Glossary

A

ABA File

A file generated in StrataMax containing Electronic Funds Transfer (EFT) details for one or more bank accounts. The file is uploaded to the bank via internet banking to process the EFT.

Account Activity

A log of all transactions and actions performed on a specific account within a given period.

Account Code

A unique identifying code for bank accounts, owners, creditors, and general ledger accounts. The Account Code is used throughout StrataMax for things such as creating receipts and generating reports.

Account Code List

A scrollable list of Account Codes that appears in many areas of StrataMax. The list can be used to tag one or more accounts depending on the process or report being generated.

Account Name

The name that is associated with an Account Code.

Account Summary

A report that provides a detailed breakdown of transactions for specific account codes.

Add Document Button

The button used to add a document to a list in StrataMax. The screen shown is the Standard Agenda Items screen.

Aged Balance

A scrollable table in the Receipt Entry screen that shows the arrears position for the selected account.

Aged Balance List

A report showing the age of any outstanding amounts for all owners.

Amalgamate Buildings

A function used to combine multiple buildings or plans into a single entity within StrataMax.

Appropriation

The process of transferring surplus or deficit funds between different funds within a building's accounts.

Appropriation Account

The final account in the Profit & Loss statement. This account is where the surplus or deficit for each fund is transferred.

Approver Configuration

The setup in the Invoice Hub that specifies which committee members or office bearers are required to approve invoices for payment.

Archive All Data

A function that backs up all data for a building, including current, old, and historical years, as well as documents.

Arrears Fee

A column of values in the Arrears Notice Setup screen. Each cell in this column signifies the amount a lot account will be debited by when the corresponding arrears notice is issued.

Arrears Fees

Fees charged to an owner's account when an arrears notice or letter is issued for overdue levies.

Arrears Log

A record of all arrears notices and letters issued to an owner for overdue levies.

Arrears Manager

A screen in the Arrears Notice menu used to view and amend the arrears details for a lot account.

Arrears Notice Log

A scrollable table in the Arrears Notice Setup screen used to view the history of arrears notices issued for each lot.

Arrears Notice Schedule

A setup of a series of arrears notices or letters sent to owners when their arrears balance reaches certain levels.

Asset Register

A record of all assets owned by a strata scheme, including details such as acquisition date, value, and depreciation rate.

ATO SBR Client

A standalone software package that integrates with StrataMax for the submission of Business Activity Statements (BAS).

ATO SBR Integration

The integration of the ATO/SBR module with StrataMax. This module is used to submit BAS and is a separate application.

ATO SBR StrataMax Integration

The integration of the ATO/SBR module with StrataMax. This module is used to submit BAS and is a separate application.

ATO SBR Video

A video that explains how the integration between StrataMax and the ATO works.

Audit Certificate

A certificate provided by the bank confirming the balances of a strata scheme's bank accounts, usually required for audit purposes.

Auditors Report

The Auditors Report is a financial report. Some states may require this report by law, and others may not.

AusKey

An encrypted credential file created from the ATO portal and stored locally on a computer used for Standard Business Reporting (SBR).

Auto Reverse

A function that creates automatic journal entries to reverse or adjust transactions in a future period, commonly used for accruals and prepayments.

B

Bank Account Setup

A menu in the Property Info where bank account details are entered for each building.

Bank Balances

A menu used to view bank account balances for a building.

Bank Balances Report

A report of the bank balances for a building.

Bank Charges

An expense account for bank charges.

Bank Rec

Short for Bank Reconciliation, the process of matching a bank account statement with the transactions recorded in StrataMax.

Bank Reconciliation Report

A report that shows the reconciliation between the bank account and the general ledger.

Bank Slip Report

A report that lists all receipt entries for a specific period, used to deposit funds received into the bank account.

Bank State Branch Field

The Bank/State/Branch part of the MICR line on a cheque.

Barcode Position

The position of the barcode on a cheque.

BAS Frequency

The frequency that the BAS is reported.

BAS Lodgement

The lodgement of the Business Activity Statement (BAS).

Base Building

A template for new buildings created in StrataMax.

BcmBank Directory

The folder where banking files are stored.

Bill to Owner

A function used to move expenses from an expense code to a lot owner's account, typically for on-charging expenses.

Bing Customer Service

The customer service department for Bing.

Bing EasyPost

A third-party software application that integrates with StrataMax for printing and distributing documents.

Bing EasyPost BingMail

A third-party software application that integrates with StrataMax to streamline printing and mailing of documents.

BingMail Settings

A menu in the EasyPost module used to enter the Bing credentials for the Bing portal.

Brought Forwards

The brought forward balances from the previous year.

Budget Update

A menu in StrataMax used to enter and manage budget figures for a strata scheme, for both current and future years.

Building Information

A menu in StrataMax that holds general information about a strata plan, such as address, number of lots, and other details.

Building Selector Tool

A tool in StrataMax used to select and navigate between different buildings or plans within a strata manager's portfolio.

Business Activity Statement BAS

A form used to report tax entitlements. Businesses that are registered for GST use this form.

C

Cash At Bank

The bank account that is used by the Body Corporate to hold its funds.

Change Building

A button that is used to change the building that is currently being worked on.

Change Code Number

A function used to merge or swap account codes and creditor codes, combining transactions and managing the chart of accounts.

Change of Ownership

A process in the StrataMax Roll menu used to record a change of ownership for a lot.

Change of Ownership New

A process in the StrataMax Roll menu used to record a change of ownership for a lot.

Change Plan Details

A button in the Plan Setup screen used to change the details of the plan.

Charge Rates

A section in the Consultancy screen used to enter the charge rates for the consultant.

Chart of Accounts

A listing of all account codes and their corresponding names, used to record and categorize financial transactions.

Cheque Entry

A menu in StrataMax used to manually create and print cheques for payments or refunds.

ChequeReceipt Tagging

A tab in the Bank Rec menu used to tag cheques and receipts as presented or not presented.

Clear Filter

An option that is used to clear any filters that have been applied to a list or report. The example image shows the Clear Filter option in the Quick List screen.

Closing Balance

The balance of an account at the end of a reporting period.

CMS

Abbreviation for 'Community Management Statement'.

Common Property Register

A register of all the common property in a building.

Common Property Register Report

A report that shows all the common property in a building.

Communication Setup

A menu in the Email/Fax/SMS area used to configure the settings for email, fax, and SMS. The screen shown is the Communication Setup screen.

Configuration

A menu in the Invoice Hub used to configure the settings for the Invoice Hub.

Contact Preferences

Settings in the Roll menu that determine how correspondence and levy notices are sent to owners and agents, either by email or mail.

