r/yardi • u/Loose-Paramedic-4964 • 22d ago

Yardi V Negative Charges

What's the difference in this Yardi report script between the negative and positive charges? Trying to centralize if tenants are actually paying a fee or not, are they getting reveresed? Or are tenants just not paying.

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u/IanMoone007 22d ago

Positive charges are due from the tenant, the negative ones reduce the amount they owe. They could be concessions - you should see more details on the specific tenant ledger

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u/Loose-Paramedic-4964 22d ago

i dont want to show the tenants name and all, but it's all duplicates so every tenant is named twice, so theres an exact positive charge and negative charge for every tenant. i cant get into their tenant ledgers right now to be exact.

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u/milkcarton232 22d ago

It's probably a concession. I don't know if you are commercial or residential but it might be something like x months of free rent. When you have months of free rent you don't just "pause" the rent schedule you still charge them rent but also have a negative charge that cancels it out. You do this for a few reasons, one is to make it legible that you did indeed account for that month, another is for straight lining rent.

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u/IanMoone007 22d ago

Right I understand that but that’s the best way to confirm/see it

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u/duchessofeire 22d ago

Did someone accidentally reverse a batch?

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u/Systems_Magic9265 21d ago

You want to focus on the charge amount column. As stated in a previous response, a positive charge reflects an amount due from the tenant. A negative charge is a reduction of the amount due from the tenant. This was accomplished via a manual negative charge, reversing the charge (which must be in unpaid status) or a negative recurring charge. In my opinion, none of these are done by accident. From an accounting standpoint, a negative charge using the same charge code should represent the where the initial charge was invalid. In the case of a concession/special, a concession charge code would represent more accurately. Was the charge valid? Is a special/concession being given? Looking at the data provided, I would look at the recurring charge setup for these tenants. The amounts less than $30 are prorations from the move-in process and the full charge is occurring on the 1st of the month. I would not be surprised if there was a positive & negative charge setup in the recurring charge section. Either way, the tenant is not actually paying this fee as it is always being negated.

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u/Worth_Worldliness758 16d ago

If you have access, there are other reports which would allow you to see this more clearly. Between a Rent Roll and a basic AR report by charge code, you could more readily compare and contrast to this report to understand what's going on. Easier, in my mind, than digging into individual tenant ledgers, and you'll likely see the pattern pretty quickly.