will NOT post to the ledger.A charge is a financial liability a customer owes to the housing authority. A charge WILL post to General Ledger, whereas a receivable will NOT post to the ledger.
A non-recurring charge is a charge that is added infrequently, or only one time, to a tenant or customer account; for example, an NSF fee, promissory note, work order charge, etc.
A recurring charge is a charge that is the same each month, such as a rent, cable, or garbage collection charge.
Note: Click here to find out how charging rent affects General Ledger. See "Charging a Tenant for Rent"
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