Pro-Rata an Initial Rent Payment
Specify an initial pro rata rent payment to allow an ongoing rent schedule which does not match the move in date
Using the Pro Rata rent schedule type will add additional days at the beginning of the tenancy to allow the ongoing rent schedule to be based on a specific date within the month. The initial rent payment will include the days leading up to the specified 'Rent Day of Month' and the amount of months of rent payments upfront. This can be done as follows:
Navigate to the tenancy term details section
Select the 'Pro Rata' option in the 'Rent Payment Schedule'
Specify the number of months of 'Upfront Rent Payment' required
Select the Rent Day of Month'
Use the 'View Schedule' function to confirm the payment schedule is correct
Press 'Update Rent Details' button to confirm the changes
Note: Adjusting any tenancy data will not affect final tenancy agreements documents that have already been issued for eSign. The Final Tenancy Agreement task will need to be reissued in order to reflect any tenancy data adjustments.
If you need further help or information, please get in touch.
