Budget scenarios, shared invoices, and refunds

Budgets

Model budget scenarios

Build named alternatives such as a lean year against a full reserve year, compare them side by side, and activate the one you want. A scenario records the dials you turned, so modelling never writes to a single budget line.

Budgets

Start a budget from last year

Pre-fill every line from what the property actually spent last year, or from the budget the board approved, and URBI remembers which one you chose.

Budgets

See why each number is what it is

Alongside the grid you get a record of the reasoning behind each line, a three year history, and a breakdown of what is driving the fee increase.

Invoicing

Split an invoice between residents

Forward part of an invoice to a co-resident and track what each person still owes, including what has already been settled by someone else.

Reports

Two new registry reports

Chart of Accounts and Outstanding Bonds join the reports hub. Both answer structural questions about how things are set up rather than how much was spent.

Reports

Open the transactions behind a figure

Report and budget numbers now drill through to the journal entries underneath them.

Payments

Refund a payment

Issue a refund against a payment, choose whether it pays out or credits the account balance, and the resident sees the refund in their activity history.

Reports

Beginning and ending balances on the Trial Balance

The Trial Balance now shows where each account started and finished, not only the movement.

Reports

Choose your own report columns

Pick the columns you want and they stay chosen the next time you open the report.

Budgets

Budget performance by fiscal month

Performance is shown and exported by fiscal month, with month boundaries in the property own timezone.

Invoicing

Percentage tax rates stay percentages

Enter a tax as a percentage on an invoice or expense line and the rate is kept, so reopening, duplicating, or applying a template gives you the percentage back rather than a figure worked backwards from cents.

Expenses

HERO Receipts is now HERO Bills

The name now matches what the feature actually handles.

Banking

Per account control over bank connections

Turn individual accounts on a bank connection on or off, rather than the whole connection.

General ledger

Clearer confidence on imported transactions

A GL import now shows how confident each suggested match is.

Charges

Cancelling one charge no longer writes off a whole invoice

Cancelling a single charge on an invoice that still carried other unpaid lines used to write off the entire invoice, dropping the balance by the full amount while the other charges stayed live. It now refuses outright.

Billing

Balances no longer subtract payments against forgiven invoices

Recalculating a billing account subtracted payments made against an invoice that was later voided or written off, landing the balance lower than the truth.

HERO AI

Trial balance and cash flow questions work again

Two HERO accounting questions were failing outright.

Portal

Invoice numbers and payment details show reliably

Portal activity now carries the invoice number and keeps the payment details attached to the right entry.