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Different dates for tenancy, payment start and income start

Tips and advice on how to use Landlord Vision.
raaraa
Posts:10
Joined:Sat Sep 03, 2016 3:48 pm
Different dates for tenancy, payment start and income start

Postby raaraa » Sat Nov 12, 2016 8:57 pm

I am trying to work out how to record a tenancy in the following circumstances:

Property purchased 26th October.

Sitting tenant has a tenancy that started 1st August.

Rental payments are from Monday to Sunday.

If I record the tenancy having payment start from 26th October, the rental payments run from Wednesday to Tuesday.

How do I set it up so that the payments to me start on a Wednesday (26th Oct) as a partial week payment, but then continue from Monday to Sunday?

Thanks!

roy
Posts:80
Joined:Tue Aug 23, 2016 11:38 am
Location:United Kingdom

Re: Different dates for tenancy, payment start and income start

Postby roy » Mon Nov 14, 2016 9:14 am

Hello

You can create an irregular payment to cover this. In the Edit Tenancy screen, set the first line to be the 26th - 30th October as an irregular payment and then press the add button to the right of that entry to create a new line. Then start your weekly payments from the 31st

Kind regards

Roy


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