Rent refund pro-rated


pieter krige | email Mar 9 2016, 11:47 PM
Morning. I have an issue regarding a pro rated rent and lease cancellation. What I have is a tenant moving to a another unit within a building, with a new rent price and he moved the 10th. The new lease pro rated the accounting entry fine, but his previous lease, ending on the 9th then, did not create a cancellation entry to his name. Is there a way to the determine the pro rated amount for the cancelled lease automatically?


Stephane Grenier | email Mar 10 2016, 05:39 PM
Hi Pieter,

That's correct, the software does not yet offer a method to pro-rate a cancelled lease, this has to be done manually.

That being said we are always looking to improve the software and I have added your request to our Idea Initiative Program which is where all user submitted requests are recorded and continually revised. Thank you for the suggestion, it is appreciated.

Regards,
Stephan Grenier
Founder
LandlordMax Software Inc.
http://www.LandlordMax.com
http://www.FollowSteph.com


This topic is closed