After you receive a rent payment, the details of when it was received and how much was received can be filled out on the rental invoice so that there is a paper trail. Some landlords use the rental invoice as a type of rent receipt. You can add these fees into the statement so that the tenant can see the details of what they owe and why. This is also a great thing to do when your tenant has fees that they owe you such as late fees. Rather than estimating the cost, you can let them know the exact utility cost and have them pay you once per month rather than multiple times. Using the document in this way is great when you have a number of utilities that must be divided between different tenants. Once the tenant receives the statement, they would be responsible for paying you the total amount due by the due date on the rental invoice. In this situation, you would fill out this rent statement with all of the applicable charges and then give the completed document to the tenant. Let’s go through the two main scenarios that match with our templates to help you gain an understanding of how you can use these flexible documents to benefit your business. There are a few different ways that rent statements and invoices are used. The summary of all of these amounts is then given to the tenant to let them know how much they owe and when it must be paid by. ![]()
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