FAQ > Tracking Rents on Worksheet
How does SimplifyEm.com Property Management Software track my rent payments received?
If a tenant’s lease information has been entered, SimplifyEm.com Property Management Software allows you to “Allocate” the rent payments entered on the worksheet and easily reconcile between received payments and the payments you should have received according to the lease. The “allocate” function replaces the “split” function in the row for that tenant.
Allocating the rents received keeps you on top of rent collection. As you record rent payments received from a tenant on the worksheet:
- SimplifyEm.com Property Management Software will auto allocate the rents for you if the amount entered is equal to what is expected for a rent period based on the lease.
- SimplifyEm.com Property Management Software will allocate for you within current month till rent is fully collected. Anything above what is expected for the month will be left unallocated.
See details on ” How can I enter partial rent payments that I receive ? ”
See details on ” How do I enter overdue rent? ”
See details on ” Where do I enter Lease for my tenants? “
