Re-Leased lets you transfer funds between owner ledgers within your Client/Trust Account — whether managing properties with the same owner or journalling money between accounts. There are two ways to access the transfer function.
How to Access Fund Transfers
Option 1 — From the Ledgers List
Go to the Client/Trust Accounts tab and click Owner Ledger Balance.
Click the Transfer button.
Option 2 — From the Contextual Menu
Go to the Client/Trust Accounts tab.
Click the [...] Contextual Menu icon and select Transfer funds.
Completing the Fund Transfer
Select the Ledger and Account from which the funds will be withdrawn.
Choose the Ledger and Account where the funds will be deposited.
Enter a Description for the transfer to keep your records clear.
Select the Tax Type relevant to the transaction, if applicable.
Enter the Amount to Transfer, inclusive of any tax.
Click Save to complete the transfer.
Note: The transfer will not appear under the related Income or Expense Chart of Account. Look for it in the Transfers section of the Financial Summary or Owner Statement.
For Asia-Pacific customers, the term "Trust Account" is used. European customers refer to this as "Client Account". Client/Trust Accounting is not available to customers in North America. For more information on regional terminology, see our Glossary of Regional Terminology.