Let what is due and what is late show on the same screen.
When an agreement is approved, the payment plan appears on its own. Amounts to collect from the tenant and amounts to pay the owner sit in separate tables, with their due dates and amounts.
Who it is for
For offices expecting payments from several tenants each month while also having to pay the owner.
- Estate agencies collecting rent on an owner's behalf
- Complex management tracking dues and shared costs
- Letting offices following deposits and advance payments
- Investors managing the cash flow of several properties
Two directions, two tables
In letting, money flows two ways: you collect from the tenant and you pay the owner. The two sit in separate tables and do not get mixed up.
- Amounts to collect from the tenant in their own table
- Amounts to pay the owner in their own table
- Each row carries the due date, amount, paid portion and document number
- Paid, late and no-receipt-yet rows are marked differently
Create the receipt in one step
If no receipt has been issued yet for a payment that is due, you create it from inside the plan. From a row that already has one, you move to the related record.
- Create receipt appears on a due date that has none
- On a due date that has one, you move to the related payment record
- The plan is read-only; the amounts come from the agreement and are not changed by hand
- A second receipt is not created for the same due date
A property's outstanding position on its card
You can see a property's position without going through the plan row by row. The four cards at the top of the property card summarise dues, open balance, the agreement and the last payment.
- Monthly dues and fixed costs
- Open balance; if it is overdue, the card turns red
- Tenancy agreement status and end date
- The amount and date of the last payment
Account statement per person
When you want to see a tenant's or an owner's overall position, you switch to the accounting tab on their card. The running balance and transaction history are there.
- The account statement, with a running balance
- Moving from the transaction type to the source document
- Past receipts sorted newest first
- Balance and total revenue summarised at the top of the card
What changes
Payment tracking becomes visible without waiting for month end.
Frequently asked
Is the payment plan created automatically?
Yes. When you approve the agreement, the plan comes out based on the amount, payment interval and first payment day on that agreement. You do not have to build the plan by hand.
Is late payment interest calculated?
No. You see the late payment in the plan and the row is marked, but the system does not calculate an interest amount.
Can I also track what is owed to the owner?
Yes. In the payment plan, amounts to collect from the tenant and amounts to pay the owner sit in separate tables.
Could I issue two receipts for the same due date by accident?
No. The Create receipt option only appears on due dates that have no receipt; on a row that has one, a link to the related record appears instead.
Can I also enter a payment from the person's card?
Yes. Add Payment at the top of an owner's or tenant's card records the payment, and the balance updates accordingly.
Is there a bank integration?
Within the scope described here, payment records are entered by hand or through a receipt. Let's discuss your bank integration needs during the demo call.
See a late payment on the day, not at month end.
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