The Reserve Fund Ledger is a set of ledger accounts only applicable to the reserve fund income and expenses of a specific community. Add / edit / delete ledger accounts to suit the needs of the specific community.

1. Reserve Fund Ledger

Navigation: Community Level > Finances > Financial > Reserve Fund Ledger

Complete the following fields:

• Main account: choose between income or Expense
• Account number: the account number will auto-create
• Account name: relevant to the maintenance plan

Select an account and name the account. In this example, an Income account called, Reserve Fund Levy, will be created. Once the account is selected and named, click on Add Account.

Ensure that the relevant ledgers are selected as budgetable items.

Should there be any amendments to the Reserve general ledger and/or the ledger account must be removed, click on the pencil or trash icon.