders to be billed to the owners for a period should be billed (owner charges entered, vendor bills entered, etc.)
  • All vendor bills (stand-alone) to be billed to owners for a period should be entered into the system.
  • All one-time and recurring charges to be billed to owners for the period should be entered into the system.

We also offer a comprehensive video tutorial in TRACK U going over generating owner statements:

https://track-university.teachable.com/p/track-pm-generating-owner-statements

If you’d like to learn more about TRACK’s Trust Accounting Features and Accounting Tools, please schedule your demo here.

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