Contracts Register

A record of all contracts related to a strata scheme, including details such as start and end dates, contractor information, and linked documents.

Contribution Entitlement

A number assigned to each lot in a strata scheme, used to calculate the lot owner's share of levies and voting rights.

Create Merge Data

A function used to extract information from StrataMax into a format that can be used in other software, such as Word or Excel.

Creditor Commitment

A record of an invoice or expense incurred by a strata scheme, used to manage accounts payable.

Creditor Commitment Report

A report showing creditor invoices.

Creditor Commitments

Referred to as Creditor Invoices. A menu used to enter creditor invoices.

Creditor Invoices

Invoices entered to pay suppliers and contractors.

Creditor Maintenance

A menu used to manage creditor details. The screen shown is the Creditor Maintenance screen.

Creditor Maintenance Report

A report showing creditor details.

Creditor Override

A button in the Invoice Hub Approver Defaults screen. Clicking this button allows the user to select alternate approvers for a specific creditor.

Creditors Balances Report

A report showing creditor balances.

Current Assets

The first section of the Balance Sheet.

D

Data Clearance

A function used to clear or delete specific data from a building, typically used when setting up a new building or transferring in data.

Data Entry

The process of entering data into StrataMax.

Data Storage

A function that backs up all data for a building, including current, old, and historical years, as well as documents.

Date Range

A filter in the Review Invoices screen used to select a date range for the report.

Days Overdue

A column of values in the Arrears Notice Setup screen. Each cell in this column signifies the minimum number of days a lot owner's arrears balance must be overdue in order for an arrears notice to be issued.

Debtor Adjustment

A menu used to reallocate funds between different levy funds for a lot, add or remove discounts, and reverse charged interest.

Debtors List

A report that lists all the debtors in a company.

DEFT

Abbreviation for "Direct Entry File Transfer," a system used by some banks in Australia for electronic payments.

Deposit at Bank

A radio button in the screen for refunding an owner by cheque. When selected, this option will deposit the refund into the owner's bank account.

Direct Debit

An automated payment system where funds are directly debited from an owner's bank account to pay levies or other charges.

Direct Debit or Credit

A transaction type in the Auto Reverse screen. When selected, this option will create a direct debit or credit transaction.

Disclosure Statement

A document containing specific information about a strata scheme, required to be given to potential buyers in Queensland.

Display Setup

A button in the Investment Account Reporting screen. Clicking this button allows the user to change the display settings for the report.

Disputes Register

A record of disputes or disagreements within a strata scheme, including details of the parties involved and the nature of the dispute.

DocMax - Add Document

A menu in DocMax used to add documents to DocMax.

DocMax - Administration

A menu in DocMax used to administer DocMax.

DocMax - Documents

A menu in DocMax used to manage documents.

DocMax - Internal Documents

Documents that are stored in DocMax but are not uploaded to the StrataMax Portal.

DocMax - Online Portal Uploads

A menu in DocMax used to upload documents to the StrataMax Portal.

DocMax - Status

The status of a document in DocMax.

DocMax Category

The category of a document in DocMax.

Document Amendment Register

A record of any amendments or changes made to governing documents of a strata scheme, such as by-laws or the community management statement.

Document Inclusion

A button in the Certificates screen. Clicking this button allows the user to add documents to the certificate.

E

EBMax

The electronic banking module in StrataMax, used to download and reconcile bank statements.

Edit Account Summary List

A button in the Financial Statements screen. Clicking this button allows the user to edit the account summary list.

Edit BuildingCompany Permissions

A menu in the Security Setup used to edit building and company permissions.

Edit Code Number

A button in the screen for changing the code number of an account. Clicking this button allows the user to change the code number of an account.

Edit Cover Letter

A button in the Certificates screen. Clicking this button allows the user to edit the cover letter for the certificate.

Edit Display

A button in the Building Info screen. Clicking this button allows the user to edit the display settings for the building information.

Edit Invoice List

A menu in GLMax used to edit the invoice list.

Edit Levy Paid Dates

A menu used to edit the paid dates for levies. The screen shown is the Edit Levy Paid Dates screen.

Edit Log Inspection

A menu used to inspect the edit log. The screen shown is the Edit Log Inspection screen.

Edit Log Report

A report that shows the edit log.

Edit Office Held Order

A button in the Office Bearers screen. Clicking this button allows the user to edit the order of the office bearers.

Edit Pick List

A menu used to edit pick lists. The screen shown is the Edit Pick List screen.

Edit Posting Month

A menu used to edit the posting month for a transaction. The screen shown is the Edit Posting Month screen.

Edit Recall

A button in the Legal Action screen. Clicking this button allows the user to edit the recall date for an owner in legal action.

Edit Remittance Advice

A button in the Payments screen. Clicking this button allows the user to edit the remittance advice for a payment.

Edit Tax Rate List

A menu used to edit the tax rate list. The screen shown is the Edit Tax Rate List screen.

Edit User Profile Manager Account

A menu in the Security Setup used to edit user profiles and manager accounts.

EFT Manager

A menu in StrataMax used to manage and process EFT payments to creditors.

EFT Remittance Advice

A document that accompanies Electronic Funds Transfer (EFT) payments to creditors. The document contains details of the payment, such as the total amount, invoice numbers, and payment date.

Ellipsis

The button with the three dots.

Email and Print

An option in the Legal Action menu used to select the delivery method of documents to owners in legal action.

Email Body Text

A menu item in the Compose Email screen used to edit the body text of emails.

Email Template Setup

A function that allows users to create and manage email templates for different types of correspondence, such as levy notices and arrears notices.

Email Where Set

A checkbox in the Arrears Notice Setup screen. When ticked, this option will email the arrears notice to the owner if an email address is present in the Roll.

Entitlement Factor

A setting used to adjust the display of lot entitlements in decimals, primarily for Victorian and overseas buildings.

Entitlement Schedule

A schedule that defines how levies and other charges are divided among lots in a strata scheme.

Error Log

A log of errors that have occurred in StrataMax.

Exclude Unresolved Returned Mail Addresses

A checkbox in the Label Printing Configuration screen. When ticked, this option will exclude unresolved returned mail addresses from being included in labels.

Excluded Lots

A list of lots that are excluded from certain processes, such as interest calculation.

Export to Excel

A button that is used to export data to an Excel spreadsheet.

F

Figure Link Report

A report that shows the linked codes and balances between a main group and a sub-group in a multi-OC property.

Filter Buildings

A button in the screen for generating global reports. Clicking this button allows the user to filter the buildings that are included in the report.

