Property Managers have devised numerous ways to charge late fees. Until, now your software program has dictated which method you use. The Tenant File late fee section covers many ways for you to handle late fees, giving you the choice and flexibility to choose your own method.
How do you charge your late fees? Do you have a fixed charge? A percentage? A grace period? The Tenant File can handle all of those options plus a lot more. You can even charge a fixed charge PLUS a percentage, add a per day charge (fixed or percentage), and use any grace period that you wish.
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