Payment Tracking & Rent Collection
Master the payment tracking system to efficiently manage rent collection, mark payments, and monitor outstanding balances across all your properties.
Understanding Payment Tracking
Roomazon’s payment tracking system automatically generates payment schedules based on your tenant lease information. Here’s how to use it effectively:
Automatic Payment Schedules
When you add a tenant with lease details, Roomazon automatically:
- Creates monthly payment records based on the rent amount
- Sets due dates according to the lease terms
- Tracks payment status for each month
Marking Payments as Received
When tenants pay rent, simply:
- Navigate to the Payments section
- Find the payment record for the tenant and month
- Click “Mark as Paid”
- Enter the payment date and amount received
- Add any notes about the payment method
Editing and Undoing Payments
If you need to make corrections:
- Click “Edit” on any payment record
- Update the amount, date, or notes
- Use “Mark as Unpaid” to reverse a payment if needed
Rent Roll Overview
The dashboard provides real-time rent roll calculations showing:
- Total expected rent for the current month
- Amount collected so far
- Outstanding balances
- Collection rate percentage
Payment History
View detailed payment history with:
- Monthly filtering options
- Pagination for large datasets
- Export capabilities for record keeping