Rental Income

When renting out to other companies, you are typically required to issue a “Rental Income” received payment.

This guide demonstrates how to create a “Rental Income” received payment, for companies located in Greece (myDATA document type “8.1 Rents - Income”)

Authorization variables

• Token: API key.
  To find your API key open the Elorus web application and navigate to the "User Profile". The API key is personal and there's only one key per user.
• X-Elorus-Organization: Organization ID.
  The organization whose data you wish to access. To find the Organization ID visit the Elorus web application and navigate to "Settings > Organization > Organization ID". Each organization has an ID of its own.

Client

1.1 Create a new contact

- The guide assumes you’re working on a new Elorus organization, so this step can be omitted.

First lets create a contact so there is someone to receive payment from. In a business context, contacts are individuals or businesses whom you transact with; typically your clients, leads, suppliers and partners. Since Elorus will let you manage your sales as well as your expenses, a contact may represent either a client or a supplier (or even both).

1.2 Get contact ID

Filter e.g. by “company”, to get the contact ID. Retrieved contact ID in this case is “2480647926494267071”.

Taxes

This document is not subject to VAT.

Income creation

2.1 Create Rental Income

The final step, is to create the Rental Income as a received payment. The list below describes all the needed fields.

1. X-Elorus-Organization: your organization ID
2. income_type:
   • contract: Contract income
   • rental: Rental income
   • other_income: Other income
3. transaction_type:
   • dp: Other payments
   • ip: Client payment
   • cnp: Supplier refund
   • icm: Income
4. taxes: no taxes are required to be sent, just send an empty dictionary
5. amount: Amount paid
6. calculator_mode: sets your values as “initial” or “total”, meaning the “amount” paid is before or after taxes.
7. contact: Contact id - In this case we created “Elorus SA” contact.
8. draft: true or false depending on the need to issue immediately an invoice or not. If true, the bill will not reach MyData/Softone, until issued.
9. myDATA specific fields: mydata_document_type - mydata_classification_category - mydata_classification_type - payment_method
   • mydata_document_type: aade type
   • mydata_classification_category: income type aade
   • mydata_classification_type: classifications of Ε3 aade
   • payment_method:
     • “1”: Domestic Payments Account
     • “2”: Foreign Payments Account
     • “3”: Cash
     • “4”: Cheque
     • “6”: Web Banking
     • “7”: POS / e-POS