Service charges. Billed. Collected. Overdue — visible.
Communal service charges in Cyprus developments — covering pool maintenance, landscaping, security, elevator servicing and building insurance — are billed quarterly and collected from residents. Most developers track this in an Excel sheet that nobody updates consistently. Tektor tracks every budget, every invoice and every overdue amount across all your completed developments in one screen.
Portfolio-wide service charge overview
Four KPI tiles show the full picture: Billed This Year, Collected, Outstanding and Overdue — across all your developments. A Budgets table below breaks down the annual service charge budget per project, the billing method (by m² or equal split) and the frequency. Your CFO can see the entire post-handover cash position in under ten seconds.
Per-resident invoicing with payment status
The Invoices tab shows every individual service charge invoice: the resident, the period (Q1 2026, Q2 2026), the amount due, the due date and the payment status — Paid, Overdue or Pending. Overdue invoices are flagged in red. Residents see their own invoices and payment history in the Buyer Portal.
Multiple billing methods — by m² or equal split
Configure service charges per project using the billing method that fits your development's structure. Large villa developments typically use equal split. Apartment blocks calculate by m² proportional to each unit's size. Both methods are supported and calculated automatically.
Частые вопросы
Can residents pay service charges through the Buyer Portal?+
Residents see their outstanding service charges in the Buyer Portal's Finances tab. Online payment integration is on the roadmap. Currently, payment instructions are included in the invoice.
Can I track service charges across multiple developments?+
Yes. The Service Charges overview aggregates all developments. The Budgets table shows each project's annual budget and billing parameters.
What billing frequencies are supported?+
Monthly, quarterly and annual billing frequencies are supported.
Does Tektor send automatic reminders to residents for overdue charges?+
Automated reminder emails for overdue service charges are on the roadmap. Developers can currently send announcements via the Announcements module as a manual reminder.