This option identifies properties that should have Levies paid as an expense for the selected month, and do not.
It is mainly useful for rental properties that are sectional title units, and therefore need to pay a levy to the body corporate, usually our of the rental collected.
The rules for reporting the exception are as follows:
1. The property needs to be flagged to indicate that it should be paying a levy - this is done by setting the 'Levy Paid Y/N' control flag on the Property Setup Screen to 'Y'.
2. The system will add the movement on general ledger codes 6169 (Levies Paid) and 6386 (Transferred fees) for the selected month and report all amounts of less that R100 for flagged properties.
The exception list is based on your selection of properties, and the month that you choose. The following is an example on the initial selection screen:
