Set up automatic late fees

Stop chasing late rent by hand — here's how to configure grace periods and automatic late fees per property.

1

In Payments, open Late fee rules — rules apply per property, so different buildings can differ.

In Payments, open Late fee rules — rules apply per property, so different buildings can differ.
2

Set the grace period and fee — a flat fee after 5 days is the most common setup, but percentages work too.

Set the grace period and fee — a flat fee after 5 days is the most common setup, but percentages work too.
3

Click Save rules — fees now post automatically on day 6 and appear on the tenant's ledger with a notification.

Click Save rules — fees now post automatically on day 6 and appear on the tenant's ledger with a notification.