Better Manage Rent Paid Significantly in Advance
Either a report, receipting alert or similar should be available to notify the agency of tenants paid several weeks in advance, to keep track of tenants paid significantly in advance, when this occurs over an extended period of time (and not in a bulk tenant payment where we would instead release the funds to the landlord periodically, being when rent is due).
E.g. a tenancy of 20 years is paid 3 months' in advance and funds have been released to the landlord as usual. This is problematic for payment of rates or if the tenancy ceases prior to the paid-to date, as funds must be requested of and returned by the landlord.
It would be beneficial to have a way of keeping track of such paid-to dates easily, without having to manually check each tenancy.
Caitlin Ferry
shared this idea
This can be generated via The Tenancy Lease Dates report or via Business Insights. For Tenancy Lease Dates - Remove the lease dates and search, this gives you all tenancies, and then use the paid to date column to sort by ascending/descending (just click on the title of that column and it will sort for you) - this will bring those tenancies paid well in advance to the top of the list. If you cannot see the paid to date column use the 3 dots to the right of the report list and you can select it (and many others) to display. This particular report can be used for so many things as it can display all tenancies. For Business Insights, you can create your own reports - there is a free version of this feature and once a report is created it can be saved so you can view it any time you want to see that information - check out the help file https://propertytree.elevio.help/en/articles/93158
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Lyndall Bates
commented
That is a great idea!
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Shae Skippen
commented
Would be a great addition!
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Tara Moorman
commented
We'd Love This!
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Shane Smith
commented
Great idea.