Invoice which includes agents fees and utility contributions to give net receivable amount

To raise an invoice/rent with a separate line for the management fee deductable, also any utility recharges i.e a regular/monthly water contribution and these to go to the correct lines in the accounts? This would then make a net amount, which we receive from the agent, easier to reconcile and report on. Currently the rent is one invoice, water contribution another.

As things are, this means the agent fee is only recorded when the payment is received? When doing the accounts, if the tenant has not been paying, we would not be accounting for the agents fees, only the rent. If we had to accrue for it, it would be very fiddly as you would need to know had paid and who hadn’t at that date.