Expenses

• The Expenses workspace

  Find, filter and open expenses across all your properties, void a duplicate, and pay, print checks for or delete several at once.

• Record an expense

  Record a vendor bill against a property — vendor account, expense date, categories, and whether it is paid, unpaid or sent by ACH.

• Split an expense across categories

  Code one vendor bill to several GL categories, such as the principal, interest and escrow parts of a mortgage payment.

• Pass an expense through to tenants

  Re-bill an expense — a water or electricity bill, for example — to the tenants of the units it covers, split by share.

• Pay an expense and print checks

  Record or send an expense's payment, print its check, and pay or print checks for several expenses at once.

• Pay vendors by ACH

  Send a vendor's payment straight to their bank from a DirectPay account — set up the vendor's bank details, send or schedule the payment, and follow it until it settles.

• Approve payments

  When your company requires approval, an ACH payment or a printed check waits until someone who can approve payments approves it — see what waits, approve or reject it, and approve several at once.

• The property Expenses tab

  See, filter and record one property's expenses, and pay, print, pass through or delete them from the row menu.

• The expense inbox and queue

  With the expenses inbox, collect vendor invoices in the Inbox, turn them into expenses, and track what is owed and when to pay it in the Queue.

• Accounts payable settings

  Turn on the expenses inbox, require approval for payments, issue email addresses for vendor invoices, and choose what vendors' payment notices say.