Financial Compare

A menu that produces a comparative report of the financials for different periods.

Financial Reports

A menu in the Financial Statements area used to generate financial reports.

Financial Statement

A report that shows the financial position of a business.

Financial Statements

A report that provides an overview of a strata scheme's financial position, including income, expenses, assets, and liabilities.

First Period

The first period to compare in the Financial Compare screen.

Full Reporting

A GST reporting method that includes all labels on the Business Activity Statement (BAS).

Funds Management

A feature (NSW only) that produces a report comparing expenses against the budget and amounts owed by owners.

Funds Management NSW Only

A menu in StrataMax used to manage funds for New South Wales properties.

G

General Information

The general information for a building. This is the first tab in the Building Information screen.

Generate Levies

The process of creating and issuing levies to lot owners, charging their accounts for the levy amounts.

GLMax

A module within StrataMax designed for managing the accounts of a strata management company, including income, expenses, and debtors (buildings).

GLMax Company

The company that is currently being worked on in GLMax.

GLMax Debtor

A debtor in GLMax.

GLMax screen

The main screen in GLMax.

GLMax Standing Journals

A menu in GLMax used to manage standing journals.

Global Data Replacement

A menu used to replace data globally. The screen shown is the Global Data Replacement screen.

Global Levy Generation

A process that generates and prints or emails levy notices for multiple or all buildings in a strata manager's portfolio.

Global Settings

A button in the Arrears Notice Setup screen. Clicking this button will display the global settings for arrears notices.

Grace Days

A grace period for owners to pay their levies within the discount period, even if slightly after the due date.

GST Account

An account code that is used to track GST.

GST Clearing Account

An account code that is used to clear GST.

GST Inclusive

The price of a good or service that includes GST.

GST on Expenses

An expense account for GST on expenses.

GST on Income

An income account for GST on income.

GST Setup

A menu used to review or amend GST accounts and the GST reporting style for a strata scheme.

H

Header Account

An account code that is used as a header in the Chart of Accounts.

Hide Transaction

A process in the Transaction Report Manager menu used to hide transactions from reports.

Historical Data

Data that is from a previous financial year.

Historical Meetings

Meetings that have been held in the past.

Hold For Approval

A checkbox in the BingMail Settings screen. When ticked, this option will hold documents for approval on the Bing portal.

I

IAS

Abbreviation for 'Income Activity Statement'.

InactiveLost

A building status that indicates that the building is no longer being managed.

Include Current

A checkbox in the Arrears Notice Setup screen. When ticked, this option will include current levies in the arrears calculation.

Income Calculator

A tool in the Budget Update menu used to calculate the required income based on the total expenditure.

Info Tab

The first tab in the Building Information screen.

Info Update

A menu in StrataMax that holds various information about a strata plan, including address, contact details, financial year dates, and other key data.

Initialise Lot Addresses

A button in the Roll - Lot Address & Title Editor screen. Clicking this button will initialize the lot addresses.

Inspections Register

A register of all the inspections that have been carried out for a building.

Insurance Claims

A register of all insurance claims made by a strata scheme, including details of the incident, repairs, and claim amounts.

Insurance Details Report

A report that shows the insurance details for a building.

Insurance Link

A window in the Insurance screen that shows the linked insurance policies.

Insurance List

A table in the Building Info screen that shows the insurance policies for the building.

Insurance Policy

An insurance policy that is held by the Body Corporate.

Insurance Premium Payment Accounts

A window in the Insurance screen that shows the insurance premium payment accounts.

Insurance Report

A report that shows the insurance policies for a building or group of buildings.

Interest Charge List

A list of lots that are not charged interest.

Interest Setup

Configuration settings that determine how interest is calculated and charged on overdue levies.

Investment Accounts

Bank accounts held by a strata scheme for investment purposes, typically term deposits or cash management accounts.

Invoice Hub

A module that provides a workflow for approving invoices for payment, allowing committee members to review and approve invoices online.

Invoice Hub Approver Configuration

An article that explains how to configure approvers in the Invoice Hub.

Invoice Hub Introduction

An article that provides an introduction to the Invoice Hub.

Invoice Hub Managing Invoices

An article that explains how to manage invoices in the Invoice Hub.

Invoice Hub Setup and Configuration

An article that explains how to set up and configure the Invoice Hub.

Invoice Renumber

A process in the Integrity Tests menu used to renumber invoices.

Invoice Submission Wizard

A menu in the Invoice Hub used to submit invoices for approval.

Invoices Payments

A menu in the Creditors & Payments area used to manage invoices and payments.

Items to Match

A scrollable table in the Bank Rec screen that shows the items that need to be matched.

J

Job Description

The description of a job in TaskMax.

Job Entry

The screen in TaskMax where job details are entered.

Job Manager

The manager of a job in TaskMax.

Job Payments

Payments that are made for jobs in TaskMax.

Journal Preparation

A menu used to create and process manual journal entries for adjusting or correcting transactions.

K

Key Register

A register of all the keys for a building.

Key Register Report

A report that shows the key register for a building.

L

Label Printing

A menu used to print labels. The screen shown is the Label Printing screen.

Last Year Balance Edit

A menu used to edit last year's balance. The screen shown is the Last Year Balance Edit screen.

Ledger Card

A report that displays the full transaction history for a lot owner's account, including levies, payments, and adjustments.

Ledger Card Report

A report that shows the ledger card for a lot owner.

Legal Action

A process for managing debt collection for overdue levies, including initiating legal action against lot owners.

Legal Action Report

A report that shows the legal action register for a building.

Legal Action Setup

Configuration settings that define the process for managing legal action against owners with overdue levies.

Legislation Regulations and Useful Links

A section in the StrataMax Online Help that provides information on legislation, regulations, and useful links.

Letting Agent

A person who manages the letting of a lot.

Levy Arrears

The amount of overdue levies owed by a lot owner, including any applicable interest and fees.

Levy Arrears Process

A process in StrataMax used to manage levy arrears.

Levy Balance Control Report

A report that shows the levy balance control for a building.

Levy Invoice Code Setup

A menu used to create and manage levy invoice codes, which are used to categorize and charge different types of levies to lot owners.

Levy Invoice Edit

A menu used to edit levy invoices. The screen shown is the Levy Invoice Edit screen.

Levy Management

A menu used to create, edit, strike, and generate levies for a strata scheme.

Levy NoticeReport Settings

The settings for levy notices and reports.

Levy NoticeReports

A menu used to print and distribute levy notices to lot owners, either individually or in bulk.

Levy Register

A report that shows the levy register for a building.

