Updated Articles

  1. How to Close a Building – General Trust Account Configuration in STRATA Master

    How to Close a Building – General Trust Account Configuration in STRATA Master Overview When a management ends, there are a number of items to complete to update the database and provide information to the new agent. Checklist 1. Management Fe...
  2. How to Close a Building – Individual Bank Account Configuration in STRATA Master

    How to Close a Building – Individual Bank Account Configuration in STRATA Master Checklist 1. Management Fees Ensure any final management fees/disbursements owing to the agency have been paid.  If the plan is being closed/management ended durin...
  3. Error Code 1721 when upgrading or installing STRATA Master

    Error Code 1721 When Upgrading or Installing STRATA Master Overview Windows error code 1721 when installing the STRATA Master upgrade is due to the User Account Control (UAC) settings on your machine preventing the upgrade program from running. ...
  4. Fixing Expense Figure at Top of Budget Report in Strata Master

    Fixing Expense Figure at Top of Budget Report in Strata Master Summary When the Budget Report is corrupted, it will display expenses at the top, then revenue, then the balance of expenses. Learn how to fix the report so it displays correctly.  ...
  5. Allocating Unidentified Funds in a Single Trust in Strata Master

    Allocating Unidentified Funds in a Single Trust in Strata Master Summary If you have a Single Trust covering all of your Strata Plans, your records and processing of unidentified funds will differ to that where Strata Plans (referred t...
  6. Correct a BAS difference of equal amount in Admin and Capital Works in Strata Master

    Correct a BAS Difference of Equal Amount in Admin and Capital Works in Strata Master Summary Learn how to correct a BAS difference where the Admin and Capital works differences are the same amount, but one figure is a positive, without...
  7. Locating Details of an Unpresented Deposit in Strata Master

    Locating Details of an Unpresented Deposit in Strata Master Summary Learn steps to identify details of an unpresented receipt in the Manual Bank Reconciliation Screen, showing as an outstanding deposit. Overview An unpresented deposit may sho...
  8. Understanding Calculations of the Mandatory Audit Report in Strata Master

    Understanding Calculations of the Mandatory Audit Report in Strata Master Summary Learn about the Mandatory Audit Report is included in presentation of Annual General Meeting Reports for NSW and ACT. Covered in this article: Overview ...
  9. About the Mandatory Audit Report in Strata Master

    About the Mandatory Audit Report in Strata Master Summary Learn about New South Wales Legislation Compliance, the criteria for determining Owners Corporations affected by the Legislation and how to generate a report, for those Owners Corporation...
  10. Auto Reversing Journals in Strata Master

    Auto Reversing Journals in Strata Master These journal entries are used to reflect Balance Day or End of Financial Year Adjustments. Can these journals be used for purposes other than end of financial year adjustments ? Similar journals can be...