Setting up Late Fees

How to Set up Late Fees

How to Set Up Late Fees

From the Tree View:

  1. Expand Resident
  2. Select Residents from the Drop-down list
  3. Search for the Resident by Entering in the Street Name or the Last Name of the Resident
  4. Then click SEARCH
  5. Select the Resident Detail Link from the list that generates
  6. Enter, Change or Update Rental Rate, Rent Due Date, Grace Period (based on the signed lease or any amendments made to the lease).
  7. The Base Late Fee, is the initial amount charged for being late (either a flat fee or it can be a percentage calculated off the Rent amount), while the Daily Late Fee is the amount charged on a daily bases accruing until the rent is paid (this is above and beyond the Base Late Fee).
  8. Then, click SAVE

Click Here to Learn How to Apply Late Fees