Levy Renumber

A process in the Integrity Tests menu used to renumber levies.

Limit Data

A section in the screen for the Master List A/c Group report. This section is used to set limits on the data that is included in the report.

Local Legend

A legend that is specific to a building.

Lock All

A button in the Building Selector Tool used to lock all buildings.

Lock Building

A function that prevents other users from accessing and making changes to a building's data, typically used during critical processes.

Log Manager

A function that displays a log of items or tasks requiring attention, such as unreconciled bank transactions or errors.

Log Viewer

A menu used to view logs. The screen shown is the Log Viewer screen.

Lot and Entitlements

A menu in the Budget Update area used to view the total lots and entitlements for a building.

Lot Balance Report

A report that shows the lot balances for a building.

Lot Improvements Register

A register of all the lot improvements that have been made.

M

Main Account

An account code that is used as a main account in the Chart of Accounts.

Managers Reports

A menu in the Reports/Utilities (Global) area used to generate reports for managers.

Manual Upload

An option in the StrataMax menu used to manually upload data to the StrataMax Portal.

Master Chart

The default chart of accounts in StrataMax, which can be customized and filtered to individual buildings.

Master Chart building

The Master Chart building is the building where the master chart of general ledger accounts exist.

Master Chart Filter

A menu used to add new account codes or filter changes made in the Master Chart to individual buildings.

Master List

A report that shows the master chart of accounts.

Master List Ac Group

A report that shows the master chart of accounts for a specific account group.

Meeting Creation

A process in Meeting Hub used to create a meeting.

Meeting Held

A status in Meeting Hub that indicates that the meeting has been held.

Meeting Hub

A module that provides tools for managing meetings, including creating agendas, motions, and minutes, as well as conducting online voting.

Meeting Hub Roll-Out

A process in StrataMax used to roll out Meeting Hub.

Meeting Notices Minutes

A menu in Meeting Hub used to generate meeting notices and minutes.

Meeting Stages and Statuses

An article that explains the different stages and statuses of a meeting in Meeting Hub.

Merge Data

A menu used to create merge data. The screen shown is the Merge Data screen.

Merge Levy Notice Setup

A menu used to group multiple lots together on a single levy notice, typically for properties owned by the same entity.

Message Maker

A tool used to create and manage messages that can be displayed on various StrataMax documents, such as levy notices and arrears notices.

MICR

Abbreviation for 'Magnetic Ink Character Recognition'. MICR is a technology used to read characters printed in special magnetic ink.

MICR Print Line

The line on a cheque where the MICR characters are printed.

MICROCR Setup

A menu in the Payments area used to set up the MICR and OCR settings for cheques.

Month End Rollover

A process that updates a strata scheme's accounts at the end of each month, rolling over balances and calculating interest.

Monthly Financial Statement

A report that shows the monthly financial statements for a building.

Mortgagee

A person or organization that holds a mortgage over a lot.

Mortgagee Label Printing

A menu used to print mortgagee labels.

Mortgagee Labels

Labels that are printed for mortgagees.

Mortgagee Reference Labels

Labels that are printed for mortgagees that include the reference number for the mortgagee.

Mortgagee Tab

The tab in the Roll screen that is used to manage mortgagee information.

N

New Building BCMax

A menu used to create a new building.

New Company GLMax

A menu used to create a new company.

New Development NSW Initial Period

A report that shows the initial period for a new development in New South Wales.

New Entry

A mode in the Receipt Entry screen that is used to create a new receipt.

New Levy

A new levy that is being created.

New Meeting

A button in Meeting Hub that is used to create a new meeting.

Nominee

A person who is nominated to vote on behalf of an owner.

Nominee Tab

The tab in the Roll screen that is used to manage nominee information.

Non-Mutual Income

Income received by a strata scheme from sources other than levies, such as interest on investments or rental income.

Notice

A notice that is sent to lot owners.

Notice Address Priority Process

A process in StrataMax that is used to prioritize notice addresses.

O

OCR

Abbreviation for 'Optical Character Recognition'. OCR is a technology that is used to convert scanned images of text into machine-readable text.

OCR Line

A line on a cheque that is used for optical character recognition.

Office Bearer

A term used in StrataMax to identify committee members.

Office Bearers

The elected or appointed officials of a strata scheme, responsible for managing the scheme's affairs.

Office Bearers Report

A report that shows the office bearers for a building.

Old Year

The previous financial year.

Online Help

The online help documentation for StrataMax.

Online Portal Uploads

A menu in DocMax used to upload documents to the StrataMax Portal.

Open SCM Account

A button in the Bank Account Setup screen. Clicking this button will open a StrataCash Management (SCM) account.

Opening Balance Setup

A menu used to enter opening balances for a new building's accounts, based on handover financials from the previous management company.

Operator

A person who operates StrataMax.

Operator Hours Summary Excel Report

A report that shows the operator hours summary.

Originator

The person who originated a work order in TaskMax.

Other Income

Income that is not from levies or other sources.

Other Registers

A menu used to manage other registers. The screen shown is the Other Registers screen.

Output to Screen or Printer

An option in the Auditors Report screen. This option is used to select whether the report should be output to the screen or printer.

Overdraft Report

A report that shows the overdraft limit for a building.

Overdrawn

When an account has a negative balance.

Overdue Interest

Interest that is overdue.

Overdue Report

A report that shows the overdue levies for a building.

Owner Property

A menu used to manage information related to lot owners and their properties, including contact details, ownership history, and tenancy information.

Owner Information

A menu used to view owner information. The screen shown is the Owner Information screen.

Owner Information Info Ledger Only

A report that shows the owner information and ledger.

Owner Information Info Only

A report that shows the owner information only.

Owner Information Levy Register Only

A report that shows the owner information and levy register.

Owner Refunds

The process of refunding a lot owner for overpaid levies or other charges.

Owner Statement

A statement that provides a summary of a lot owner's account activity, including levies, payments, and any outstanding balance.

Owner Tab

The tab in the Roll screen that is used to manage owner information.

Owners Debtors

A menu in StrataMax that is used to manage owners and debtors.

Owners Balances Report

A report that shows the owner balances for a building.

Owners Corporation

An Owners Corporation is a collective group of owners that form part of a Strata Plan.

Owners Funds

The funds that are held by the owners corporation.

P

Page Break

A function in the Merge Letters menu that is used to insert a page break.

Pages Printed Report

A report that shows the number of pages printed.

Pages Printed Report Last Year

A report that shows the number of pages printed last year.

Pages Printed Report No Ac

A report that shows the number of pages printed without an account code.

Part Pay

A button in the Payments screen. Clicking this button will allow the user to part pay an invoice.

