Ratio Utility Billing System Spreadsheet

Once the proper notification time has elapsed and or as new residents move in individual utility bills are created on a monthly basis.

Ratio utility billing system spreadsheet.

Unit square footage occupancy occupancy factor or number of bath rooms. We send a letter of introduction to your tenants explaining how the new ratio utility billing program works. Ratio utility billing is where the property will take the overall bill and divide that bill based on the attributes of your property or rental unit. A ratio utility billing system is a method of calculating the utility consumption of a tenant based on factors such as unit square footage occupancy or number of bedrooms.

An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works. Ratio utility billing system is a billing practice where property managers can recover utility costs through allotting fees based on a unit s set up such as square footage number of bedrooms and bathrooms occupants etc. Multifamily utility company has done an excellent job with our properties. Often landlords implement a ratio utility bill back system rubs.

Using rubs throughout a property has a multiple advantages such as fast. Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills. Utility bill invoices are sent directly to residents. D ratio utility billing system means the allocation of water and sewer costs to tenants based on the square footage occupancy or other physical factors of a dwelling unit.

Copies of recent master utility bills are obtained analyzed and added to the billing system. In the file bank you can download a complimentary spreadsheet used t. There are several mathematical formulas that can be used most are based on one or more of the following. This allows for residents to then be billed monthly based on their calculated consumption.

E rental agreement includes a fixed term lease. This article includes two videos that explain how to calculate a rubs water sewer bill for up to ten 10 apartment units. Implementing a ratio utility billing system or rubs billing system is an excellent way to boost net operating income. Copies of the relevant master utility bills are obtained analyzed and added to the system.

Residents are then billed on a monthly basis based on their calculated utility consumption. They are very professional and have seamlessly transitioned many of our apartment buildings to the ratio utility billing program as well as setting up online automated meter reading and billing with our newer properties.