For property managers
How rent charges are created each month
Every month, the rent a tenant owes is recorded as a charge on their lease. That charge is what the balance, reminders, and statements are built on. Here is how it gets there.
The short version
- Wealtharu can post each month's rent automatically, once a month, for every active tenancy.
- You can also post the current month yourself with Post this month's rent on the lease.
- Posting is safe to repeat. The same month is never charged twice.
Automatic monthly rent
When automatic rent charges are turned on for your account, Wealtharu posts the current month's rent for every lease that is in an ongoing tenancy. The amount comes from the lease's monthly rent, and the due date comes from the lease's rent due day. You do not have to do anything.
This runs for leases that are active (including month-to-month, renewal, rent-change, notice-given, and eviction). It does not run for:
- a lease still being set up (before move-in), because first month's rent is collected at move-in,
- a lease that is winding down or ended (moving out, settled, archived),
- a lease with no monthly rent set (zero rent).
Post this month's rent yourself
On a lease, open the Money tab and find This month's rent. Select Post {month} rent and confirm. The charge appears in the lease's charges right away, and the tenant's balance updates.
If the month is already posted, the section says so and there is nothing to do. Posting again never creates a duplicate.
First month and move-in
First month's rent is collected when you run the move-in (it is part of the move-in payment, along with deposits). So the automatic monthly rent skips the first month on purpose. You will not see a second charge for the same month. The next month onward is posted normally.
Why isn't this month's rent showing?
- The lease may not be active yet (still being set up, or already moving out).
- The lease may have no monthly rent set. Set the rent on the lease, then post it.
- Automatic rent charges may be off for your account. You can still post the month yourself from the lease's Money tab, or ask your account owner to turn automatic rent on.
Good to know
- Generated rent is a normal charge. It flows into the balance, arrears aging, reminders, dunning, and the rent statement like any charge you post by hand.
- This is tooling to help you keep the books, not tax or legal advice.
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