How to Set Up Assessment Rules

Summary:  This article will describe how to properly set up an Association's Assessment billing and change the frequency.

Objective:

• Set up and/or edit the Assessment billing frequency for an Association

Instructions:

Hover your cursor over the Association drop down menu and select the Assessments screen.  To create a New Assessment for this Association, choose the +New Assessment button and input the details of it in the Edit Assessment pop up box. (For details: Please see How to Setup a New Charge or Assessment) To edit an existing Assessment, click on the drop down arrow next to the name of the Assessment you would like to change.

From here, click on the Rules button.

In the Edit Assessment Rules box, input (or change) the relevant dates and frequency. You must then specify which months and days the assessments should be posted (some associations choose to use non-standard quarterly dates) by clicking the New Dates button.  Click the Update button to complete the step.

If the rate applies to all owners in the association, leave 'tag' blank. If the rate is only applicable to a group of owners (ie a Single Family Rate vs Townhouse Rate) read our charge tag article for more details.

As a final step, click the Generations tab to post the charges.

Please visit the How to Setup Percentage of Ownership Assessment Billing article for information on billing owners based on a percentage or the Specified Value Import for information on charging homeowners based on a specified value.