The ratio utility billing system is a method of allocating utility costs among the residents of a property. The allocation is usually based on the size of the unit or occupancy.
A common acronym for this is RUBS.
To manage RUBS charges for tenants:
- Add a common allocation for each utility. see "Common expense allocations"
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Each month, when the utility bill is received, record the expense and pay it as part of your usual process. see "Checks" or see "Bills"
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Add a charge on each lease ledger. see "Add a"bulk" charge"
If your RUBS charges are the same amount each month, add a recurring charge. see "Tenant recurring charges"
- If you collect for utilities later in the month and separately from rent, send statements. see "Mailings"
To manage RUBS charges for association owners:
- Add a common allocation for each utility. see "Common interest allocations"
- Each month, when the utility bill is received, record the expense and pay it as part of your usual process. see "Checks" or see "Bills"
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Add a charge on each lease ledger. see "Add a"bulk" charge"
If your RUBS charges are the same amount each month, add a recurring charge. see "Association owner recurring charges"
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If you collect for utilities later in the month and separately from association fees, send statements. see "Mailings"
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