Rent Manager exists to save you time, and our team is always working to ensure the software meets your business’ specific needs. As the property management industry continues to tread through new challenges presented by COVID-19, you and your employees are keeping a watchful eye on finances. With the national unemployment rate hovering around 15%, your business has likely experienced a stark increase in delinquent payments. Measuring and tracking these unprecedented delinquencies and comparing them to years past used to require running the Delinquency Report with varied date ranges a few different times. Users then had to flip back and forth between reports to accurately compare and contrast delinquent payment history.
Recently, we simplified this process and the reporting module just received three new, timely additions that are available to download from the Online Template Library. The new Property, Unit, and Tenant Delinquency Comparison Reports allow you to compare and contrast delinquency balances for different entities across two different date ranges, in one convenient statement.
In Rent Manager, navigate to Admin à Online Template Library to download and start utilizing these timesaving resources right now.
Property Delinquency Comparison Report
The Property Delinquency Comparison Report compares delinquency balances for selected properties across two specified date ranges. The report also shows total charge amounts over the periods, as well as the percentage of those charges that were paid.
Unit Delinquency Comparison Report
The Unit Delinquency Comparison Report compares the delinquency balances of units at the selected property between two specified date ranges. The report derives data from charges posted within the specified time period.
Tenant Delinquency Comparison Report
The Tenant Delinquency Comparison Report compares the delinquency balances of tenants at the selected property between two specified date ranges. The report looks at charges posted within the specified time period.
These reports provide valuable insight into delinquent payment trends at all property, unit, and tenant levels. We encourage you to check them out today!