Part Payments

Payments made for a portion of an invoice amount, not the full amount.

PAYG

Abbreviation for 'Pay As You Go'. PAYG is a system of withholding tax from payments to employees.

PAYG Instalment

A PAYG instalment.

PAYG Instalment Tax

A type of tax that is paid in instalments.

PAYG Instalment Tax Account Number

The account number for PAYG instalment tax.

PAYG Summary Report

A report that shows the PAYG summary.

PAYG Withholding

A type of tax that is withheld from payments to employees.

PAYG Withholding Tax

A type of tax that is withheld from payments to employees.

PAYG Withholding Tax Clearing Account

An account code that is used to clear PAYG withholding tax.

PAYG Withholding Variation

A form that allows a strata scheme to vary the amount of Pay As You Go (PAYG) withholding tax deducted from payments to contractors.

Payment Advice

A document that is used to advise a payee of a payment.

Payment Method and Bank Details

A section in the Receipt Entry screen that is used to enter the payment method and bank details for a receipt.

Payment Process

The process of paying invoices and expenses incurred by a strata scheme, including entering creditor commitments, drawing payments, and printing cheques or EFT remittances.

Payment Report

A report that shows the payments that have been made.

Payment Reporting

A menu in the Payments area used to generate payment reports.

Payments Management

A menu used to review, manage, and reverse payments made to creditors.

Payments Withheld

Payments that have been withheld.

Payments Withheld Editor

A menu used to place invoices on hold or remove them from hold, preventing or allowing them to be included in a payment run.

Pdf

Abbreviation for 'Portable Document Format'. PDF is a file format that is used to present documents in a manner that is independent of application software, hardware, and operating systems.

Pencil button

A button that is used to edit a record or item.

Period Update

A function used to update a strata scheme's financial period, typically at the end of the month or financial year.

Pick List

A list of items from which an item is selected.

PL

Abbreviation for 'Profit and Loss'.

Plan of Subdivision

A plan that shows the subdivision of a lot.

Plan Setup

A menu used to configure settings and information related to a strata plan, such as the number of lots, entitlement schedules, and levy funds.

Plan Setup - Add Lots

A screen in the Roll menu that is used to add lots to a plan.

Post and Draw

A tab in the Payments screen that is used to post and draw payments.

Posting Report

A report that shows the postings for a building.

POSTMan Setup

A menu used to configure settings for printing and mailing documents, including integrating with third-party mail processing software.

Pre-lodge

A process in the ATO/SBR Client menu used to pre-lodge BAS data.

Premium Account

A link between an insurance policy and an expense code, used to track insurance premiums and refunds.

Premium Accounts Setup

A menu in the Insurance screen that is used to set up premium accounts.

Prepare Data

A button in the EFT Manager screen. Clicking this button will prepare the data for EFT payments.

Prepayments

Expenses paid in advance, such as insurance premiums or annual maintenance contracts.

Presentation Financial Statement

A report that shows the presentation financial statement for a building.

Preview

A button that is used to preview a document or report.

Preview Report

A checkbox in the screen for the Proxy/Nominee Report. When ticked, this option will preview the report before printing.

Print All Unprinted Invoices

A process in the Invoice Printing menu used to print all unprinted invoices.

Print Bank Balances Report

A button in the Bank Balances screen. Clicking this button will print the bank balances report.

Print Deposit Form

A menu used to print deposit forms. The screen shown is the Print Deposit Forms screen.

Print Deposit Forms

A menu used to print deposit forms. The screen shown is the Print Deposit Forms screen.

Print Extra Reports Only

A checkbox in the Financial Statements screen. When ticked, this option will only print the extra reports that have been selected.

Print Header

A checkbox in the Financial Statements screen. When ticked, this option will print the header.

Print Intro Letter

A button in the StrataMax screen. Clicking this button will print the StrataMax Introduction Letter.

Print Levy History

A report that displays the history of levies generated for a specific lot, including the levy amount, due date, and payment status.

Print Levy Notices

A process in the Levy Notice/Reports menu used to print levy notices.

Print Message

A checkbox in the Arrears Notice Setup screen. When ticked, this option will print a message on the arrears notice.

Print Multiple Owners

An option in the Legal Action menu used to print multiple owners.

Print Payments

A tab in the Payments screen that is used to print payments.

Print Payments Report

A button in the Payments screen. Clicking this button will print the payments report.

Print Report

A button in the Payments screen. Clicking this button will print the payments report.

Print Roll Confirmation Details Form

A button in the Roll Details Confirmation Form screen. Clicking this button will print the Roll Details Confirmation Form.

Print Signature on Cheques

A checkbox in the Payments Configuration screen. When ticked, this option will print the signature on cheques.

Print to Files

An option in the StrataMax - Intro Letters Print Setup screen. When selected, this option will print the StrataMax Introduction Letters to files.

Print to Printer

An option in the StrataMax - Intro Letters Print Setup screen. When selected, this option will print the StrataMax Introduction Letters to a printer.

Print Variation Totals

A checkbox in the Financial Statements screen. When ticked, this option will print the variation totals.

PrintEmail Levy Notices

A function used to print or email levy notices to lot owners, either individually or in bulk.

Printer Setup

Configuration settings that define the printer and paper tray used for printing various StrataMax documents, such as levy notices and cheques.

Printing Preferences

The printing preferences for a document or report.

Prior Year Adjustment

An account code that is used to adjust the prior year's balance.

Process Date

The date that a process is run.

Process Fees and Log

A checkbox in the Arrears Notice Setup screen. When ticked, this option will process the arrears fees and log.

Process Last Arrears Fees and Log

An option in the Levy Notice/Reports menu used to process the last arrears fees and log.

Process Recoveries

A function in GLMax that processes charges and fees entered in TRMax, creating invoices for buildings to pay the strata management company.

Property Details

A menu used to manage property details. The screen shown is the Property Details screen.

Property Images

A feature that allows users to upload and store images of a strata scheme's property, such as common areas or individual lots.

Property Registers

A menu used to access various registers and records related to a strata scheme, including the asset register, insurance register, and disputes register.

Property Setup

A menu used to configure initial settings and information for a new building in StrataMax.

Proxy Manager

A menu used to manage proxy votes for lot owners, allowing them to appoint someone to vote on their behalf at meetings.

ProxyNominee Report

A report that shows the proxy holders and nominees for a building.

Purge Old Records

A button in the Certificate Applicants screen. Clicking this button will purge the old records.

Q

Quick Add

A button in TaskMax that is used to quickly add a new contractor.

