If you are a multifamily third party property manager and use RealPage's OneSite Accounting you are going to like the Bill Back feature.

The Bill Back feature allows you to to create an Accounts Receivable invoice and the system will automatically create the Accounts Payable bills for the properties. So, if you are paying for items such as landscaping fees, telephone, delivery charges, etc. you can create an Accounts Receivable entry for the Owner and an Accounts Payable entry will be created for the individual properties. This is particularly helpful when dealing with payroll expenses.

This is a really nice feature that is not available in some other well knows packages. Most other accounting applications that can do this do so by use of their job cost module.In this case, the feature is part of the Accounts Receivable module.

Don Wood is a PMP with over 25 years of experience in project management, business process improvement, and information technology for the real estate industry. Please visit www.dbrw.com for more information.