Recurring income, expense, payments, and fees
Recurring property income and expenses
You can now add recurring income and expenses for properties. This is useful if you know that you'll have the same payment on a daily, weekly, monthly, or annual basis. For example, you can now setup a schedule that automatically adds a mortgage expense on the first of each month.
To setup a recurring income or expense for a specific property, follow these steps:
- View the property that you would like to add the recurring income/expense to
- Click the Actions menu and select "Add a New Income Schedule" or "Add a New Expense Schedule"
- Fill out the required income/expense and scheduling information and click save
Recurring lease payments and fees
On a similar note, you can now setup recurring payments and fees for leases. You can use the scheduling feature to add any type of recurring payment or fee to a lease. So, if you have a lease where you charge a flat monthly fee for water/sewer, you can do so automatically now.
To setup a recurring payment or fee for a specific lease, follow these steps:
- View the lease that you would like to add the payment/fee to
- Click the Actions menu and select "Add a New Payment Schedule" or "Add a New Fee Schedule"
- Fill out the required payment/fee and scheduling information and click save