cancel
Showing results for 
Search instead for 
Did you mean: 
Cardinal1
Level 2

Common Area Maintencance charges invoices

How do you calculate Common Area maintenance charges? I prepare them manually and create invoice in QB online.

 

 

 

Thanks

1 Comment 1
JanbonN
QuickBooks Team

Common Area Maintencance charges invoices

Thank you for choosing QuickBooks, @Cardinal1. I'm here to provide the calculation of the Common Area Maintenance (CAM) and include it in your invoices in QuickBooks Online (QBO).

 

The Tenant CAM charge equals Tenant Rentable Square Footage (RSF) divided by the Gross Leasable Area (GLA) multiplied by the Annual CAM. That said, I recommend referring to an accountant for more guidance about CAM calculations.

 

To add the CAM charges to your invoices, we need to create a service item for this.

 

Here's how:

 

  1. Go to the Gear icon and select Products & services.
  2. Click New, then choose Service.
  3. In the Name field, enter the name of the service.
  4. Fill out the necessary details.
  5. Once done, click Save and close.AddServiceItem.png

 

Then, add this service item when creating your invoices. Please refer to this article for more details: Manually add service fees to invoices in QuickBooks Online.

 

Additionally, you can refer to this article about personalizing your sales forms: Customize invoices, estimates, and sales receipts in QuickBooks Online.

 

Let us know if you have other concerns with your invoice in QBO. We're here to help you in any way we can.

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us