This guide provides instructions for creating expense invoices related to fees or commissions using Re-Leased. Take note that the process for late fees is distinct and additional information on them can be found here. It's also key to recognize that the Client/Trust Accounting version has separate procedures for fees, which are detailed here.
Before you begin invoicing for fees, ensure you've followed the necessary preparatory steps to set up your fee rules.
To review the draft fees generated by your company's established rules, go to Accounting and Raise Fee Invoices. This section allows you to apply filters and organize the fees, letting you choose the appropriate ones to convert into expense invoices.
Generating Expense Invoices
Select the draft fees you want to generate invoices for using the checkboxes on the left, then select the Generate invoices button. This will update the status of the fees to Generating while the invoices are being created. Once the invoices are created the fee status will change to Invoiced.
If there is more than one fee selected for an owner, they will all be included on a single invoice to the owner. Invoices are created in an Awaiting Approval state and can be bulk approved via the income & expenses area.
Viewing Fee Invoices
There are a couple of ways to view expense invoices generated from your fees. If you're looking for a specific invoice, just change the status filter to Invoiced, locate the fee, and click the amount field to open the related invoice.
If you want to view many fee invoices, navigate to Income & Expenses > Expenses > Awaiting Approval and type into the search field Fees. From here you are able to review and bulk approve the expense invoices.