Charging your management fee

If you manage a home for its owner, you can add your fee to a cost you arrange. We record it for you, and it shows on the owner's statement.

Add your fee to a cost

Include management fee appears wherever you record a cost on a property you manage for someone else:

• Tools, then Add transaction, then Expense, on the property's Finance tab or on the Finance page.
• On a repair, under Costs in the issue window: select Add. It also shows when you select Confirm cost on a contractor's invoice.
• On a repair you mark as completed: select Mark completed, then + Add what it cost.
• Record the cost, from a repair you are handling yourself.

This example uses the first one.

1. Open the property's Finance tab. Select Tools, then Add transaction, then Expense.
2. Pick a Category and enter the Amount (£) of the cost.
3. Leave Include management fee switched on.
4. Check the £ box beside it. If you have charged a fee on this property before, we fill in the same rate applied to this amount. Type over it to charge something else.
5. Check Total with your fee, then select Save expense.

Switch it off and no fee is recorded. Leave it on with the £ box empty and we ask you to enter a fee or switch it off.

What it records

Your fee is saved as its own Management fee expense, linked to the cost it sits on. It shows as Commission on the owner's statement of accounts, and it counts towards Fees earned.

To see your fees, open the Finance page and choose Managed property. The same figure for one home is on its Finance tab under As manager. The page total also counts fees on buildings you manage, so it can be higher than one home's. Open an owner's row to see the Fee on their homes. Fees are not part of any tax figure.

If you delete the cost, its fee goes with it.

Running a building for leaseholders?

The same switch appears on a managed building's spending, on its Service charge tab. See The Service charge tab.

If something's not right

• No fee switch? The property is yours, not managed for someone else. It also does not appear on a repeating cost, a disbursement, a deposit or another management fee.
• The figure is not what you charge? Type your own. It is a fixed amount in pounds.