Payment Info

Depending on the configuration your organization has chosen, Payment Info includes:

• Payment Details: View and edit high-level information about your payment details.

• Recurring Expenses: Create expense setup records for all recurring expenses as well as vendor allocations, expense schedules, and expense allocations. View your expenses over the course of the lease.

• Alternate Rent: Create an alternate rent schedule that supersedes the existing recurring expense or percentage rent schedule.

• Transactions: Display all transactions that have been posted for a contract and create one-time transactions.

• Receipts: Capture information about a payment that was received.

• Recoveries: Track landlord invoices and generate transactions for any payments that may be due.

• Scheduled Offsets: Create negative transactions that offset against existing transactions.

• Allowances: Enter any allowances offered by the landlord. For example, some landlords offer tenants an improvements allowance so that tenants can be reimbursed for improvements made to the property.

• Security Deposit: Add, edit, and delete security deposits intended to cover expenses in the event of damage to the property or a default by a tenant.

• Percentage Rent: Manage percent rent records, breakpoints, sales exclusions, and offsets.

• Sales: Add, edit, delete, or import your sales data for percentage rent.

• Use Based Rent: Create variable rent records based on usage of a real estate resource.