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