Landlord payment run

Owned by
Fiona Wilson
Last updated: Mar 01, 2023
3 min read

This guide has been reviewed against our global client base and classed as relevant to all regions

Landlord payments are processed in bulk - the Landlord Payment Run creates payments for landlords and creditors

Where there is rent due to be paid to the landlord or where funds are available to pay invoices will be displayed here

1. Landlord Payment Run

From the Lettings/Rentals menu:

  • Click Daily Accounts Processes and select Landlord Payment Run

  • Click Print to see a summary of all landlords displayed on the Landlord Payment Run

  • If you only want to see the landlords who are ticked/selected, tick Only show selected Rows

2. Landlord Payment Breakdown

This report can be produced and sent to the Property Managers for approval, prior to making landlord payments

  • The Credit column displays the amount received to the landlord such as rent or refunds

  • The Debit shows what is due to be paid, and Payable shows the amount of credit/debit being paid

  • The total amount payable to the landlord is displayed, as well as any money being held or paid from Float

 

3. Reviewing the landlord payments

For a full breakdown of the payments to be made to the landlord

  • Double-click the relevant line, or click Print and select Print Report to review before updating the payment run

 

4. Excluding a landlord from the payment run

From Landlord Payment Run:

  • Unticking a landlord excludes the payment from the current payment run
    You will also be prompted to put a block on payments related to this landlord

  • Click No 
    The landlord payment will be ticked again next time the screen is opened

Putting a block on a landlord

5. Creating the Landlord Payments

From Landlord Payment Run:

  • When all payments to be created are ticked/selected, click Post
    The payments will now be waiting on the BACS/ABA and Cheque run to be processed through the bank

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