Vendor Setup Package – Supervisor Approval Required *New Vendors need to be approved before we contract them to provide services.
Vendor Packet: Accessibility to Site Managers Read Post »
Going forward we will be asking that these be entered into your weekly payable batch. You will enter the invoice as follows: Also please remember that the following documents are required for a referral: Please contact you Accountant if you have any questions.
Weekly Payable Batch Read Post »
Here are a few friendly reminders to keep in mind during this pandemic / moratoria: No Late Fees Absolutely no late fees should be charged until further notice NSF Fees If a resident’s check is returned, you can charge an NSF fee to the resident’s ledger in Yardi Do not make any attempt to collect
Collection / Fee Reminders Read Post »
Hello Managers, Please see this step by step instructional document that details how to process credit or debit cards for an application fee. If you have any questions about this process, please reach out to us at yardisupport@cresapts.com. Thank you! Credit/Debit Card Instructions for Application Fees
Credit/Debit Card Instructions for Application Fees Read Post »
Hello Managers, Here are some helpful accounting reminders: Updating Forwarding Addresses – When a resident who is moving gives you their forwarding address, please update it in Yardi as well as writing it on the move out inspection worksheet. Move Outs – Please print 3 copies of the statement and sign all copies. Include
Accounting Reminders Read Post »
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
Reminder: Receiving Non-Resident Checks Read Post »
Here are some tips from our Accounting Department on cleaning up aged receivables. Please use this document as a helpful reference. If you have questions, please contact our Accounting Department.
Cleaning up Aged Receivables Read Post »
Please be aware, that occasionally when working on a move in or out, you may have discrepancies between the Tenant Technologies and Yardi pro-rate calculations. Below are some general rules to follow regarding the pro-rates: If pro-rate rent amounts don’t match between Tenant Tech and Yardi, please go with the Yardi amount. If the amounts
Pro-Rated Rent Calculation Read Post »
Here are some helpful tips to help you throughout your daily and end of month processes in Yardi. You can always reach out to yardisupport@cresapts.com or your accountant if you have other accounting questions! Tips on Move ins: Always charge Security Deposits and Application Fees before entering payments: One of the most common mistakes
Yardi Accounting Tips and Tricks Read Post »
The Weekly and Monthly Powersite Transfers are a key part to running the property smoothly and effectively. Please review these tips from the accounting team to ensure your powersite is processed correctly. 1. Transferring Powersite on time allows accounting to stay on schedule and gets your mortgage, utilities, payroll and vendors paid on time.
9 Most Common Powersite Transfer Opportunities Read Post »
Ensuring Vendors Get Paid on Time & Continue Servicing Your Property ……….
6 Most Common BCL Transfer Opportunities Read Post »
What are Powersite Transfers? The email you send to the Cambridge AMSI account (amsi@cambridgeres.com) which indicates how much rent you have collected and deposited at the bank When Should they be Processed? Powersite transfers are due every Tuesday by the end of the day and are very important for your accountant to determine which invoices
The Importance and Process of Powersite Transfers Read Post »
On Tuesday, December 17th all sites are scheduled to complete their Powersite Month End Close in AMSI. With just under 2 weeks to go, we recognize that this task holds particular importance for each of your properties as it is the Year End Powersite Close. This process represents our final opportunity to make our mark
Powersite Year End Close Read Post »
Our favorite day is again upon us and we would like to take just a minute to provide you with this helpful reminder for making the most from your Month End Powersite transfer. It is essential that we have the most complete, and up to date information before we run the transfer program so please
Month End Powersite Tips Read Post »
Move-outs will result in either 1) the resident owing the property a balance or 2) the resident will be due a refund of their deposit. (RD subsidy is the only exception to this). 1. If a resident OWES a balance, the Resident copy of the SODA is mailed directly from the site office to the
Move-Out Packet Distribution Read Post »