Quick Entry

A simplified screen used to quickly enter transactions, such as receipts and payments, with minimal information required.

Quick List

A report that provides a summary of key financial information for a strata scheme, including bank balances, levy arrears, and budget variances.

Quick Transaction List

A report that displays transactions for specific account codes, with options for filtering and exporting to Excel.

Quotes

A menu in TaskMax used to manage quotes.

Quotes and Work Orders

A menu in TaskMax used to manage quotes and work orders.

Quotes Tab

The tab in the TaskMax screen used to manage quotes.

R

Rationalise Sub Balance

A function that consolidates credits and debits within a lot account, ensuring accurate reporting and interest calculations.

Receipt

A document that acknowledges receipt of a payment.

Receipt Amount

The amount of a receipt.

Receipt Entry

A menu used to record receipts of funds from various sources, such as levy payments, interest income, or other income.

Receipt Entry Allocation

A screen in the Receipt Entry menu used to allocate receipts.

Receipt History

A scrollable table in the Receipt Entry screen that shows the history of receipts for the selected account.

Receipt Printing

A menu used to print receipts for payments received, either manually or automatically.

Receipt Proceeds Allocation

A scrollable table in the Receipt Entry screen that shows the proposed postings for the receipt.

Receipt Report

A report that shows the receipts for a building.

Receipt Summary

A checkbox in the Financial Statements screen. When ticked, this option will print the receipt summary.

Receipts Report

A report that shows the receipts for a building.

Receipts Report GroupTrust

A report that shows the receipts for a group of buildings.

Register and Cancel GST

A process in StrataMax that is used to register and cancel GST.

Registered Strata Plan

The legal document that establishes a strata scheme, defining the boundaries of lots, common property, and other key information.

Remove All Flags

A button in the Transaction Report Manager screen. Clicking this button will remove all flags.

Remove GST Transaction Records and Unregister

A button in the GST Setup screen. Clicking this button will remove the GST transaction records and unregister the building for GST.

Report Period

The period for a report.

Report Set

A set of reports that can be generated together.

Report Sets

A menu in the Reports/Utilities (Global) area used to manage report sets.

Reports Utilities Global

A menu used to generate reports and utilities. The screen shown is the Reports / Utilities (Global) screen.

Reports and Documents

A section in the StrataMax Portal where owners and committee members can access reports and documents related to their strata scheme.

ReportsUtilities Global

A menu that provides access to various reports and utilities in StrataMax, including financial reports, levy reports, and system maintenance tools.

Request to Open SCM Account

A screen in the StrataCash menu that is used to request a new StrataCash Management (SCM) account.

Restore Data

A menu used to restore data.

Restricted Issues Register

A register of all the restricted issues.

Resubdivision of Entitlements

The process of changing the entitlement schedule for a strata scheme, typically after a change in the boundaries of lots or common property.

Return Address Editor

A menu used to set up and manage return addresses for various StrataMax documents, such as invoices and levy notices.

Returned cheque fee

A fee charged to an owner's account when a cheque payment is returned or dishonoured.

Returned Mail Register

A register of all the returned mail.

Reverse Charged Interest

A radio button in the Debtor Adjustments screen. When selected, this option will reverse charged interest.

Reverse Levy

A function used to cancel or reverse a previously generated levy, typically used to correct errors or adjust levy amounts.

Roll Changes Report

A report that shows the changes that have been made to the roll.

Roll Details Confirmation Form

A form that is used to confirm the details of the roll.

Roll Edit

A warning message that appears when the user tries to edit the roll.

Roll Form

Report that shows the Original Owner, Current Owner, Contribution and Interest Entitlements, Date of Registration of the Plan, Current owner address details, Lessee, Letting Agent, Mortgagee, Nominees and Power of Attorneys.

Roll List

A report that lists all lot owners in a strata scheme, including their contact details and entitlement information.

Roll List 1

Report that shows the Owner details including name, address, telephone number, entitlements and transfer date. The report may be in Lot Number order, Account Code or Alphabetical order.

Roll List 2

Report that shows the Owner details including name, address, telephone number, entitlements and transfer date. The report may be in Lot Number order, Account Code or Alphabetical order.

Roll Manager

Shortcut to the Roll to view Owner records from Receipt Entry.

Roll Master Editor

A menu used to edit the roll master. The screen shown is the Roll Master Editor screen.

Roll-Out

The process of rolling out a new feature or product.

Roll-Over

Process of rolling over a levy or financial year.

Rollback Status

Button that reverts the status of a meeting back from 'Agenda Finalised' to 'Draft Agenda Issued', so that changes can be made again.

Rollover Levies

A function that automatically rolls over unpaid levies from a previous period to the current period.

Rollover Settings

Settings for rolling over a levy or financial year.

Round

The action of rounding a number to the nearest whole number.

Round to 000

Setting that rounds the levies to the nearest dollar.

Run Data Replacement

Button that is used to run the data replacement process.

Run Report

Button that is used to run a report.

S

Sale Account

Account code that is used to track sales.

Save As

Button that is used to save a record or item under a different name.

Save For Later

A button in the Opening Balance Setup screen. Clicking this button will save the opening balances for later.

Save Local Settings as Global

Button in the Arrears Notice Setup screen. Clicking this button will save the local settings as the global settings.

Save Settings as Default

Checkbox in the Financial Statements screen. When ticked, this option will save the current settings as the default settings.

SBR

Abbreviation for Standard Business Reporting, a government initiative that aims to simplify business reporting obligations.

Scheme Number

A unique number assigned to a strata scheme by the relevant state or territory government body.

SCM

Abbreviation for StrataCash Management, a service that provides integrated banking and payment solutions for strata schemes.

SCM reference

The StrataCash Management (SCM) reference number.

Search Agent

A person who searches for information about strata schemes.

Search Building

A function used to search for a specific building or plan within a strata manager's portfolio.

Second Debtor

An external party or entity that is not a lot owner but is charged fees or levies by a strata scheme, such as a tenant or a commercial property owner within a mixed-use development.

Second Debtors List

A report that shows the second debtors for a building.

Second Period

The second period to compare in the Financial Compare screen.

Secret Ballot

Checkbox in the screen for creating a new Standard Motion. When ticked, this option will make the motion a secret ballot.

Secretarial Compliance

A module that assists with managing and tracking secretarial compliance requirements for a strata scheme, such as meeting minutes and AGM notices.

Security Setup

A menu used to manage user access and permissions within StrataMax, controlling which users can access different functions and data.

Select Accounts

Button in the screen for the Debtors List. Clicking this button will allow the user to select the accounts to include in the report.

