Did you know that refunding Owners in uManage is just a few clicks away? Single or multiple owner refunds can be processed at once, making it easy to clear those small balances.
Refund an Owner
Step 1. Navigate to Accounting > A/P > Manage Owner Refund
Step 2. Use the Search filters to locate Accounts with credit balances.
Step 3. Check the box for all accounts you want to refund.
Step 4. Review or complete the fields below for all refunds you want to process.
Contact - This will be the Payee on the check and defaults to the name on the Account, edit if necessary.
Bank Account - Select the correct Bank from the drop down menu.
Trans Type - Select the correct Transaction Type from the dropdown menu.
NOTE- Trans Types will need to be set up prior to completing this process or the system will not allow for the refund to take place.
Check Date - This is the issue date that will appear on the check.
Memo - Enter a Description to appear on the Owner Account
Amount - Enter the Amount to be refunded. It will default to the full amount of an account Credit but can be edited.
Step 5. Select Process Refund from the Page Actions drop down menu.
When the Refund is finalized it will be visible on the Owner Account ledger.
Process a Check
When these steps have been completed, finalize the refund to the homeowner by generating a check using the Process Owner Check page. CLICK HERE for more information.