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PM Balance carryover on statements

Status: Requested 2 Votes
CWV
Mar 6, 2020 6:53 PM
Joined Nov, 2019 40 posts

It would be helpful to be able to carry a balance from one statement to the next. We usually pay repair bills for our owners and just post the expense to their account. There may not income the month of the bill resulting in a negative balance. The following month's statement should show this continuing negative balance. Similarly, if for some reason a statement payout was not made and the closed with a balance owed to owner - this amount should show on following month's statement. This would make our bookkeeping so much easier and fail-proof! Hope OR considers this request!

Sarah H
Mar 8, 2020 2:41 PM
Joined Jul, 2019 106 posts

Have the same just this month with a few costs passed on to the owners.

Paul W
Mar 11, 2020 4:35 PM
OR Team Member Joined Jun, 2009 710 posts

You can sorta kinda do this already with Owner Payouts. After you create a negative statement, just leave it as unpaid until the next month. Then after you create the next statement, do an Owner Payout for both of the statements combined. When you include the negative statement, it will lower the payout total. This is why payouts were created - to allow you to pay something differently to the owner than a statement and account for negative statements.

CWV
Mar 11, 2020 5:31 PM
Joined Nov, 2019 40 posts

Yes, but I have two worksheet going when doing statements to cross reference the reserves and prior months open balance. I would be much easier to see the prior month's balance on the current statement.