What is an Allocation Table?
When billing residents for utility with a Ratio Utility Billing System, allocation tables show the distributed portion of a utility bill across each unit.
An allocation table is a tool used in Ratio Utility Billing (RUBS) to fairly distribute utility costs among residents based on specific criteria. The table lists each unit in the property and outlines the allocation method used (e.g., square footage, occupancy, number of bedrooms). It then calculates each unit's share of the total utility bill, ensuring an equitable distribution of costs.
The allocation table ensures transparency and accuracy in billing by clearly showing how each resident's portion of the utility bill is determined, helping property managers manage utility expenses efficiently and residents understand their charges.