Revised 04/2020

COLLECTIONS BONUS PROGRAM

WHO WHAT WHEN AMOUNT QUALIFICATIONS

Manager or Assistant Manager

Collection Bonus

Monthly Close out Day (25TH or last

day of month)

98% = $ 50 99% = $100

100% = $200

Collection % of Monthly Billing

Submission Requirements for Collection Bonus: 1. Charge Register Report –

a. Pull the Charge Register Report from Yardi at the end of yourclose out day (25th or last day of the month-based on yourproperties close out day)

b. Make sure to pull the current month PostDate MM/YY Ex: 09/2015 to 09/2015.

c. Do not enter transaction dates.2. Bonus Worksheet- To calculate the Bonus % earned for the month divide

the total amount paid by the total amount charged. You may round up if.5% or higher.

Qualification Requirements- • Employee must hold either the Assistant Manager or Property Manager

Position for the entire month to be eligible.

• Bonus can be paid to either the Assistant Manager or Property Manager-

whichever is solely responsible for rent collections.

• If the above statements are true & error free, the Assistant Manager orProperty Manager can receive up to a $200.00 bonus for the month.

*The Accurately pulled Charge Register and completed Bonus Worksheet is due to

your Operations Supervisor via fax or scan by the end of your properties closeout day

prior to being locked out of Yardi.

Revised 04/2020

COLLECTIONS BONUS WORKSHEET

Property Name: ______________________________ Month Ending: ________________________________

Employee Name: _______________________________________________________

TOTAL MONTHLY BILLING

TOTAL COLLECTED: FROM MONTHLY

BILLING

PERCENTAGE OF BILLING AMOUNT

COLLECTED

BONUS AMOUNT FOR MONTH

$ $ % $

Bonus Payable for This Month: $ _______________

I verify that the above attached are true and error free.

Employee Signature: Date:

Operations Approval: Date: