The steps below show you how to set up the charging of a management commission to your Landlord, which shows on their Landlord Payment statement.
- Double click Properties from the side menu
- Search for the relevant Property using Search Text by Name, Code or Status
- Alternatively, find the Property using Additional Options from the dropdown menu
- Or select a Branch if multi branch is set up on your CFPwinMan
- The Property Information will display
- Click the Fees tab
- The Man / Let Fees tab will display
- In Management Fees, % of rent - Enter the percentage you have agreed with your Landlord
- Tax Category - This defaults to Legal, management and other professional fees
- Fee Type on Fee - Select from the dropdown if required
- Click the disk icon, Save this record, on the toolbar
If you have agreed on a fee structure over a period of time, you can create a fee schedule.
For more information on How do I set up a fee schedule for lettings and management fees, click here