Utility meters can be used to enter meter readings for a property. Separate meters can be set up for different utilities and invoices can be created from each reading entered for a meter.

You can access the Utility Meters from the Outgoings tab on a property.

Create a new meter

To create a new meter click New Meter on the Utility Meters tab.

  1. Meter Number - enter the number of the meter 
  2. Default Account - The default account the readings should be assigned to, which will be used on the generated invoice. This can be changed when creating or editing a reading.
  3. Default Unit Price  - The default unit price
  4. Title - This will be included on the invoice line description generated for a reading, so it's best to enter something descriptive that is easily understood by the tenant.
  5. Non Recoverable % - The portion of each reading that the owner will be responsible for paying. This field is not editable, the percentage will be calculated from the tenancies allocation percentages.
  6. Tenancy Allocations - Enter the percentage allocation for each tenancy. The total amount for each reading will be divided by these percentages and the total applied to the generated invoices.
  7. Standing Charges - You can add additional standing charges which will be applied by default to each reading for the meter. Each charge can be removed or edited for each reading if you wish.
  8. Description - This will be included on the invoice line description generated for a reading, so it's best to enter something descriptive that is easily understood by the tenant.
  9. Charge Type - You have the option of a daily rate charge or a fixed amount. 
    • Daily Rate - The amount entered for the standing charge will be multiplied by the number of days covered in the period for a reading to get the total amount to be charged.
    • Fixed Fee - A flat fee will be charged for each reading regardless of how many days included in the period.
  10. Amount - The amount to be invoiced for the standing charge.
  11. Account - The default account the standing charge should be assigned to, which will be used on the generated invoice. This can be changed when creating or editing a reading. 

Click Save once you have your meter set up.