Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

**Click here for a pre recorded training session for additional help and guidance -  Recharging your Tenants using Sigma which includes how to produce bills for tenants, how to manage a change of tenancy and understand the Items used for Tenant Billing

Tenant Billing Capability Overview

Summary

  • Ability to create and manage tenants and assign multiple billing accounts per tenant
  • Multi commodity billing (electricity, gas, water and generic )
  • Change of tenancy processing when tenants move out / in
  • Bundle tenants together into ‘billing groups’ to simplify bill processing
  • Flexible billing frequencies – including monthly, quarterly , and annually.

Tenant Tariff & Charge Management

  • Flexibility when defining what charges should appear on tenant bills and how they are calculated – using data from different sources:
    • Common or bespoke tariffs – i.e. a defined unit rate
    • Charges based on unit rate/consumption data on incoming supplier bills
    • Charges based on metered consumption
    • Charges based on custom data (e.g. associated data)
  • VAT rate – standard or reduced
  • Flexible apportionment and formulae to enable complex charging methods (derive the data through calculations, apportion into time periods).
  • Manipulate the source data to achieve what you need (e.g. consumption based on floor area).

...

PDF Bill Documents

  • The ability to produce multi commodity Bills for different commodities.

Accounting System Integration

...