Levies

Articles

Cancelling Levy By Owner
Cancelling Levy For One Lot Owner This article will assist you to cancel a levy for one Lot Owner, or only a few of the Lot Owners in a Plan. To cancel a Levy for the whole Plan refer to Accounting > Adjustments > Search/Cancel Levy Posting. N...
Post or Process a Levy for One Owner
Post or Process a Levy for One Owner This article will assist you to process/create a Levy for one Lot Owner, or one Lot at a time where only a few Lots in a Plan are affected. This will usually occur where a Levy has been cancelled for a Lot Owner...
Cancelling a Levy Discount Receipt on a Strata Master ledger
Cancelling a Levy Discount Receipt on a Strata Master ledger When a discount is allowed on a levy receipt, and that receipt is later cancelled, the discount given is not cancelled.  The discount needs to be reversed manually through other means. T...
Post or Process a Quarterly Levy for a Plan in Strata Master
Post or Process a Quarterly Levy for a Plan in Strata Master The Strata Plan gains its income primarily from Levies charged to the Lot Owners.  This income provides the funds to pay for insurance, maintenance, common area utilities and more. In St...
Post or Process a Once Off Levy for a Plan in Strata Master
Post or Process a Once Off Levy for a Plan in Strata Master The Strata Plan gains its income primarily from Levies charged to the Lot Owners.  This income provides the funds to pay for insurance, maintenance, common area utilities and more. In Str...
The Advanced Levy Function adding instalments same levy year in Strata Master
The Advanced Levy Function adding instalments same levy year in Strata Master For processing Next Levy Instalments in the Levy Year The Advanced Function is used for a number of different purposes - Adding more Defined Descriptions to the Levi...
Levy posted to Wrong Fund in Strata Master
Levy posted to Wrong Fund in Strata Master This article will also apply where the amount of a levy is incorrect. Once a levy has been posted, the Fund and the amounts in that Fund cannot be edited . It is necessary to cancel the incorrect levy an...
Editing or Cancelling Penalty Interest on Levies in Strata Master
Editing or Cancelling Penalty Interest on Levies in Strata Master About this Article Interest may appear as interest paid by the owner against a levy, interest charged as a Misc Owner Invoice, or as interest due but not yet charged or paid when ...
Post An Equal Amount Levy in Strata Master
Post An Equal Amount Levy  in Strata Master This article will assist you to post a Levy that is to be divided equally between Lots.  It could be all Lots of the Owners Corporation or only a few Lots. There are 2 parts to this instruction - 1. Cre...
Cancel a Posted Levy For All Lots of A Plan
Cancel a Posted Levy For All Lots of A Plan This article will assist you to cancel a Levy Posting that needs to be cancelled on ALL Lots that were included in that posting. Note that the cancellations do show on the Lot Owner Ledger, however this...
Cancel Or Edit a Miscellaneous Owner Invoice in Strata Master
Cancel Or Edit a Miscellaneous Owner Invoice in Strata Master The process for cancelling a Miscellaneous Owner Invoice (also known as a Miscellaneous Invoice) is the same for Levies for One Owner. Refer to this article -  https://kb.rockend.com/...
Rounding of Levy Figures in Calculate Levies in Strata Master
Rounding of Levy Figures in Calculate Levies in Strata Master When entering the Levy amount to be raised, the raised amount may increase to cater for rounding on each Lot to a round cent figure. The number of Lots along with the lot entitlements wi...