Pre-authorized Payments
Pre-authorized payments from co-owners
Section titled “Pre-authorized payments from co-owners”Co-owners authorize you to each month withdraw from their account the amounts of their condo fees.
Pre-authorized payments by Otonom Solution
Section titled “Pre-authorized payments by Otonom Solution”For each unit, you must:
- Enter their banking information,
- Activate the automatic withdrawal option,
- Set the withdrawal day.
Then each Otonom payment will be created automatically.
Sending payments to Otonom is configured in the Administration / Payments section.
- If you enable the Automatically send unit payments to Otonom option, unit payments will be automatically sent to Otonom when they are created.
- If you do not enable the Automatically send unit payments to Otonom option, unit payments will only be sent when you click Send to Otonom.
Pre-authorized payments on your bank’s website
Section titled “Pre-authorized payments on your bank’s website”You can record these transactions in the Units section by clicking on + Transaction and choosing the Pre-authorized payment option.
Pre-authorized payments to suppliers
Section titled “Pre-authorized payments to suppliers”You pay suppliers by pre-authorized payments each month.
In the Suppliers / Info / Recurring Invoices section, it is possible to record a monthly payment to a supplier.