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Question

I have some leases with multiple monthly charges, but they add up together as one item on the statement

  • December 5, 2022
  • 0 replies
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RE: LEASE/CHARGES

I have some leases with multiple monthly charges, but they add up together as one item on the statement. Am I missing how to separate these charges so they appear seprate and not together?

For example, in very simple terms: Let’s say this tenant pays two monthly charges per month:

Rent $5

Tax $5

I want these to appear just like this on our monthly statements, but instead they are added up as one item and looks like this:

Lease Billing $10

How can I get these to appear as two separte charges? Because it’s very confusing for some of our tenants. Or is there another way to do multiple monthly charges?