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Help guide › Long-term rentals

Rent and invoices

Monthly invoices, rent paid online or recorded by you, reminders and late fees. Free.

Long-term leases → Rent

Invoices appear 15 days before each due date: a prorated first month when the lease starts mid-month, then the first of every month. The day after the due date an unpaid invoice is overdue; once the grace period passes with rent still owing, the late fee posts once. Any payment makes the invoice partial, full payment paid.

Rent a tenant pays online is recorded on the invoice for you, marked online. A bank payment takes a few business days to clear; until then the invoice shows Processing and the tenant cannot pay it twice.

The month view shows billed, collected, overdue and coming due, the invoice list with payment history, Record payment and Void (for invoices nothing was paid against), and a warning when earlier months still carry a balance. The rent roll lists every unit with tenant, rent, term, dates and balance, vacant units included, with CSV export.

  1. Press Record payment on an invoice, enter the amount, date and method.
  2. Each payment books a revenue line in Financials, so rent shows in the P&L and tax summary.
  3. End lease voids unpaid invoices for later periods and leaves anything owed open.
  • Everything on this page is free on every plan; long-term rentals never count toward Pro.

More in Long-term rentals

  • UnitsEach long-term property has one or more units that leases attach to.
  • Smart locks for your unitsTenant codes, showing codes and agent or vendor passes on a smart lock: $7 per lock per month, no Pro needed.
  • TenantsPeople on your leases, with contact details and the unit each one holds.
  • Leases and e-signingThe lease record, your own lease text as a template, and electronic signatures.
  • Renewals and addendaRenew a lease, change the rent from a date, and sign extra documents alongside the lease.
  • Rental applicationsA public application form per unit, a list to review, approve or decline, and the chosen applicant turned into a tenant with the lease prefilled. Free.
  • Online rent and the tenant pageTenants pay by bank transfer or card, with autopay, straight to your bank; their page also has receipts, the lease and repair requests.
  • Long-term FinancialsThe same ledger read through a landlord’s eyes.

Something missing? Press “How this works” on any panel in the app, or write to support@rentalhand.com.