After all of your properties, tenants and leases have been entered into Buildium, it's time to enter any outstanding balances your tenants may have carried over from prior months.
When you first started with Buildium, the system had you choose an accounting start date. This date is when you want to start tracking your financials completely within the Buildium system. You'll want to enter any prior tenant balances as of the day before your accounting start date.
For example, if the accounting start date you chose is July 1st, you'd enter what your tenants still owed you as of June 30th.
Entering money your tenants owe
- Navigate to Rentals > Rent roll.
- Click on the lease that you'd like to enter a balance for.
- From the lease summary page, click the Financials tab.
- Click Enter charge.
- Enter information about the amount owed
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When you're done filling out the form, click Save to have the charge appear as a beginning balance on the tenant's lease ledger.
| Article #: | 111451 |