You can add automatic charges to a landlord or tenant within the tenancy, to charge on a specific date/ during a tenancy stage.
Search for the tenancy in the search bar at the top or you can click into the LETTINGS tab, and then select the TENANCIES button.
- To add/ view auto charges on the tenancy chose the AUTO CHARGES on the left hand ladder.
- To add, click onto the top right hand add button. You will then see this screen:
Type- You can choose whether to charge a percentage amount or a fixed fee.
Amount- Either a percentage or the amount you’d like to charge (excluding VAT)
Person Type- Who You’d like to charge.
Apply To- New tenancies or renewals.
Apply When- choose a tenancy stage, or select fixed date from the dropdown.
Offset Type- If you’d like the charge to be called earlier/ later than the previous dropdown.
Offset Days- if you have selected an offset type, then you need to tell the system by how many days.
Branch- Which branch to apply the charge to.
Sales Account- The sales account you’d like the charge to be applied to.
Nominal Code- this is used if you use accountancy software with LetMC
Description- this will appear on the landlord/tenant statement account.
Recurrence Type- How often you’d like the charge to be made due.
Recurrence- How regularly during that period you’d like the charge to be made due (for example once a month it would be monthly, 1)
Minimum Calculated Charge For Whole Tenancy- This is if you have a minimum you’d like to charge (usually used for percentages)
Restrict To Rooms- You can select for the charge to be applied for properties with a particular number of rooms.
- Once you have filled out this form, you click SAVE AND CLOSE to complete.
This is how the auto charges will look, active charges will be highlighted in Green
- If you wanted to, you can delete the charge so it no longer applies. To do this you click onto the Actions button on the charge, and select Delete charge, the charge will then be removed from the list.