Settings
This setting prevents a check from being created for a payee
Hold Payments
A property's cash balance decreases when this happens
A Check/Payment is created
When a client wants to add an approver they must have what two things?
Name and cell phone number
What is a bill?
Property Expenses that are owed to an outside party(typically)
Any 4 of the 8 required fields when entering a bill
Payee, total amount, bill date, due date, cash account, property, GL account, Amount
This setting allows the system to create one check for many bills
Check Consolidation
This has to happen when a PM pays a bill on the incorrect property
What is void the payment[and then edit the Bill]
A client submitted an eCheck payment at 2 PM PT and is reaching out to you at 8 PM PT the next day, what can be done?
Nothing
This type of payment is printed and mailed to a payee by AppFolio
What is a Bill Pay check
The 4 forms of payments AppFolio can create
Checks, Other Payments, eChecks, Bill Pay
A client wants the MICR to show on a check, where do they do to change this?
Set Up Checks on the Bank Account page.
A client wants to pay many bills at once, what function do they use?
Pay Bills
When reversing a Bill the Reversal Date should be changed to what?
Unchanged! Do not change the date
General Ledger
The cost of AppFolio Bill Pay and eChecks
What is $1.00
The bank account used on a check is set by this
The property's cash-bank account setup
"If Available Funds" ensure that this does not occur
What is a client overdrawing their bank account
The type of transaction to record when you paid someone outside of AppFolio
What is an Other Payment
Bill approvals can be based on dollar amount, roles, and what else?
GL Account