Records expenditure and revenue for a property or development.
Expenditure is analysed into separate funds, e.g. lighting, cleaning, gardens.
Tenants may contribute to one or more funds, in varying percentages. Updated by input of disbursements via Purchase Ledger and Client Accounting or by direct input to funds. Input of an agreed deficit or surplus produces adjustments to tenants accounts. Budget or estimated expenditure used to set tenant charges for the next year. Payments received accumulate as revenue against the appropriate funds.