Finance
Rent ledger
Record rent received, spot arrears early, and keep a clean trail for tax returns and Section 8 claims.
What it is
Every active tenancy has an expected monthly rent and a rent check day. Each month, you record whether the full amount arrived, a partial amount arrived, or nothing did. The system builds a rent ledger — a running record of expected vs received, so you can see arrears at a glance.
Why it matters
You need this for three reasons:
1. Tax returns — HMRC wants gross rent received in the year.
2. Section 8 ground 8 — to evict for rent arrears you need at least 2 months unpaid; the ledger is your evidence.
3. Cash-flow visibility — knowing how exposed you are right now if a tenant stops paying.
What to do
When rent lands in your bank, hit + Log rent payment, pick the tenant and confirm the amount and date. If they paid less, record what came in — the ledger flags the shortfall as arrears. If nothing arrives by the due date, status will move to overdue automatically.
Total arrears
£0
Tenants in arrears
0
Payments logged
0
By tenant
No active tenancies with rent-check enabled. Edit a tenant to turn on rent checks and set the monthly rent.