Transaction payable by the tenant can only be added to the tenancy
Transaction payable by the owner can be added at all three levels
Recurring charges can be added when
Here we look at adding the recurring from property, unit or tenancy
Residential rent
When adding residential rent recurring’s your main focus will be the date the rent is due. This means your starting on and period start will be the same, in other words Arthur will create the transaction on the date that its due.
In the example below, we have created a monthly rental transaction due on the 12th of every month
Commercial rent
When adding commercial rent recurring’s you will focus on laying the transaction in on specific invoice date, this gives enough time to send off the invoice to the client before payment is due. In other words, your starting on will be earlier than your period start.
In the example below, we have created a monthly rental transaction invoiced on the 1st but due on the 25th of the month
Commercial or residential charged in arrears
When rent charged in arrears you will focus on laying the transaction in on a specific invoice date after the period the rent covers.
In the example below, we have created a monthly rental transaction invoiced on the last day of the month for that same monthly period.
7. Adding a transaction manually
Go to property, unit or tenancy>statement> add transaction
Contractors can post transactions within jobs.
This linked to:
How to handle incoming contractor invoices
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