Accounting

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Barcode Scanning for Creditor Invoices in STRATA Master and fileSMART
Barcode Scanning for Creditor Invoices in Strata Master and File Smart Barcode scanning for Creditor Invoices automates the processing of large batches of invoices, for payment by Bulk BPAY. Using a handheld barcode scanner to scan each invoice St...
Create Multiple Miscellaneous Owner Invoices Quickly in Strata Master
Create Multiple Miscellaneous Owner Invoices Quickly in Strata Master Strata Master enables the creation of multiple miscellaneous owner invoices in one step, so you no longer have to create them one by one for each Lot. This is particularly usefu...
Creating a Miscellaneous Owner Invoice
Creating a Miscellaneous Owner Invoice in Strata Master This article will assist you to understand when to use Miscellaneous Owner Invoice, how to process , along with some information that will assist you to use Miscellaneous Invoices so as to not...
Creating Additional Entitlement Sets
Creating Additional Entitlement Sets From time to time, charges may need to be posted to some, but not all lots in an Owners Corporation. By creating an additional entitlement set, these charges can be posted to multiple lots at once, base...
Downloading a Bank File to Strata Master
Downloading a Bank File to Strata Master The process of downloading a bank file is usually covered by our Education section, after the setup of the Electronic Banking in Strata Master. This article is not a replacement for training. This article i...
Editing a description on a Creditor Invoice
Editing a Description on a Creditor Invoice This article will assist you to change the description on a creditor invoice after it has been entered into Strata Master. Please note that we suggest caution in changing descriptions after Financials ha...
General Guide to Fixing Transaction Errors in Strata Master
General Guide to Fixing or Correcting Transaction Errors in Strata Master This is a general guide to assist in correcting errors.  It will assist in guiding to a functionality that reverses, cancels or edits. It will assist in locating reports that...
How to Record Dishonoured Amounts in STRATA Master
How to Record Dishonoured Amounts in STRATA Master When a levy or other payments have been receipted and banked in STRATA Master, and is later dishonoured by the bank, complete these steps. Cancel original receipt(s)   Rece...
Levies Due Does Not Balance With Levy Positions Report in Strata Master
Levies Due Does Not Balance With Levy Positions Report in Strata Master There are a few reports that have figures that should balance or agree with each other. Two of those are the General Ledger for Levies Due and the Levy Positions report. These...
Levy Discounting User Guide
Levy Discounting User Guide From Version 5.0 of STRATA Master, the levy discount rate is recorded when the levy is being posted. This  allows for different discount rates being resolved for levies within the same plan. When posting levies the l...
Transfer Funds From Admin To Capital Works / Sinking / Reserve Funds - Strata
Transfer Money From Admin To Capital Works / Sinking / Reserve Funds - Strata And Vice Versa Summary There are 2 funds in Strata Master - Admin Funds Funds called Capital Works Funds, Sinking Funds, Reserve Funds or even Maintenance Funds de...
Unable to Edit a Transaction in Search/Edit Transactions in Strata Master
Unable to Edit a Transaction in Search/Edit Transactions in Strata Master Summary Some transactions can be edited in the Search/Edit Transactions screen. When clicking on the transaction, a pop up box will show editable fields. This article will a...
Reversing a Transfer Money Between Funds Transaction in Strata Master
Reversing a Transfer Money Between Funds Transaction in Strata Master Summary Funds can be transferred from Admin to Capital Works, or from Capital Works to Admin in the Transfer Money Between Funds screen. If you make the transfer accidentally,...
Compare Available Funds Figure And Bank Statement Cash in Strata Master
Compare Available Funds Figure And Bank Statement Cash in Strata Master Summary Learn the difference between the available cash figure on the Corp > General tab and the cash at bank figure on the Balance Sheet.  The Cash at Bank figure on the ...