Go to Lot Inventory and update the following:

• Unit owner tagging

• Turnover-related fields

📌 Covered Period: As needed

Record and apply all payments for billed accounts, including:

• Current payments

• Arrears payments

• Excess payments

📌 Covered Period: First day to last day of the previous month

Generate the monthly invoices for association dues.

⚠️ Note: Creation of a new recurring schedule is not advised.

📌 Covered Period: 2nd day of the previous month to 1st day of the current month

Generate the monthly invoices for penalties or interest.

⚠️ Note: Creation of a new recurring schedule is not advised.

📌 Covered Period: 2nd day of the previous month to 1st day of the current month

Generate invoices for membership fees related to new turnovers.

📌 Covered Period: 2nd day of the previous month to 1st day of the current month

Generate credit memos for:

• Discounts

• Waived penalties

• Invoice reversals for balance deductions

📌 Covered Period: First day to last day of the previous month

Process account balance reconciliation to correct discrepancies.

Covered Periods:

• Credit Memo: First day to last day of the previous month

• Invoice: 2nd day of the previous month to 1st day of the current month

Once all steps have been completed, proceed with the generation of the monthly SOA.

📌 Deadline: On or before the 8th day of the month

Once all steps have been completed, proceed with the generation of the monthly SOA.

📌 Deadline: On or before the 8th day of the month

Ensure that all additional transactions have been posted or released after the initial SOA generation. Once completed, regenerate the SOA.

📌 Deadline: On or before the 8th day of the month