Feature
Owner distributions tied to the same ledger as everything else
An owner distribution calculated separately from the ledger that tracks rent and expenses is a reconciliation waiting to go wrong. Meridian tracks owner distributions directly against the same per-property financial ledger driving every other report.
The problem
Calculating what's owed to an owner in a separate spreadsheet, after the fact, means it can drift from the actual rent collected and expenses incurred without anyone noticing until the numbers are compared.
Why it matters
An owner distribution that doesn't reconcile with the underlying ledger is exactly the kind of discrepancy that damages an owner relationship the moment it's spotted.
How Meridian helps
- Owner distributions tracked against the same per-property ledger as rent, expenses and vendor invoices
- Distribution history visible alongside NOI and cash flow for the same period
- Feeds directly into owner statements, so the distribution figure and the statement are never out of sync
- PDF and Excel export for distribution records, alongside every other financial report
FAQ
Are distributions calculated automatically?
Distribution figures draw from the same live ledger as rent collected and expenses, rather than being calculated separately and reconciled after the fact.
Do owners see their distribution history?
Distribution records feed into owner statements available through the owner portal.