See Also Leasing Fee Charging Prorated Rent
Help Document #209 - How to take a Leasing Fee
When Scheduled Receivables, Rent is run, the system determines whether it is a first month’s rent based on the Lease Start date in the Tenant Profile. If the Lease Start date is on or after the Next Scheduled date (Tenant Profile) and prior to the Scheduled Through date (Scheduled Receivables) then it considered to be a first month’s rent.
If it is determined to be a first month’s rent, and if the "Replaces Management Fee" checkbox is marked in the Management Fee profile assigned to the unit, then NO management fee will be associated with the rent charge. This only happens when the charge is posted through AR, Scheduled Receivables, Rent. When posted through AR, Charge Tenant the management fee will be included.
Management fee amounts are determined at the time rent is charged, based on the Management Fee profile assigned to the unit.
Rent can be charged through Scheduled Receivables, Rent, Charge Tenant or Pro Rated Rent in AR. The Pro Rated Rent function allows you to calculate rent based on the number of days rented for the month, and also lets you adjust the management and leasing fee amounts if necessary. The Charge Tenant function will not look to determine if it is a first month's rent.
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