Th steps below show you how to add a new Management Company and how to change a Management Company on the Head Property.
This article includes:
New Management Company
- Click Management Companies on the side menu
- Click the New icon on the toolbar
- Company Name - Add the name of the block to which it relates
- Salutation - Type Sir or Madam
- Address - Add the address of the block
- Full Name - Type the full name of the company if it's different to the Company Name
- Status - Select Block
- The Bank Details tab is already displayed
- Bank Name - The name of the Landlords bank
- Payment Type - Not required as the Management Company is always set to Retain All
- Sort Code, Account No. Account Name - Add the Management Company bank details
- Portfolio Manager - Select from the dropdown menu, if required
- Statement Number - Indicates the next number and can be edited, if required
- Statement Content - Leave Standard ticked
- Sinking Fund - Tick if you want to view the sinking fund payments
- Click the Managed Properties tab
- After you have linked a Head Property to this Management Company, it will be displayed
- Click the Bank Accounts tab
- Click in the first blank line and select the bank account for this Management Company
- Click to Retain All
- Click the disk icon, Save this record, on the toolbar
Change Management Company
- Double click Properties from the side menu
- Click Search for Head Properties Only
- 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
- Click on the Property
- Click Change next to Management Co
- A message appears confirming if you are sure you want to change the Management Company. Click Yes to continue
- Select the new Management Company from the list
- Click OK