| Word | Description |
| Pass-Through Accounts | A flag that can be set on an account in the management fee rule that causes money applied to the this account to be broken out on its own line item in the management fee calculator. Since passthrough accounts are their own line items in the management fee calculator, the income can be passed through to the management company instead of appearing as a management fee expense to the owner. The net of the money collected and the money billed to the passthrough account is zero once you create the management fee bill and the sums are not shown on the Summary Owner Statements. |
| Portfolio Balance | The amount of money held in one or more bank accounts (including undeposited funds) which is assigned to the portfolio and is not flagged as "escrow." |
| Portfolio Minimum | A setting that allows you to set a floor on the minimum balance you would like to keep for any portfolio. This minimum will be taken into consideration when issuing owner draws to the contacts attached to any portfolio or when paying bills. |
| Prepayments | A Prepayment represents money received that is not yet applied toward lease charges on the tenant ledger. Anytime you record a tenant payment that you have not applied toward a lease charge, or that you have applied but which exceeds the amount owed, the unapplied monies result in a Prepayment. Prepayments display as a dollar sum total in the summary box at the top of the tenant ledger. |
| Property Manager | In Propertyware, a Property Manager is the point of contact within your organization who is in charge of communicating with prospective tenant leads and leasing rental vacancies that appear on your Propertyware Website. When a prospective tenant submits an Online Guest Card from your Propertyware Website, an email notification containing the submitted rental inquiry will be automatically sent to the assigned Property Manager. As internal members of your organization, your Property Managers are set up as users, not as contacts within the Contacts Tab of the application. As users, your Property Managers may be granted access into Propertyware to generate certain reports, such as the Lease Expiration or Vacancy Reports, and obtain information concerning the rental properties they manage. |
| Property Navigator | The Property Navigator, located on the left sidebar of the Propertyware application within the Properties Tab and allows you to search or browse through your properties by Portfolio, Building and Unit. The Property Navigator also includes filters to help you refine your search for the correct property. |