100% Management fees appear on the Owner Activity Statement

SOLUTION:

The 100% Management Fee item suppression will only work if the items were received and paid out in the date range of the Owner Activity Statement.

Example:  If Late Fees are setup as 100% Management Fee items (meaning they all go to the Management Co. and nothing to the Owner), and on 10/31 a Tenant pays a Late Fee, on 11/6 another Tenant Pays a Late Fee, on 11/30 you run the Management Fee Calculation Process which will create a Payable to the Management Co. that includes all the late fees paid by Tenants.

                                                                                        Cash Balance

   10/31 Tenant #1 pays $50 late fee                           +50

   11/06 Tenant #2 pays $50 late fee                           +50

   11/30 Mgmt Fee Calc Process                                 -100

              (payable to mgmt co)

If you print the Owner Activity Stmt using a date range of 11/1 thru 11/30, the 100% mgmt fee items cannot be suppressed because it has to include the 10/31 Mgmt Fee which is outside of the date range of the statement.   All the 100% items coming in, and going out must be included in the date range of the statement for the suppression to work.

You can increase the OAS date range to include all items, or always make sure you receive and payout all items within the date range of the statement you normally print.