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Melissa Newton Training Specialist 877-359-5492 Ext. 1233 mnewton@tenmast.com. Take the time to understand tar Part 1. Tenmast User Conference April 18-21, 2012.
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Melissa Newton Training Specialist 877-359-5492 Ext. 1233 mnewton@tenmast.com Take the time tounderstand tarPart 1 Tenmast User Conference April 18-21, 2012
WinTen² Tenant Accounts Receivable is a fully integrated system that allows public housing authorities to manage all of their receivables – both from tenants and from non-tenants – including rent and utility payments, late fees, maintenance charges, and security and pet deposits.
The program supports the creation of recurring and non-recurring transactions (charges, credits, transfers, and refunds); the printing of bills, statements, and receipts; the acceptance of payments; and the depositing of funds.
Tenant Accounts Receivable also supports housing-specific functions, such as maintaining unit, tenant, and lease information and tracking PHAS events. The program provides full support for agency-definable developmental fund accounting and management.
What will we cover today? • Customers vs. Tenants • Types of accounts • Tracking balances • Taking payments
Tenant vs. Customer • Tenant – any person that has a lease with the Housing Authority • Customer – any person or entity that does or could owe the Housing Authority money
Types of accounts • AR – requires customers to pay off outstanding balances at the end of each month; examples include rent, work orders, etc. • Escrow – money added to this type of account is a liability to the agency and an asset to the tenant or customer and can accrue interest on the balance; examples include Security Deposits, Pet Deposits, FSS Escrow
Types of accounts • Revolving – customers keep an overall account balance and owes a monthly receivable to the account; examples include repayment, retro rent and promissory note • Mortgage – similar to an escrow except it has a positive balance. This type of account is not very common
You can take a payment using the Wizard Hat from several screens
Reports in TAR There are over 55 reports available from the Reports Menu