To access the 'Owner Statements', click on Settings (the gear icon), then select [System Settings], and scroll to find [Owner Statements]


This page will then appear:


Each Owner Statement settings has been outlined below:



Tax on Expenses for Owner Statement

This refers to whether expenses to the owner is taxed.
Tax Code on Expenses

Pertaining to the previous setting, if it is set to 'yes', then select the tax code to apply in the drop-down box.



Tax applies on merchant fee

If tax applies on the merchant fee, select yes.

Tax code on merchant fee

Pertaining to the previous setting, if it is set to 'yes', then select the tax code to apply in the drop-down box.

Tax code on management fee

This refers to whether there is tax on the management fee.


Depending on the settings done here, a generated owner statement will have the tax calculations added on before it gets sent to the owner.