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Real Estate
How to create a lease and collect rent
Create a lease for a vacant unit, generate the rent schedule, record payments and waive instalments.
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- Create a lease with a tenant and a vacant unit.
- Choose the payment frequency: monthly, quarterly, semi-annual or annual.
- Vrodux generates the rent schedule, and the instalments always add up exactly.
- Record payments against instalments as they arrive.
- Waive an instalment if you agree to.
- Take advance rent at signing. It is applied across the instalments in order.
Rent can be posted to Finance through the Integration Center.