Rent collectionRecord a partial payment without implying a new agreement
Show the actual amount received and remaining ledger balance. Keep any separate payment arrangement documented through the appropriate process.
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Rent collection.
Payment methods, fees, and a clearer experience on both sides of the rent.
Rent collectionRent collectionBefore sending a balance reminder, check these four records
Review the charge, recent payments, credits and pending investigations. A reminder should reflect what you can actually support.
Rent collectionCorrect a rent ledger without erasing the explanation
Record the original entry, the correction and why it was needed. Keep the supporting payment or charge record attached.
Rent collectionSwitch rent-payment systems without two sets of instructions
Create a dated transition plan naming the active payment route, unresolved old-system items and who handles questions.
Rent collectionWhat should your rent receipt make clear?
Show who paid, the rental, amount, receipt date, covered period and payment reference. Describe the payment state accurately.
Rent collectionMatch a bank payout to its component rent payments
Reconcile the payout’s component transactions, fees and adjustments to the amount that reached the bank. Do not assign the entire deposit to one tenant.
Follow the rent from scheduled to settled.
Understand rent payment statuses, separate tenant payments from landlord payouts, and check the right record before asking someone to pay again.
$45
3% of $1,500
$5
Flat fee example
The rent is $1,500. The payment fee is another story.
See how flat and percentage rent payment fees add up, who pays them, and what to compare before choosing an online rent collection method.