You will have the ability to create a pro-rata rent invoice should your review date fall outside of the payment cycle of your tenant, the system will also create the applicable invoices should you perform the review at a later date after the invoices have generated & be paid at the old rate.


When there are no previously generated invoices that cover the rent period the review date falls in or any rent periods following that. 





Perform this rent review from the Dashboard or within the Rent Reviews tab of the tenancy.  





1. Click Perform Review

2. Select Yes dropdown under Has the Rent Changed

3. Enter the new Amount or confirm the Increased Percentage 

4. Enter any Notes required

5. Click Continue 




This screen explains the updates to the rent that will be applied. The top section shows the charges that will be applied for the prorated period at two rates, the old rate from the start of the period to the day before the review date. The second from the review date to the last day of the rent period at the new rate. Below the details of the new rent template are displayed which will come into effect on the following rent period.

Example; Absolute Accounts rent review date is the 30/4/20 however their rent is due on the 15th of each month. By preforming the review the system will create the following invoices; 30/4/20 -14/5/20 - covers the pro-rated portion to keep in line with the pay cycle of rent being the 15th of the month
15/5/20 -14/6/20- covers the new monthly increased amount


Click Continue to proceed




A rent template is then created for the prorated period, with two line items to charge the period at the old rate and the period at the new rate. Click Save




The new rent template is then created at the new rent rate. Click Save





When there are previously generated invoices that cover the rent period the review date falls in or any rent periods following that.


Perform this rent review from the Dashboard or within the Rent Reviews tab of the tenancy.  



1. Click Perform Review

2. Select Yes dropdown under Has the Rent Changed

3. Enter the New Annual Rent Amount

4. Enter any Notes required

5. Click Continue 



The next step creates the new rent template at the new rate. This starts from the next rent period to be invoiced. Click Save




This step reviews any invoices that have already been generated past the review date. 


For the prorated rent period where the review date falls in you will see two lines. The first line shows the days from the first day of the rent period to the day before the review date, which is charged at the old rent rate. 


The second line is from the review date to the last day of the rent period, which is charged at the old rate. You can see the amount that was previously invoiced, the amount that should have been invoiced and the difference that still needs to be charged.


Any other future dated invoices are also displayed, with the difference still to be charged. 


Click Create Invoice or Skip 



An invoice can then be generated to charge the differences for the prorated period and the periods following that have already been invoiced at the old rate.


Click Save as DraftSave & Submit for Approval or Save & Approve