Rent

This gives information about the rent payable for the property, the payee, VAT status, payment dates, bank details and whether the rent is on hold. This information is used to create the rent roll. Any sublet income will show up automatically here, this information coming from the Property Interest section.

If you click on [Edit] then you will be able to edit the rent payment details (if you have been given edit rights) or put the rent on hold. If entering data for “payment to” the payee must be set up within “Companies” before linking. The bank details for the recipient enable the exact name of the rent receiver’s account to be recorded. These can be accessed by clicking on Bank Details for recipient.

If you click on [View ]then you see 3 tabs showing the rent details, the events relating to rent and the individual rent payments if using the enhanced rent roll facility. Manual rent payments can be entered here if required. Only those given rent edit rights can make amendments to the rent page.

If there is more than one property interest for the property, then the rent will show up within its own tab, along with a summary tab totalling the individual rent obligations.

To add and view Rent select a property from the Property List form and click on [View]

This opens up the Property Details View –

To enter or change click on [Edit]

Click on [View] on the Property Details >> View page to see the property details, events and payment history.

On these forms you can [Edit] the rent details, add a [New event] and/or a [New payment]