Does the owner pay the property fee in advance for one year, invoice monthly or invoice at one time?

Whether to invoice monthly or once a year depends on the agreement reached or the property management method of the community.

General accounting treatment

1. 1 property fees are collected in advance, and then transferred to income by stages.

2.2 Before the owner owes money, the receivables and income should be recognized in the current period of the arrears, and the receivables will be reduced when received later. If the receivables and income are not recognized in the previous period, the income can also be recognized when it is received.