Posted on January 6, 2021
Catching a missed rent payment has always been vital in assisting in staying on top of rent arrears. So RentHQ has taken the first step to making that job easier.
There is now a Missed Rent tab on the dashboard screen. This contains similar information to the existing Missed Rent report.
Missed rent is defined as the number of days since the last rent payment recorded is greater than the length of the rent period. For example if the rent frequency is 1 week, then the payment is deemed to have been missed if it is 8 or more days since the last payment recorded for that tenant.
Naturally your rent receipt records have to be kept up to date for this feature to provide accurate to information.