Page Comparison

1. Set payment frequency

Identify the landlords that only wish to receive one payment at the end of the month

From the landlord record:

• In the Financial panel, click edit (pencil) icon

From the Landlord Financial Details screen:

• In the Accounts Details panel, click the link beside Payment frequency
  

• Set to Every 1 Months and set the Starting date to the 28th of the current month

2. Statement settings

The statement settings should be set as follows:

• Statement Frequency set to After Payment
  

• Send when net payment is zero, ensure this box is unticked

3. Landlord payments

The Landlord Payment Run will be processed twice a month

• Any landlords that are set to receive payment at the end of the month will be included in this process
  

• Ensuring these landlords are included in the landlord payment run allows for any fees or suppliers to be paid from available funds

4. ABA & Cheque Run

Any landlords where the payment frequency is set will not be automatically ticked - they will appear in red, and the status will display the date the next payment is due to the landlord

• When this date is met, the funds will automatically be ticked and included in the ABA & Cheque Run

5. Sending landlord statements

It is important to understand that generating any kind of payment to the landlord will trigger a statement to be sent

• Prepare Landlord Statements should only be run after the end of month payments have been processed
  
  This will avoid a landlord receiving a statement without a payment