When a check/refund is received from a non-resident (vendor), please remember to leave the Payer field blank and enter the company’s name in the Non-Person Payer field instead. The majority of these checks will be for Oregon Credit System (OCSI) and Laundry income.
If you happen to receive a check from a vendor or utility company that is a reimbursement, please forward the check to your accountant for review. They will enter the Receipt in Yardi.
As always, if you have any questions or concerns please contact your accountant for further information.