Select as Global

A button that will select the template as the global template.

Select as Local

A button that will select the template as the local template.

Select Base Schedule

A window in the Levy Management screen that is used to select the base schedule for a custom levy.

Select Building

Button in the screen for generating global reports. Clicking this button allows the user to select the buildings that are included in the report.

Select Buildings

A button that allows the user to select the buildings that are included in the report.

Select Document

Button in DocMax that is used to select a document.

Select Global Action

A window in the Global Data Replacement screen that is used to select the global action.

Select Report Order

A screen in the Payments screen that is used to select the report order.

Send by Correspondence

A checkbox in the Contact Preferences screen. When ticked, this option will send correspondence by the selected method.

Send by Levy Notice

A checkbox in the Contact Preferences screen. When ticked, this option will send levy notices by the selected method.

Send Notice of Committee Meeting

A checkbox in the Roll screen. When ticked, this option will send a notice of the committee meeting to the owner.

Send Notice of Meeting

A checkbox in the Roll screen. When ticked, this option will send a notice of meetings to the owner.

Service Contract

A contract for services provided to a strata scheme, such as cleaning, gardening, or security services.

Service Fees

Fees that are charged for services.

Set Account Limits

A button in the screen for generating global reports. Clicking this button allows the user to set the account limits for the report.

Set as Default

A button in the screen for the Account Dissection report. Clicking this button will set the current settings as the default settings.

Set Auto Start Date

An option in the Funds Management screen. This option is used to set the automatic start date.

Set Bank Overdraft Limit

A function used to set a limit for a strata scheme's bank overdraft, triggering warnings if transactions exceed the limit.

Set Code Limits

A button in the screen for generating global reports. Clicking this button allows the user to set the code limits for the report.

Set Default

A button in the screen for the Account Dissection report. Clicking this button will set the current settings as the default settings.

Set Invoice Type

An option in the screen for creating a new Standard Agenda Item. This option is used to set the invoice type.

Set Levy Notice Dates

A menu used to set the levy notice dates. The screen shown is the Set Levy Notice Dates screen.

Set Levy Tag Conditions

A menu used to set the levy tag conditions. The screen shown is the Set Levy Tag Conditions screen.

Set Levy Type

An option in the screen for creating a new Standard Agenda Item. This option is used to set the levy type.

Set Limits

This tab is used to set limits on the data that is included in the report.

Set No Tax Added Accounts

A menu in GLMax used to set the accounts that do not have tax added.

Set Office Types

A button in the Office Bearers screen. Clicking this button allows the user to set the office types.

Set Pay Days

A menu in the Invoice Entry (Second Debtor) screen used to set the pay days.

Set Processing Limits

A button in the screen for generating global reports. Clicking this button allows the user to set the processing limits for the report.

Set Recall Days

A menu in the Legal Action screen used to set the recall days.

Set Replacement Data

A button in the screen for generating global reports. Clicking this button allows the user to set the replacement data for the report.

Set Replacement Limits

A button in the screen for generating global reports. Clicking this button allows the user to set the replacement limits for the report.

Set Up a Bank

A menu in EBMax used to set up a bank.

Set Up Investment Accounts

An option in the Bank Balances screen. This option is used to set up investment accounts.

Set User as Job Manager

A checkbox in the TaskMax Configuration screen. When ticked, this option will set the current user as the job manager.

Show Account Summary

A checkbox in the Financial Statements screen. When ticked, this option will show the account summary.

Show All Admin Sinking Fund Acs

A button in the Budget Update screen. Clicking this button will show all the accounts for the Admin and Sinking Funds.

Show in Excel

A button that will show the report in Excel.

Show Nil

A checkbox in the screen for the Account Dissection report. When ticked, this option will show the nil balances.

Show No Process Items

A checkbox in the screen for generating TRMax reports. When ticked, this option will show the no process items.

Show Users

A button in the screen for locking buildings. Clicking this button will show the users who have locked buildings.

Simpler BAS

A GST reporting method that does not include all labels on the Business Activity Statement (BAS).

Special Legend

A legend that is used to identify special transactions.

Split Bank Account Setup

A function that allows a strata scheme to report bank balances separately for different funds, such as the Administrative Fund and the Sinking Fund.

Split Bank Setup

A process in StrataMax that is used to set up split bank accounts.

Split Banking

A banking arrangement where the bank account is split into two or more sub-accounts.

Standard Agenda Group

A group of standard agenda items.

Standard Agenda Item

Frequently used Agenda Items can be set up as a Standard Agenda Item, and become a blueprint of sorts for a reusable component to be used when creating a Meeting or a Standard Meeting.

Standard Agenda Items

Pre-defined agenda items that can be reused for different meetings in Meeting Hub, simplifying meeting preparation.

Standard Meetings

Pre-defined meeting templates that can be reused for different meetings in Meeting Hub, including standard agenda items, motions, and settings.

Standard Motion

A motion is an item on the agenda that requires a vote by the members, which if passed, becomes a resolution of the strata scheme or committee. Motions that are going to be used frequently can be configured as a Standard Motions, which can be inserted into Meeting and Standard Meetings.

Standard Motions

Pre-defined motions that can be reused for different meetings in Meeting Hub, simplifying meeting preparation.

Standing Journal

A recurring journal entry that automatically posts to the general ledger on a regular basis, such as monthly or annually.

Statement EntryProcessing

A tab in the Bank Rec screen that is used to enter and process bank statements.

Statement Ledger Card Second Debtor

A report that shows the ledger card for a second debtor.

Statement of Key Financial Information

A financial report that provides a summary of key financial data for a strata scheme, often used for budgeting and financial planning.

Statement of Key Financial Information NSW

A report that is required to be prepared for an Owners Corporation in New South Wales.

Statement Request

A button in the StrataCash screen. Clicking this button will request a statement.

Status Report

A report that shows the status of a building.

Stored Report

A menu used to access and reprint previously generated reports, such as levy notices, certificates, and financial statements.

StrataCash Accounts

Bank accounts managed by a strata management company on behalf of a strata scheme, held in trust for the scheme.

StrataCash Periodic Payments

A menu in StrataMax that is used to manage StrataCash periodic payments.

StrataMax Daily Upload

A process in StrataMax that is used to upload data to the StrataMax Portal on a daily basis.

StrataMax Transfer InOut

A process in StrataMax that is used to transfer data in and out of StrataMax.

StrataMax Uploads

The process of uploading data to the StrataMax Portal.

StrataPay Deposit Slip

A deposit slip that is used to make payments to StrataPay.

StrataPay Only

A setting in the Building Information screen that indicates whether the building is only using StrataPay.

