Improve payment percentage split to landlords for unusual percentages
Currently when an ownership profile and bank details are set up, Property Tree does not allow for unusual percentage distributions to owners when there are multiple owners.
For example, if there are 3 owners with equal ownership of the property and each has different bank account details.
Currently Property Tree accommodates 2 decimal places.
- Owner 1 - 33.33%
- Owner 2 - 33.33%
- Owner 3 - 33.34%
Total 100%
The problem with this is that certain Trust set ups do not allow for this inaccurate percentage distribution.
This 0.01% difference makes a difference especially when there is a lot of rental income passing through. For example, when there is $800,000 of rent passing through each year, then 0.01% is a difference of $80.
I would like to request Property Tree to improve this by simply increasing the number of decimal places from 2 decimal places to 4 or 5. this minimises the difference - For example, allowing 33.3333% instead of 33.33%.
Thank you.
Eric Lay
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