Financial Details Tab

This tab allows you to record the bank account details for any payments made for this property. Rather than entering the bank details again that you may have entered into the Landlord form you are able to click the Copy from Landlord button to copy the information over. 

PLEASE NOTE - that you would not populate the bank details on this tab if the property is owed by more than one landlord who have different bank accounts. In that instance, the bank account details on the landlord form would be carried forward to the Show Payments to Make report.

You can also set up an Amount to Retain for the property. Expert Agent will hold the amount entered into this field back from any payment made to the Landlord on account for you. If you want to increase or decrease this amount, you can do this by changing the amount in this field OR by editing it when making your Paying Landlords. Any amount retained can be used to pay an invoice if required.