What is the difference between Income Tracker and Utility Tracker?

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• What is Income Tracker ?

  Income Tracker is a specialised module within the ADDA platform designed to streamline and manage both member(Resident) and non-member(Other Than Resident) incomes for residential communities and homeowners associations.

• What is the difference between Member and Non Member Income?

  Member Income: This refers to revenue generated from the members of the apartment community or residential association. Members are typically the residents or homeowners who are part of the community. Member income sources may include monthly ...

• How to update Footer - Utility Income & Non-Member Income?

  You can update the Footer - Utility Income & Non-Member Income invoices by following the steps below: Step 1: Income Tracker >> Setup >> Customize bill. Step 2: Footer - Utility Income/ Non-Member Income >> Update the footer as per your requirement ...

• Owner has the Advance amount in the Income tracker and due in Utility tracker, he has requested to transfer the amount from Income Tracker to Utility Tracker. How to handle this on ADDA??

  In Such scenarios, you have to issue invoice to the unit where Advance is present and Credit note to the unit where due is present. Follow the steps below : Step 1 - Go to Admin Dashboard>>Utility Tracker>>Member Income>>Sub Ledger Step 2 - Click on ...

• How to setup billing formula for utility billing?

  Please follow the steps below to setup the billing formula for utility billing : Step 1: Login to ADDA —>> Admin —>> Utility Tracker —>>Setup Step 2: Select "Add Meter Rule." —>> Choose the Income Head from the dropdown menu —>> If applicable, ...