New Column on Tenancy Ledger to show Number of Days and Amount of Arrears
Rather than having to go through a tenant's ledger with them, it would be handy for tenants to have the number of days and amount of arrears displayed on the tenancy ledger, also perfect for property managers processing tenancy applications with ledgers from other agents using Property Tree. No need to go through every transaction in the ledgers if these are displayed, makes life easier.
Hi Supporters, thanks so much for all your responses! We are getting close to having this ready for our development team. I'm hoping for a little bit more feedback if you have any on the following -
1. An option when you generate the ledger for "Showing Transactions Only" (so cutting out the other items such as when invoices are entered). However, this would show credits as well. Although credits are not transactions these affect amounts due by the tenant. This would keep all of the current tenancy ledger columns.
2. Also an option to Show Rent Arrears Details (so a running total for arrears and the days in arrears). When this option is selected and generated we would replace other ledger columns to then display the additional rent arrears details. Inserting more columns into the current tenancy ledger has been a challenge with the amount of information currently there. The rent arrears information would show rent only transactions and credits by default so that it had an easy to follow running tally of the rent arrears/days in arrears.
These additional options would be available when you are generating an individual tenancy ledger and gives you the choice of the information you want to see. Whether you want a full ledger, or you are wanting to see transactions only, or wanting to see rent arrears information to help explain details to a tenant etc.
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Mickeeley Smith commented
Please create an arrears column in the tenancy ledger!! Other software on the market has this column and it shows how many days in arrears and when. It is next to the balance column. It makes everything so much easier, makes so much sense, allows you to see exactly how many days tenants are in arrears and when they fell into them, and provides more clarity for them on when it happened promoting them to rectify this. Property tree would be perfect if it had an arrears column in the ledger!
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Alisa Martin commented
The tenancy ledger should have a "current rental balance" column - to show what the actual balance is, at the time of each payment (whether they still owe rent, or are in credit).
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Paige Jeanneret commented
By adding a category of 'days in arrears' on the tenancy ledgers, you can clearly see how many days the tenant is behind without going through each payment, line by line.
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Zackary Stereff commented
Have an arrears column on the ledger to show how many days of arrears the tenant have been in or were. like property me ledgers
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AdminAngela Sutton (Admin, MRI Software) commented
Ability to show the number of days in arrears when payment was made, and how much was due/due date. On the ledger would be beneficial as there is no need for the debit/credit/balance column, only one column is needed to record what has been paid