FAQ > Automation

How does SimplifyEm.com create Automatic Late fees for you?

Users have the ability to set the automatic generation of late fee due for his tenants from the automation center.

You just have to set the date of the month you want the late fees to be created for you for all the late tenants that month.

Steps to create Automatic Late fee:

1.Here I have a tenant John with an active lease, rent $1000,due date: 1st, daily late fee $1, maximum late fee $20.

Today is Aug 15th. As of today tenant John is late for his August rent.

2.Click on ‘Automate’ on the top of the page.

3.This will take you to ‘Automation Center’ page.

Click on ‘Late Fee’ link.

a.Check ‘Automatically Create Late Fee’ checkbox.

b.Select the date of month the late fee calculation should be made.

Here I selected 16th.

c.Click Save button.

4.On 16th August, if tenant John has still not paid the rent Late fee of $16 will be added.

Note:

The late fee is created only

1.If the tenant is late for Rent on the date the automation rule for late fee is run.

(Here, if tenant John is late for rent on Aug 16th , Late fee will be added)

2.And late fee is created only for the current month.

(So, if tenant John was late for both July and Aug, only late fee for Aug will be created on August 16th.)