New Zealand
Australia
Ireland
UK
Management Fees
Most villages will charge a Deferred Management or Membership fee which is collected when a resident departs. VCare allows the fee details (percentages and terms) to be recorded for each individual contract. VCare will report on the accrual of these fees both on a cash (what would be collected if the resident departed) and an accounting basis (required to meet the International Financial Reporting Standards). When the resident departs, VCare will update these totals, optionally prorating the last part month.
