Rent Calculator

Summary

If you have an owner or tenant who has queries regarding their rent amounts, whether it's about overdue rent, upcoming rent changes or payment frequency adjustments, check our Rent Calculator tool in the top toolbar.

This article covers:


Rent calculator

An excellent tool for cases where a tenant wishes to alter their rent payment frequency, providing you with the precise amount they need to pay.

  • Sign into your Palace database
  • At the top right-hand side of the screen, click the Rent Calculator
Rent-calculator.png
  • When you open up the calculator tool, you will see two fields, Amount ($) and Frequency
  • Enter a dollar amount and select which frequency is needed
  • Palace will take that figure and provide a further breakdown of that amount into various frequencies, i.e., Daily, weekly, monthly, yearly, fortnightly and four weekly
Rent-calculator__2.png
An excellent tool for cases where a tenant wishes to alter their rent payment frequency, providing you with the precise amount they need to pay.

Flexible dates

Property managers often face tenant inquiries about specific rent amounts. Utilize the calculator's flexible dates for a precise total owing figure, even accommodating partial payments. This aligns with the owing to calculation in the tenant details report.

  • Sign into your Palace database
  • At the top right-hand side of the screen, click the Rent Calculator
  • Click the plus sign to the right of Flexible dates to expand this area

Flexible_dates.png

Using the rent paid to date from our tenant details report, you can add the start date period to be the day after the paid-to-date and set the Period Start End date to match the end of the rent period in question.

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