{"id":14448,"date":"2020-12-08T13:00:23","date_gmt":"2020-12-08T21:00:23","guid":{"rendered":"https:\/\/www.rentecdirect.com\/blog\/?p=14448"},"modified":"2020-12-08T13:00:23","modified_gmt":"2020-12-08T21:00:23","slug":"update-tenant-portal-amount-due","status":"publish","type":"post","link":"https:\/\/www.rentecdirect.com\/blog\/update-tenant-portal-amount-due\/","title":{"rendered":"Product Update: Customized Tenant Portal Amount Due"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14450\" src=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/Product-Update_-Customized-Tenant-Portal-Amount-Due.jpg\" alt=\"Product Update: Customized Tenant Portal Amount Due\" width=\"950\" height=\"558\" srcset=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/Product-Update_-Customized-Tenant-Portal-Amount-Due.jpg 950w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/Product-Update_-Customized-Tenant-Portal-Amount-Due-300x176.jpg 300w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/Product-Update_-Customized-Tenant-Portal-Amount-Due-600x352.jpg 600w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/Product-Update_-Customized-Tenant-Portal-Amount-Due-768x451.jpg 768w\" sizes=\"(max-width: 950px) 100vw, 950px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">During the week of December 14th, we are updating the calculations used for the balance due on the tenant portal summary page. The new summary page will provide you more flexibility in what your tenants see when logging into the tenant portal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, the summary page will show a value for &#8220;Total Currently Due&#8221;. This value tries to take into account any past due balance, plus upcoming charges. For many property managers, this works perfectly well; however, for some, it might create a misunderstanding for the tenant in how much is due if there are other ancillary upcoming charges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To accommodate the widest possible number of scenarios, we are adjusting how the value is calculated. The new calculation will, by default, look 14 days into the future and include any upcoming charges. Previously the summary page only showed a singular upcoming rental charge, the new method will include all upcoming charges. If your tenant rents more than one unit or has other upcoming charges (parking space, storage, etc) those will all be included in the balance due and thereby provide a more accurate representation of what they owe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Depending on your rent payment policies, you can adjust this 14-day look-forward setting at Settings, Program Defaults.\u00a0 Look for the setting labeled &#8220;Tenant Portal: Number of days to use for &#8220;balance due&#8221; messaging?&#8221;.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14449\" src=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/payments.png\" alt=\"Rentec Direct payments\" width=\"844\" height=\"375\" srcset=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/payments.png 844w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/payments-300x133.png 300w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/payments-600x267.png 600w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2020\/12\/payments-768x341.png 768w\" sizes=\"(max-width: 844px) 100vw, 844px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Here are a few different scenarios for this option:<\/span><\/h2>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you have the system set to generate invoices early so a tenant knows what their upcoming rent amount is going to be, then we recommend setting this value equal to or greater than that amount.\u00a0 Most property managers generate invoices 10 days early, so a setting between 10 and 14 would work well in that case.\u00a0 With this setting, the tenant will see at a glance their balance that includes the upcoming charge.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you do not want a tenant to see their upcoming charges and have the Balance Due figure be only what is due for them today, then set the value to 0.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you want the balance due to include all future charges, even if those future charges are far into the future, set the value to 999999.<\/span><\/li>\n<\/ol>\n<hr \/>\n<h3><b>RELATED READING FOR YOU:<\/b><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/1099-nec-and-1099-misc-changes-and-requirements-for-property-management\/\">1099 NEC and 1099 MISC Changes and Requirements for Property Management<\/a><\/li>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/questions-to-ask-your-accountant\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bookkeeping Reminders and End of Year Questions to Ask Your Accountant<\/a><\/li>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/product-update-november-2020\/\">Rentec Direct Product Development Update: Made Live in November 2020<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>During the week of December 14th, we are updating the calculations used for the balance due on the tenant portal summary page. The new summary page will provide you more flexibility in what your tenants see when logging into the tenant portal. Currently, the summary page will show a value for &#8220;Total Currently Due&#8221;. This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14450,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"iawp_total_views":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,725],"tags":[16364,16363,610,7039,60],"class_list":["post-14448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-update","category-property-management-software","tag-balance-due","tag-customized-tenant-portal","tag-product-updates","tag-software-updates","tag-tenant-portal","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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