Glossary
Rental Ledger
The source of truth for rental charges, payments, waivers, balances, and due status.
Definition
The Rental Ledger is the authoritative calculation of a rental balance. It combines charges, payment allocation, waivers, refunds, due dates, monthly rows, and running balances.
Core Calculations
- Total charged = sum of ledger charge amounts after waivers.
- Total paid = sum of payment amounts applied to ledger charges.
- Total balance = sum of remaining charge amounts.
- Past due balance = remaining balance for charges due on or before the evaluation date.
Data Sources
- Rental terms.
- Initial and move-in charges.
- Payment transactions.
- Charge adjustments and waivers.
- Refund amounts stored on payments.
Related Guides
Last Updated
May 2026