Reconcile a levy statement

Check what the body corporate charged against what you recorded, and find the gap.

Start: Levies Result: confirmation that your records match the body corporate, or a gap to investigate.

Before you start

The charges must be flagged as levies. Set that on the charge itself - on the owner’s side or the tenant’s, depending who your lease makes liable.

Steps

  1. Go to Levies and select the unit and period.
  2. Enter the total the body corporate actually charged for that unit.
  3. Compare it with what Domi Vera gathered from your flagged charges.
  4. Matching totals mean your records agree. A gap means something is missing, doubled, or on the wrong unit.

A levy gap is real money. If the body corporate charged R2,400 and you passed on R2,100, the R300 is coming out of someone - usually the owner, without their knowing. Finding it monthly is the difference between a query and a year-end problem.

What this does not do

It does not read the body corporate’s PDF - you enter the total. And it checks the period total, not charge against charge.

When a gap appears, the component label on each levy charge is how you narrow it down - group by water or admin to see which part drifted.

Related

  • LeviesBody-corporate charges on a sectional-title unit. Domi Vera reconciles them against the body corporate's statement — it does not bill them.
  • SchemesA scheme is a sectional-title development with a body corporate. Freehold properties do not belong to one.
  • UnitsThe unit is where the money is anchored — one owner, one set of books, its own invoices and statements.