Tenant's Account

Once a Pre-Tenancy or Tenancy has been created Acquaint will generate a number of financial transactions that detail the charges and payments Received. These can be viewed against the Contact on the Account screen.

https://www.youtube.com/watch?v=OJ2sWeynfto

 The important information is:

• Debits are charges owed by the Contact.

• Credits are payments received from the Contact.

See how the Tenancy appears in the Landlord's Account screen.

To understand the Accounts screen in more detail an example scenario has been created below. Here a £50 Credit / Reference check raised(Debit) and paid(Credit), a Debit for the Deposit of £865, the 1st month’s Rent of £750 raised(Debit) and paid(Credit). Followed by the remaining 5 months unpaid Rent (shown as Debits).

All Transactions have been created in the Client Account. The Deposit will be transferred at a later date to the Deposit Account.

When you pay a rent in the future Acquaint will ask 'Do you if you want to pay the Landlord now?