OneVoice Newsletter_April_2023
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ACCOUNTING<br />
HOT TIP OF THE MONTH!<br />
Improving your accounting<br />
Make sure you complete your TC billing each<br />
month.<br />
TC is short for Tenant Chargebacks.<br />
Anytime a property manager needs to code<br />
a legal invoice related to sending a<br />
homeowner to collections or a maintenance<br />
repair that is the full responsibility of the<br />
homeowner, there are specific GL codes<br />
that that should be used to expense these.<br />
Once an invoice is coded to one of these<br />
GL's and approved through AvidXchange,<br />
that following Monday you should receive an<br />
e-mail from the TC Billing database that a<br />
new invoice is in your queue to charge back<br />
to a specific unit.<br />
If you recently took over a property or if you have<br />
not been in the TC Billing Database in a while, it<br />
would be beneficial to go in to check each of your<br />
properties queues to make sure an item is not still<br />
outstanding.<br />
If your TC billing queue is empty but your Balance<br />
Sheet is still showing a balance in #1360 or<br />
#127500 - Please reach out to your assigned<br />
property accountant (PA) for assistance.<br />
if your TC Billing queue is empty but on your<br />
Income Statement #8520 and #8520-5 or<br />
#675150 and #607501 YTD Actual does not<br />
cancel each other out - please reach out to your<br />
assigned property accountant (PA) for assistance.<br />
EGV EGV Codes Wacker Wacker Codes<br />
Legal Collection Invoices #8520 Legal Collection Invoices #675150<br />
Maintenance Chargeback<br />
Invoices<br />
#1360<br />
Maintenance Chargeback<br />
Invoices<br />
#127500<br />
fsresidential.com/illinois<br />
6<br />
Making a difference. Every day.
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