Receivable Accounts

Condo Manager comes with a complete account receivable module allowing to:

Charge and Collect Maintenance Fees

• Calculate and charge automatically maintenance fees and special assessments
• Create invoices for sales of services or products, e.g. ownership acts; remote controls, etc. -Invoice can be personalized with your logo and colors
• Collect rapidly and easily payments received by check, money, and lockbox or via direct debit (ACH)
• Use a check scanner to speed up entering payments by check.

Print Payment Coupons

• Print payment coupons that can be sent back to you with owner's payments
• Option to print late payment fees on the payment coupons
• Option to print OCR line on the coupons
• Export coupons data to third party printers if needed (South Data, Bank-A-Count, BestBill...)

Print Statements of Accounts

• Print or or email the statements for any period
• Choose the format to be used - top or bottom stub, no stub, personalized
• Exclude or include owners paying by pre-authorized electronic payments
• Print only for accounts with a minimum balance
• Exclude owners with accounts sent to an attorney
• Allows producing a PDF file grouping all statements within the same file if you want your statements to be printed by another company.

Charge Interest and Late Fees

• Calculate and charge automatically interests and/or penalties on late payments.

Use Invoicing Groups for recurrent charges

• Select the accounts, define the amounts and descriptions to be used, e.g. TV cable, outdoor parking, etc. Process the groups as often as you want or attach them to the Regular Assessment so that they are processed automatically each time you execute the Regular Assessment. No need to launch it yourself... or even to think about it.

Manage Delinquent Accounts

• Produce aging reports (30, 60, 90 days) - summary or detailed
• Manage NSF checks easily with an automated function
• Track bad payers using the Collection Follow-up module

Download a pdf version of this page

Check out these other links for more information about Condo Manager:

• Frequently Asked Questions
• Screenshots
• Condo Manager Report Samples
• Required configuration
• How much will I have to invest?

Contact us

Don't hesitate to contact us if you have questions on comments about our services or products. We will be pleased to hear from you. Contact us here