Occasionally, instead of making distributions to owners, the property manager receives funds from the owners, for example, to make major repairs.

To record a cash call, you create an owner receipt. Owner receipts are different from tenant receipts. The system creates two transactions at the same time -- a receipt and a charge -- whereas for a tenant receipt the system matches the receipt with an existing charge. This is similar to customer receipts.

The typical charge code used for owner receipts is Owner Contribution.

Go to Accounting > Accounts Receivable > Receipts.

Click Add New.

In the New Receipt screen, click the Owner button.

The screen changes, adding a field where you can select an owner.

Select an owner, and complete the rest of the screen.

When you receive money from an owner, the system automatically creates a charge for it. In the example shown above, we selected the charge code for owner contributions.

Click Save.

You can view the transactions on the Owner Ledger.

There are two lines: one for the charge, and one for the receipt.

If the contribution covers multiple properties, you can add additional lines for them on the Receipt screen, and the system will create one charge for each property.