This step will create a recurring invoice in PayProp for monthly rent and, if necessary, an additional single invoice for any pro-rata rent.
Recurring rent
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Frequency * | Select a payment frequency from the dropdown menu. E.g. weekly, monthly, yearly, etc. PayProp has more options for invoice frequency than Reapit, so select the correct option for the tenancy. |
Due on day * | This option selects the day of the month the tenant invoice is due. If you select 31, this will automatically adjust to the last day of the month. |
Recurring rent invoice start date * | Changing this date will determine when the tenant starts receiving recurring rent invoices. This should only be changed if you need to delay invoicing for longer than one rental period. For example, if you have a monthly rent and are adding the invoice more than one month in advance. |
Rent amount * | The amount to be charged each month for rent. |
Description * | Free text which allows you to enter what the tenant is being invoiced. This will be displayed on the tenant invoice and tenant statement. |
Enable Direct Debit payment | Check this if payment will be collected by Direct Debit. This will send a Direct Debit mandate form to the tenant, and payment cannot be taken until they have completed it. |
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