FAQ > Tracking Rents on Worksheet
Will SimplifyEm.com Property Management Software tell me my tenant is overdue?
Yes. SimplifyEm.com Property Management Software calculates the amount due for a tenant:
- Based on the lease terms you’ve set up and
- If the rent collection date has already passed, and the payment was not manually recorded on the Worksheet. There might be a difference between what you should have been paid, and how much you actually were paid. SimplifyEm.com Property Management Software will try hard to close the gap between the two amounts, and make sure you get paid everything you are owed!
If your tenant is late on rent, SimplifyEm.com Property Management Software will show the amount and overdue on and the date in red in the “Tenant Center” page. You can then mouse over to see how much the tenant owes you:
1. “Forgive Rent” to remove the red flag if you have forgiven the tenant for amount owed.
OR
2. Record the rent you have received by going to the worksheet. The “overdue” status from the “Tenant Center” page will go away once the entry is manually recorded on the Worksheet.
The rent status is shown as ‘Overdue’ if a tenant is late on rent on the “Tenant Center” page as well. You can send the tenant a ‘Late Rent Notice’ from the “Take Action” menu when they are overdue on rent.