Payment is used to pay for the owner's statements. If you're new to this feature, you may be wondering where to start and what the differences are between payments. In this article, we'll break down everything you need to know about payments in the Owner's Module.

At this moment, our system will not transfer any amounts to your owner, this functionality could be used only for information and reposting purposes.

This article will guide you through the process of activating the payment feature and pay for your statements. This feature allows you to easily pay finalized statements for your account. To get started, follow the steps below:

Navigate to the Owner's Module tab. This is where you can access all the features related to your account as an owner.

Next, click on the "Update" button to access your owner details. Here, you can make changes to your personal information and preferences.

In the owner details section, you will find an option to choose your payment start month and currency*. This is where you can set the date and currency for your payments.

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*Advice—use different currency only if your statements are with different currency. If your statements for this owner are in one and the same currency, there is no need to set the currency!

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Note: save the changes made to activate the feature.

​You can set initial balance, that could negative and positive—depending on if you need to pay or suspend payments from your owner.

There are 3 main types of payments in the Owner's Module: Pay by owner, pay by property and pay by statement. Let's have a closer look at each one.
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In this method, all payments will be transferred to all properties connected to the owner, starting with the earliest statement. This is a convenient option for owners who own multiple properties and want to make one payment for all of them at once.
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In this method, payments will be made to a specific property only, starting with the earliest statement under that property. This is a good option for owners who want to make individual payments for each of their properties.
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In this method, you can directly pay a specific statement and skip earlier statements. This is useful for owners who may have missed a payment or want to make a payment for a specific statement only.
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All payments are recorded in the Owner's module's Payment tab. You can also delete payments, but the information will still be retained in the payment and will be tagged as deleted. This allows for accurate record-keeping and tracking of payments made by owners.
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​You can explore every payment, if with one payment you pay multiple properties, or statements in the payment timeline possibility:

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And easily track paid statements, and amount due:

We hope this article has helped you understand the different types of payments in the Owner's Module. If you have any further questions or need assistance with payments, please don't hesitate to reach out to our support team for help.
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