Generating Billing
Generating Billing
Once an assessment fee has been created for an association, the fee can be generated on the Generate Billing screen in order to post the charge(s) to the property.
Select Homeowners > Generate Billing. If you are using universal navigation, click Accounting > Billing & Statements > Generate Billing.
Enter the following information:
Association: Select the association (billing may be generated for all associations at the same time, or one community at a time).
NOTE: CINC recommends billing one association if all associations do not have the same fiscal period setups.
Billing Year: Select the correct fiscal year from the dropdown.
Generate As of: Enter the billing start date for the assessment.
Use Association Fee Description: Toggle on to display the Assessment Description instead of the Assessment Title on the homeowners’ ledgers.
Select the checkbox next to each assessment for which to generate billing, then click Generate.
Select Homeowners > Batch Posting. If you are using universal navigation, click Accounting > Daily > Batch Posting.
Run the Batch Audit Report to verify that the billing amounts are correct. If corrections are needed for the fee setup, section, or ratio assignments, check the appropriate batch date, then click Delete. Make any necessary changes and repeat steps 2 – 3.
Once the billing is correct, select the checkbox next to the batch to be posted and click Post.
NOTE: Once the batch for billing has been posted, it can still be deleted as long as payments or adjustments have not been applied.