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Entering Unallocated Funds After Take On Opening Balances Completed in Strata Master A previous Strata Manager, or a Lot Owner, may contact you and request an entry for unallocated funds or prepaid funds after opening balances have been entered. Wh...
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Entering Lot Arrears After Take On Opening Balances Completed in Strata Master When you take on a new Strata Plan from another Strata Manager, you are usually provided with the status of each Lot, and these details are entered to Opening Balances. ...
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Journals to Correct GST on Payments in Strata Master Note that the Correction is made to the invoice transaction and NOT the Payment . The process of making the payment is the second part of paying a creditor and does not include any details of th...
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Journals to Correct GST on Receipts in Strata Master When funds have been receipted with the incorrect GST component it will be necessary to create two journal entries to correct this transaction. Note that this article only relates to Owne...
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Entering Prepaid Unallocated Funds in Opening Balances in Strata Master Unallocated funds are provided for in Strata Master but may not be accommodated in the platform used by a previous agent. You may notice prepaid funds in the previous agents ...
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Recording Insurance Claim Funds Received in Strata Master When an insurance claim is made, you will most likely receive a claim payment to your bank account as a direct credit or as a cheque. Receipting the funds are easily done. The major p...
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Recording Insurance Claim Details in Strata Master Insurance claim information can be recorded in Strata Master and Show in Reminders. Be finalised in receipts when receipting claim funds. Show amounts claimed and amounts actually refunde...
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Arrears Figures For A Past Date in Strata Master The Aged Arrears report in Strata Master is always produced as at the date that you generate the report. The current date is the date that is most applicable to managing arrears and debt recovery. I...
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Add a Creditor in Strata Master This article will assist you to add a creditor in Strata Master, also known as a contractor or a supplier, for the purposes of payment invoices for works done or services provided. Locate the Creditor Cards 1. Navi...
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Budget is Not Showing in Report in Strata Master The Budget is set with a date 'from' and the budget shows all transactions for 12 months from that date. This article will assist when you are opening a Balance Sheet or Income & Expendi...