Trust Accounting or Condo Management may impose recurring charges on owner's rooms or units. These charges vary per property and in some case, by room. All types of charges can be set up. Recurring charges are booked on owner accounts using the IDPMS financial article setup and based on the configured interval in the recurring charges plan setup. The recurring charges plan is linked to the room/unit number.
Setup of recurring charges can be done from the Trust Accounting menu in IDPMS as follows;
Once selected, the recurring charges plan window opens.
To add a new plan, select the add new icon
Code - Enter a code for the charge plan. (limited to 8 characters)
Description - Enter a description
Save using the green checkmark.
To add the charges to the recurring charge plan, highlight the plan and then select the breakdown icon
Select the add icon
Charge order - Enter the line number for charges to occur on billing (if more than 1 line in charge plan) If it's a single line plan, enter 1.
Description - Enter a description for the charge
Amount- Enter an amount for the charge
Article - Enter the appropriate article for the charge. See Articles for more information on financial articles.
Interval- Enter the charge interval (linked to interval type below)
Interval Type - select from DAY, WEEK or MONTH
A charge plan can have multiple lines if necessary
Recurring charges plan are linked to the room/unit number using the Room Management Settings. See Room Management for more information.
Adding a recurring charge plan to room 0111 - see below
Recurring charges will be booked as part of the night audit autorun if the option is checked in Settings->Options->Trust Accounting.