We Can Do The Payment Processing for you!
We offer payment processing as an additional service to our customers. This takes a lot of stress and time-consuming work off of your staff. With payment processing, your residents mail their utility payment directly to us, and we process the payments. We collect all of the payments and write a check to you for the total collected every month. It's that easy!
Resident's monthly bills will have additional line items, such as previous balance, payments received and late fees (if applicable). Residents can call our 800 number for up-to-date account balances, or visit our Web Site for Real-Time Balances.
Management is supplied with detailed accounting reports on a monthly basis that can be mailed, posted on our web site or both. Payment Processing Reports, Inactive Reports, and Accounts Receivable Status Reports are all supplied on a monthly basis.
• Payment Processing Management Report
Shows full breakdown of balances owed to the complex in current, 30, 60 and 90+ day breakdown. The report is processed monthly with the billing. An updated report is available at any time upon request during the month.
• Inactive and Overdue Report
Shows full breakdown of balances owed by tenants who have moved out. The report is processed monthly with the billing. The report is used by management to send the old outstanding balances to their collection agency.
• Accounts Receivable Status Report
Shows summary of the activity for the complex for the month and is processed at the end of every month. This report is used to balance books, show the month-end accounts receivable balance due and the disbursement of the monies collected.
