The system comes with a set of pre-configured commonly-used property charges:
- Letting (this is for arranging a tenancy, and must have an associated tenancy selection)
- Sourcing (for finding a suitable property to purchase and manage)
- Management (for property management - also see automatic management fees)
- Maintenance (for property maintenance - also see automatic maintenance fees)
To add your own categories or types of property charges, go to Accounting Settings > Modules > Lettings > Rent & Config > Property Charges.
Click Add Charge to add your own charge type. When adding a charge type, set the type (fee or expense) and give it a label which will be shown in menus. The new charge types will be added to the charge type menus when adding a property charge.
For example, you may wish to add a new type of fee for Service Charges.
The system charge types cannot be modified or deleted, but your own user-defined charges can be, provided that no charges of this type have been created. Once charges of this type exist the charge category cannot be removed.