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Agency fees

Management agreement fees vs Ownership fees

Paris Hutton avatar
Written by Paris Hutton
Updated over 2 years ago

Agency fees are created for any fees that need to be automatically deducted for Management or Ownership fees.

It is best to ensure this is set up prior to adding in your Management and Ownerships so that these are applied from your very first agreement.

You can follow the below steps to set up all your necessary Agency Fees.

How to set up Agency Fees

  1. Clicking on Settings in the left-hand menu

  2. Select Agency Fees from the pop-out menu

  3. Click on the Create fee template

  4. Add in the below details for your fee

    • Select if this a Management or Ownership Fee

    • Enter in a Fee Template Name

    • Select when this fee is applied

    • Which Agency Account this will be going to

    • Select the Ownership account for this fee

    • Select if this is an amount or percentage

    • Enter in your amount or percentage

    • Select your Tax Type

  5. Click on Create agency fee template

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