Tracking and allocating funds for condominium rentals

In the meeting, the State Changers discuss the architecture of tracking funds for a rental property and how to allocate payments between different accounts. They suggest creating a table of condos with an array of objects that include account IDs and shares. When a payment comes in, the corresponding accounts for the condo are identified and payments are processed accordingly, creating receipts and linking them to the revenue line. They also mention that simulating the process in Excel before implementing it in a database can be a helpful approach. Finally, they mention the convenience of using Excel for modeling and shared concepts.

(Source: Office Hours 7/11 )

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