Owning a condominium or apartment complex is usually a very good business opportunity. There are a lot of things to think about, however. One of the most important things you will need to consider is how you are going to bill all your tenants fairly for the use of water and sewer. The billing process itself can be complicated and time-consuming, not to mention figuring out what you are going to charge each of your tenants. But, when you are using the ratio utility billing system, all of these issues can be set aside.
What Is The Ratio Utility Billing System?
The ratio utility billing system is the best way to go if you only have a single meter for the entire building, rather than one meter per unit. It accurately calculates how much each tenant has used and therefore, how much each tenant should be billed. The ratio utility billing system is easy to set up, and in addition, the online program handles every aspect of the billing process for you, freeing you up to get other things done.
The Ratio Utility Billing System Makes For More Satisfied Tenants
The ratio utility billing system is a very fair billing system. You no longer have to charge all of your tenants equally for the total water or sewer bill for the entire building. Instead, each tenant can see how much he or she has been using online. The tenants can also pay online. This billing system can save a lot of money on water or sewer costs and since it either completes each part of the billing and payment processes automatically or allows the users to do it quickly and easily online, it will, overall, make a very positive difference in the way utilities are handled in your apartment complex.