Early Payments

Each night at midnight, Street will check for any upcoming recurring charges that are due within 7 days and will then generate the charge on the tenancy ledger as an 'upcoming charge'. This process allows you to manage early payments from tenants so that you can pay the landlord in advance.

Additionally, it is also possible to manually generate a recurring charge that has a due date greater than 7 days should you need to.

When receipting money via Receipt and Reconcile, you can quickly view any upcoming charges on the tenancy ledger by clicking the 'view ledger' button.

If you have the allocate to upcoming charges setting turned on, money will automatically be allocated to any upcoming charges on the tenancy ledger.

You can also control if these charges should be allocated to by clicking the 'change allocation' button. You'll see the charge highlighted as 'upcoming' making it clear that the charge isn't actually due yet and can then untick if you don't want to allocate to.

An individual ledger will also show the details of any upcoming recurring charges (that are due within 7 days).

At the top of a ledger the actual balance will remain unaffected by any upcoming charges so you can clearly identify the current balance of the ledger. However you will see the 'pending balance', highlighting what the balance will be when that charge is actually due.

The upcoming charge will appear in the ledger entries section, with it's due date showing, as well as an 'upcoming' banner next to it, highlighting that it is not yet due.

If the upcoming recurring charge is on a tenancy ledger, you can also allocate to that charge directly from the ledger by clicking the three dots on the right hand side > allocate to charge, if there are unallocated funds available:

If the upcoming charge is on a contractor or owner ledger, you would allocate money to it via the 'allocate funds' stage.

Should you need to generate a recurring charge earlier than the system's automatic 7 day window, head to the ledger and click view > recurring charges > click the three dots on the right hand side > click 'generate next charge'.

This will force that next charge to generate on the ledger immediately, allowing you to allocate to it early.