Turnover in business refers to the profit a company has from its regular business activity. Turnover in high-rise residential management, on the other hand, refers to the amount of monetary gain collected from the residents to invest in the maintenance of the entire residence.
Keeping the financial health on the line is a head-scratcher for most Joint Management Body (JMB), this becomes especially notable when a residency comprises a merrier amount of population.
A property management team that handles processes for invoicing utility bills, taxes payment and inventory purchases are often dealing with these paper works under pressure. Let alone the distress to work out the equation for management-residents communication. For that very reason, most have been seeking out for a simplified and more effective property management accounting tool that eases and benefits the community sustainably.
Keeping the financial health on the line is a head-scratcher for most Joint Management Body (JMB), this becomes especially notable when a residency comprises a merrier amount of population.
A property management team that handles processes for invoicing utility bills, taxes payment and inventory purchases are often dealing with these paper works under pressure. Let alone the distress to work out the equation for management-residents communication. For that very reason, most have been seeking out for a simplified and more effective property management accounting tool that eases and benefits the community sustainably.
