Tracking down former residents to pay their final utility bill is a challenge and is often unsuccessful.
Ratio utility billing system calculator.
There are several mathematical formulas that can be used most are based on one or more of the following.
An automatic move out calculator allows the final utility balance to be settled before you and the resident part ways.
Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills.
A portion of the cost of the total utility bill for the property is distributed to each resident based on this formula.
Rubs billing is a method that calculates a resident s utility bill based on a pre calculated formula.
An added benefit is that because residents take on the financial responsibility for their usage they tend to conserve more and help.
How to implement a ratio utility billing system rubs ratio utility billing system or rubs is a great option for property owners to help manage their expenses by proportionately sharing utility costs with their residents in a fair and reasonable manner.
Review recent master utility bills and add them to your billing system.
Whas anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less.
Has anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less.
Update your billing system to confirm that you have all the facts you need to calculate the proper ratios.
The formula is determined based on several variables including.
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.
When it is not possible to install submeters due to building construction or the owner does not want to make a capital investment ratio utility billing systems rubs are a method of accurately and fairly charging residents for utility usage.
Is it cost effective for smaller units.
Is it cost effective for smaller units.
In the file bank you can download a complimentary spreadsheet used t.
Copies of the relevant master utility bills are obtained analyzed and added to the system.
Rubs stands for ratio utility billing system.
Rubs is a method of allocating utility costs in apartments condominiums offices shopping centers and other multi unit properties.
An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works.
Ratio utility billing system rubs apartment utility billing services for over 33 years.
We send a letter of introduction to your tenants explaining how the new ratio utility billing program works.
Automated move out calculator to deter delinquencies.
The actual utility bill for the property is distributed to each resident based on an.
Unit square footage occupancy occupancy factor or number of bath rooms.