We’re excited to announce major improvements to the owner draw process! You can now designate ownership percentages for properties with multiple rental owners, enabling you to become more efficient...
Buildium users enter nearly 4 million bills every year. We decided it’s time to make it easier! Now with the ability to upload multiple invoices at once, you can get bills into the system faster an...
Whether you want to copy and paste data from other accounts payable system exports or you just like filling in excel sheets instead of doing data entry into our app, our bill import helps you bring...
This feature is currently in Beta testing and must be enabled in your account. To enable this feature, navigate to
Settings >> Application Settings >> Beta features
Switch the toggle on in the Be...
We've made it easier for you to request, record, and track approvals on invoices — all from within Buildium. In this article, you’ll learn how to:
Set up approval limits and Resident Center appro...
Bill approval settings allow you to set rules around which bills in your account require approval before they can be paid. There are two levels of policies to think about: Global and Per Property...
If you've received a trust accounting warning, that means that a property or association you're paying an expense for does not have enough money available to cover the transaction.
There are two re...
In Buildium, a check represents any withdrawal from a bank account made to a vendor, owner, or tenant. Checks are usually written to pay for expenses and rental owner draws.
Buildium does provide ...
You can edit certain areas of checks that have been recorded in Buildium.
If the check has been reconciled, only certain fields will be editable. If you need to edit a reconciled check's amount or ...
If you mistakenly enter a check for an expense or owner draw and need to remove it, there are two ways you can do so.
Void a check
Delete a check
1. Void a check
Voiding a check will zero out the...
If you have a payment that is automatically withdrawn from a bank account on a recurring basis, you can create a recurring check in Buildium to represent that payment.
For example:
Since I know my...
Buildium can print checks for you in your office with both blank and preprinted check stock. You can also use our Remote Check Printing service and we'll print and mail the checks for you, saving y...
Once you have enabled check printing for a bank account, you are able to print checks directly from Buildium.
Click here to check out a video tutorial on check printing in our accounting cycle cour...
Remote check printing is a service that lets Buildium print and mail checks for you. You'll never need to deal with check stock, printer toner, stamps, or paper cuts again!
Remote check printing ca...
Buildium can print checks for you in your office with both blank and preprinted check stock. You can also use our Remote Check Printing service and we'll print and mail the checks for you, saving y...
In Buildium, bills are a way to represent that an expense is owed to a vendor.
Synonyms include accounts payable or invoice.
For example:
After fixing our leaking septic tank, Johnny's Profession...
A bill is a short-term liability that represents money owed to a vendor for services performed at the property. Bills are a common way to record an expense.
Synonyms include accounts payable or inv...
A vendor credit is a financial transaction that reduces the amount of money owed to a vendor for a future bill.
For example:
When I paid for new a new staircase, I was initially charged $400; sin...
A recurring bill is a bill that is expected to be received daily, monthly, yearly, or some other regular interval.
For example:
My landscaper comes by every two weeks with an invoice, so I set up ...
Bills entered into Buildium are edited in different ways depending on if the bill has been paid or not.
To edit an unpaid bill:
Navigate to Accounting > Bills.
On the bills page, a list of all u...
Bills entered into Buildium are deleted in different ways depending on if the bill has been paid or not.
Delete an unpaid bill
Navigate to Accounting > Bills
On the bills page, a list of all unpai...
If you provide management services to property owners, the fees you collect are fuel for growing your business.
If you haven't set your management fee policies yet, you'll need to do so before reco...
In Buildium, a paycheck or disbursement of funds to a rental owner is called an owner draw. An owner draw is an equity transaction.
An owner draw is often one of the last steps in the accounting cy...
