Arthur allows a custom rent collection frequency to be set up outside of normal frequencies used in the industry.
When adding a tenancy please note that Page 2 of add tenancy screen defines contract rent i.e what the contract defines and is not related to how you collect. Page 3 defines how much rent is collected and how often. Applying a frequency custom or regular simply defines how much the amount is to be multiplied by.
To set up a bespoke frequency go to preferences >>fianancial> custom frequencies
Import a frequency
Import a pre-created frequency such as English legal quarter (For Scottish quarter days use normal quarter and adjust the dates)
Add a custom frequency
Choose Calendar months then add the rents.
The multiplier takes the rent (daily, weekly, monthly) and multiplies it for that collection
£Rent amount * Frequency = £Total rent amount due for that period
For example, if you collect rent 3 times a year based on multiple weekly rent. So for example, if the rent is £15,000 annually then the weekly amount is £288.46.
When adding the tenancy refers to page 3 above and ensure the amount entered is the amount you want
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