Monday, March 3, 2014

Features and Updates for March

This month we have some really exciting new features including Payment Advances.  Do you ever pay your owners even though rent is late?  If you're holding the tenant's security deposit then with Payment Advances you can advance the owner their monthly proceeds against the receivable rent.  The rent charge will still show up as unpaid and Rentables will automatically settle the advance when rent is actually received.  Of course, you can still explicitly pay rent from the tenant's security deposit if you prefer.
  • Payment Advances - streamlined accounting for advancing owner proceeds
  • Inactive List - mark properties as inactive and unclutter your views
  • Late Fee Calculator - auto calculate late fees as a percentage of rent
  • Rent Email Reminders - automatically send tenants reminders that rent is due (contact support@rentables.com to have this feature enabled)
  • Updated Rents Worksheet - our handy offline worksheet for tracking money received and owner proceeds paid just got better (Reports → Rents Worksheet)

Could we be doing something better? Let us know.

3 comments:

  1. The best explanation and update of march.This blog is really helpful and informative for me.If you are looking to buy an online Uk Essay Writers service at a cheap rate turn out to the master essay writers for all the academic work.

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  2. Payment Advances are a game-changer for property managers dealing with delayed rent payments. This feature allows owners to receive their proceeds promptly, even if the tenant's payment is overdue. The system smartly manages the advance, ensuring transparency and automatically settling it when the actual rent arrives. It's a practical solution that aligns with the dynamic nature of property management, offering flexibility without compromising financial accuracy. Cheers to Rentables for staying ahead with these impactful updates!
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  3. The ability to track rental applications and tenant screening directly within the Rentables platform is fantastic news! Simplifying this aspect of the rental process will save property managers a lot of time and effort. Thank you for listening to your users' needs and implementing these improvements.
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