STEP 1. Connect Owners to Properties

The first step is to complete the process of connecting each Owner to the Property they own.

You can do this as per the following steps:

1. Select Setup > Room Type/Area from the side menu
2. Click the 'Edit Pencil Icon' on the Room Type/Area to open it
   
   
   
   
3. Click on the Area tab
4. Double click on the Area on the next line to open it
   
   

IMPORTANT: If an Owner has not been created for one of your Properties, you will need to do this first before proceeding with the below steps. To create a new Owner click here. 

1. On the 'Edit Area' page, select the Owner Accounting tab
2. Ensure Print Statements is ticked (if not ticked, Owners will not receive their EOM Statements)
3. Click the Add button 

• After clicking Add, an Owner - Change of Ownership pop-up will appear
• Click Ok

1. On the 'New Contract for Area' page, under the Contract tab, select the Owner in the Primary Owner section. The Banking field should pre-fill automatically once the Owner is selected. If the Banking field does not pre-fill automatically you must click on the arrow and select the banking details manually.
   
   NOTE: You can have up to 5 x different Owners share in one management. To find out how to a create shared ownership click here.
   
2. Ensure the From Date of the contract is set to the 1st date of the month. Any bookings that depart before this date will not be included in the owner's first disbursement
3. The To Date will automatically set for 100 years in advance
4. Click Save/Exit on the 'New Contract for Area' page
   
   
   
   
5. Click Save/Exit on the 'Edit Area' page
6. Click Save/Exit on the 'Edit Room Type' page
7. Repeat the same process until all Owners are connected to their Property.

Please ensure you have logged out and logged back into RMS before creating EOM Expenses.