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Understanding Double Entry Accounting Strata Master is a double entry accounting platform. Therefore it creates Balance Sheets and Income & Expenditure reports and other financial reports. This article will assist the recall of those with some pr...
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Add an Account to Chart of Accounts in Strata Master The Chart of Accounts in your data commences with a standard set of accounts which includes accounts which are - hard wired to
receive or send information to other accounts hard wired to
sen...
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Strata Master Top Tip #119 - Building Managers as a Contact Allow your building manager to have access to your online portal, include them in bulk emails and SMS, and set them as a default contact person. Check out how to create contacts for your b...
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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...
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Changing the ownership of a lot often involves multiple steps, any of which can get lost along the way – unless you’re using the Change of Ownership Wizard of course! ...
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Recording Loan Repayments in Strata Master A Strata Plan or other type of Strata Corporation may take out a loan from a financial institution and need to make repayments. If you have a loan and need to process a repayment deducted from your trust a...
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Change An Account Code This article will assist you to determine whether an account code change is possible, or has any adverse repercussions if you do make the change. Important Note - Any changes or additions to the Chart of Accounts affects ...
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Re-Send a Remittance Advice to a Creditor in Strata Master A Remittance sent to a Creditor with a Creditor Run may not have been sent due to printer or email issues, or an incorrect email address on record. Re-Sending Options - 1. Re- send throug...
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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...
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Cancel a Lot Owner Receipt This article will assist you to cancel a receipt to a Lot Owner's ledger. Important notes about Receipt Cancellations, especially starred ** notes - When a receipt is cancelled, it is cancelled at the current date. A...