In the Tenants section, you have access to the tenant balance detail.
The tenant balance is the result of following elements:
- Prepaid rents (as indicated in the Tenancies page)
- Rent payments (as recorded in the Finance page)
- Reconciliation of charges done in the period
- Tax refunds where applicable.
The Tenant Balance can be used for payment deferments. Depending if it is positive or negative, the rent will be increased or diminished.