StrataPay Payment Confirmation

A confirmation that is sent to the payer when a payment is made through StrataPay.

StrataPay Receipts

Receipts that are issued for payments made through StrataPay.

StrataPay Reference Number

A unique reference number assigned to each lot in a strata scheme, used for making payments through StrataPay.

Strike Levies

The process of confirming and approving levies that have been entered into StrataMax, making them ready for generation and distribution.

Sub-Account

An account code that is used as a sub-account in the Chart of Accounts.

Sub-Group

A separate accounting and reporting entity within a strata scheme, typically used for managing utilities.

Sub-Group Update Report

A report that shows the updates that have been made to sub-groups.

Summary Only

A checkbox in the screen for the Account Dissection report. When ticked, this option will only show a summary of the report.

Switch Index

A button in the Receipt Entry screen. Clicking this button will switch the index.

System Maintenance

A menu used to perform various system maintenance tasks, such as managing account codes, archiving data, and clearing data.

T

Tag

The process of selecting one or more items from a list displayed in StrataMax.

Tag List

A function in Bank Rec that displays a list of transactions that can be matched or tagged to items on a bank statement.

Tag Paid Invoices

A menu used to tag paid invoices. The screen shown is the Tag Paid Invoices screen.

Tagging

The process of tagging items in a list.

TaskMax

A module that provides tools for managing maintenance and repairs for a strata scheme, including creating work orders, requesting quotes, and tracking job progress.

TaskMax Configuration

A menu in TaskMax that is used to configure TaskMax.

TaskMax Menus

A menu in TaskMax that is used to manage the TaskMax menus.

TaskMax Quotes

A menu in TaskMax that is used to manage quotes.

TaskMax Work Orders

A menu in TaskMax that is used to manage work orders.

Tax Rate Setup

A menu used to manage and update tax rates for different tax codes in StrataMax.

Tax Year Financial Statement

A report that shows the tax year financial statement for a building.

Template Groups

A section in the Meeting Hub Standard Meeting Details screen. This section is used to select the template groups for the meeting.

Template Selection

Screen in the Printer Setup menu used to select a template.

Test Change Style

A process in the GST Setup menu used to test the change of GST style.

Test Financials

A checkbox in the Month End Rollover screen. When ticked, this option will test the financials to ensure that they balance.

Test GST Style Change

An option in the GST Setup menu used to test the change of GST style.

This Building Only

A checkbox in the screen for configuring labels. When ticked, this option will use the label settings for this building only.

This Year

The current year when running a report.

Total for Current Levy Year

A section in the Levy Management screen that shows the total for the current levy year.

Total in Advance

The total amount of levies that have been paid in advance.

Total in Arrears

The total amount of levies that are in arrears.

Totaling Account

An account code that is used to total the balances of other accounts.

Trading Fund Setup

A menu used to configure settings for trading funds, which are used to track income and expenses related to non-levy activities, such as a strata scheme's swimming pool or gym.

Transaction Entry

A menu used to create manual journal entries, cheques, and EFT/BPay payments.

Transaction Fund Breakup

A section in the Journal Preparation screen that shows the breakup of the transaction fund.

Transaction List

A report that shows the transactions for a building.

Transaction Listing

A report that displays all transactions for a specific period, including receipts, payments, and journal entries.

Transaction Report Manager

A menu used to hide specific transactions from certain reports, such as the ledger card or the transaction list.

Transfer In

A process in StrataMax that is used to transfer data into StrataMax.

Transfer InOut

A process used to transfer data for a building or company into or out of a StrataMax portfolio, typically when a strata management company takes over or relinquishes management of a property.

Transfer Out

A process in StrataMax that is used to transfer data out of StrataMax.

Trial Balance

A report that lists all account balances in the general ledger, ensuring that debits and credits are equal.

TRMax Configuration

A menu in TRMax that is used to configure TRMax.

TRMax Record

A record in TRMax.

TRMax Reporting

A menu in TRMax that is used to generate reports.

U

Unbalanced Flag

A checkbox in the Financial Statements screen. When ticked, this option will display a watermark on the report if the financials are unbalanced.

Undo Last Filter

An option that is used to undo the last filter that was applied.

Unit Number Style

A section in the Levy Invoice Code Setup screen that is used to select the unit number style.

Unit Prices Report

A report that shows the unit prices for a building.

Unliquidated Claims Register

A register used to record and track unliquidated claims, which are claims against a strata scheme that have not yet been settled or determined.

Unlock Building

A function that allows users to access and make changes to a building's data after it has been locked.

Unpaid Invoices Report

A report that shows the unpaid invoices for a building.

Unpresented Credits

Credits that have not been presented.

Unpresented Receipts

Receipts that have not been presented.

Untag

The process of deselecting one or more items from a list displayed in StrataMax.

Update Advice

A report that summarizes updates or changes made to a lot owner's contact or ownership details.

Update Amount

A button in the screen for creating a new Standard Motion. Clicking this button will update the amount.

Update Paid to Dates

A menu used to update the paid to dates for levies.

Use Text Instead of Com Prop Register

A checkbox in the Certificates screen. When ticked, this option will use text instead of the Common Property Register.

User Roles

Different levels of access and permissions within StrataMax, assigned to users based on their roles and responsibilities.

User Settings

The user settings for StrataMax.

Utility Billing

A menu used to manage utility billing. The screen shown is the Utility Billing screen.

V

Valid Building Combinations

A list of valid building combinations.

View Archive

A function that displays archived records, such as deleted legal actions or journal sets.

View Log

A function that displays a log of activities or events, such as errors, warnings, or system messages.

View Statement

A button in the Receipt Entry screen. Clicking this button will view the statement.

Vote Tally

A button in the Meeting Hub Meeting Details screen. Clicking this button will tally the votes.

VoteMax

A web-based application that allows owners to vote electronically on motions and committee elections.

Voting Register

A report that lists eligible voters for a

W

WA Certificates

Certificates that are issued in Western Australia.

WHS

Abbreviation for 'Workplace Health and Safety'.

WHS Report

A report that shows the WH&S information for a building.

Withholding Tax

Withholding tax refers to tax that is withheld from Wages, Non-ABN Invoices and Non-TFN income.

Withholding Tax Clearing Account

An account code that is used to clear withholding tax.

Work Order Entry

The screen in TaskMax where work order details are entered.

Work Orders

A menu in TaskMax used to manage work orders.

Y

Year End Rollover

A process in StrataMax that is used to roll over the year end.

Z

Zero Balance Accounts

A menu used to create journal entries that reduce specific account balances to zero.