FAQ > Tracking Rents on Worksheet

How does SimplifyEm.com Property Management Software track my rent payments received?

Track the rent payment

SimplifyEm.com Property Management Software simplifies rent collection by allowing all rent payments to be processed online and automatically recorded in key reports. These reports include the Worksheet, Income & Expense Report, Rent Roll Report, and Tenant Payment History Report, ensuring that all transactions are tracked and easily accessible for both landlords and property managers. This automated system helps streamline the process, saving time and reducing manual input.

However, if a tenant’s bank account has insufficient funds and the rent payment fails, landlords will need to manually handle the situation. In such cases, you are responsible for collecting the overdue rent from the tenant and updating the transaction manually on the worksheet. This ensures that your records remain accurate, reflecting the current payment status.

By offering both automated recording and manual adjustments when necessary, SimplifyEm.com provides flexibility and efficiency in managing rent payments and financial reporting. This combination of automation and manual oversight helps landlords maintain control while reducing the administrative burden associated with managing rental properties.