Tenants

Recording payments

Once the rent generated in the Finance section you can Record the payments as they take place (it can multiple time during the rent period, for instance if the tenants pay in instalments). To do this click on the action Record a payment. You can also chose to defer all or part of the Tenant Balance. This option is available only when the Tenant account has a positive or negative Balance (unpaid or overpaid rent). You can defer and use the available balance (total or partial) for the current payment, or the next payment. The Negative Balance amount is added Lue lisää

Tenant balance

In the Tenants section, you have access to the tenant balance detail. The tenant balance is the result of following elements: Prepaid rents (as indicated in the Tenancies page) Rent payments (as recorded in the Finance page) Reconciliation of charges done in the period Tax refunds where applicable. The Tenant Balance can be used for payment deferments. Depending if it is positive or negative, the rent will be increased or diminished.