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How to Add Reserve Funds to a Property

Adding reserve funds to a property allows you to track money set aside for future maintenance, repairs, or other property-related expenses.

Karyn Millar avatar
Written by Karyn Millar
Updated over 3 weeks ago

Adding reserve funds to a property allows you to track money set aside for future maintenance, repairs, or other property-related expenses. Follow these steps to add reserve funds:

  1. Go to the Owner’s Profile
    Navigate to the profile of the owner who holds the property.

  2. Select the Property (Asset)
    In the owner’s profile, locate the property (asset) you want to update.

  3. Open the Update Menu
    Click the three-dot menu on the property and select Update Asset.

  4. Add Reserve Funds
    In the update asset window, enter the reserve amount you want to set aside for this property.

  5. Save Your Changes
    Once you’ve added the reserve funds, save your changes to ensure the amount is recorded correctly.

The reserve funds will now be associated with the property, helping you track and manage future expenses efficiently.

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