Search results for Online Payment Processing
175 articles found
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Getting Started with RentReporters
Through the integration between Rentec Direct and RentReporters, renters and co-renters can use on-time rent payments to improve their credit scores. RentReporters is an integrated feature, with no
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Understanding Management Fee Payment Options
The Rentec Direct software program allows you the option to set management fees to automatically post as an expense to a property either as a monthly flat rate, a percentage of a tenants payment, or
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Credit/Debit Card Transaction Fees
The more options available for tenants to submit rental payments, the better. By making payment processing convenient for tenants, you can help ensure prompt payments, reduce late fees, and ensure
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Marketing Your Rental Through Online Listings
Marketing rentals with your Rentec Direct property management software is a quick way to present your custom presentation to a broad selection of listing sites which will help you fill vacancies and
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Financial Reports
Financial reports are crucial for compliance, accounting and bookkeeping, and tax purposes. Rentec Direct property management software provides Full Accounting and all the necessary reports for
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Print or Email a Tenant Payment Receipt
After posting a tenant payment, the software offers the option to print or email a receipt for that tenant payment. Enable or Disable the Print Receipt Option It is easy to activate or deactivate the
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Verify ACH Account Information & High Risk Options
As of March 19, 2021, the governing body for ACH processing (NACHA) requires verification of all newly entered tenant and outgoing ACH bank account information in a manner they term as 'commercially
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Add Vendors and Payees
Your Rentec Direct property management software also serves as a vendor management system. Tracking expenses for accurate bookkeeping, reports, and easy 1099 processing. Adding Vendors and Payees
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Owner Email Notification for ACH Owner Disbursements
Owner email notification for ACH owner disbursements allows you to automatically notify your owner clients via email when you send an owner disbursement by ACH. As a property manager, you are
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Tenant Resources for Rentec Direct Clients
We know landlords and property managers are busy so we’ve put together these useful resources designed for Rentec Direct clients to help communicate important information with their tenants. Tenant
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What are Fair-Use Overage Fees?
Rentec Direct has a very simple pricing model with most services bundled into the monthly subscription cost. Some services, such as ACH processing and electronic signatures, are billed to Rentec
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Automatic Rent Escalation
Instead of manually updating a lease amount in the system, you can save time by using the Automatic Rent Escalation feature to do that task for you. You can add in an Automatic Rent Escalation when
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Remove Convenience Fees From Trust Account
The software allows you to set and charge tenants a transaction convenience fee for using an online payment option. Those fees are atop their payment amount and are deposited in the account as
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Using Your Own Domain For Your Website
Rentec Direct property management software provides free website hosting when using provided templates. With that website, you can point your own domain (ie. www.yourcompany.com) to our servers and
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1099 Tax Filing | Federal and State E-filing and Print Options
Through Rentec Direct, you can file owner and vendor Federal and State 1099-MISC and 1099-NEC forms electronically and use the service, which will mail copies to the owners and vendors on your
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Add Property Managers
An unlimited number of managers and users can be added to Rentec Direct PM accounts. This option is especially useful if you have separate maintenance or marketing managers who will be direct
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Transfer Funds Between Properties
Transferring funds between properties owned by the same person may be an alternative to requesting an owner contribution to offset a negative balance. You can automatically or manually transfer funds
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Tenant Security Deposits
Rentec Direct property management software helps you keep track of deposits for your tenants via a separate deposit ledger to ensure these deposit funds do not get mixed in with regular rent payments
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Tenant Screening | Credit, Criminal, Eviction, SSN Validation
Credit Reports can provide valuable information about an applicant's financial responsibility and help landlords and property managers make well-informed decisions in tenant selection and
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Rent Discount | Tenant Credit, Concession, Write Off
For various reasons, you might find that you want to discount a tenant's monthly rental charge or post a credit to their account. Rental discounts are also known as concessions, write-offs, and
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Add Owners
The PM version of the Rentec Direct software allows you to track all the transactions related to managing an Owner's portfolio of properties, including electronic owner disbursements, 1099s, owner
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Add Roommates, Secondary Tenants, Co-Renters
Rentec Direct property management software makes it easy to add Roommates or Co-Renters once the primary tenant has been moved in. Note: Learn more about how to Place a Tenant Into a Property |
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Integrated Features | Banking and Financials
RENTEC DIRECT INTEGRATIONS THAT HELP YOU WITH BANKING AND FINANCIALS Integrations make your job as a landlord or property manager quicker and more efficient and is one of the Top Features in Property
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Solution to Dropbox Sign (formerly HelloSign) In Process Requests
There may be times when you need to check on the status of a document that's been sent out for signature or the recipient advised they did not receive it. If the intended recipient didn't receive the
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Reporting Delinquent Rent to Collections
The lease agreement serves as the legal contract that entitles you to collect unpaid rent and additional fees if a security deposit does not cover the due amount. If you have a renter who owes you
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Name and/or EIN Change with PayNearMe (Cash Pay)
Name and/or EIN Change with Merchant Account Updating PayNearMe Due to a DBA, Legal Name, and/or EIN Change If your company has a PayNearMe account used for settlement funding and is changing any of
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Understanding Credit Reports
Credit reports provide important insights into potential tenants. Accurate credit reports start with thorough requests. Whether the requests for tenant screening reports are submitted manually or the
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Ordering Credit and Criminal Reports
Tenant screening reports are essential in tenant selection and protecting your investments. Rentec Direct property management software provides both Pro and PM clients with an extensive list of
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Rentec Direct Integrated Features
Rentec Direct property management software's integrated features make it simple for you to streamline your routine tasks while also utilizing other vital industry-leading services designed for you to
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Unrecorded Funds
Rentec Direct provides a flexible way to track, deposit, and record physical payments received and income received by ach and cc to a specific bank account by creating and using Unrecorded Funds
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Bank Account Reconciliation
Rentec Direct property management software provides all the tools needed to accurately maintain and reconcile the ledgers in your Rentec Direct account with your bank account statement. Note: During
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Paying Out Property Management Fees
Verify management fees with Rentec Direct reports prior to issuing multiple management fees in one easy payment. Rentec Direct property management software provides an extensive list of reports,
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Add Properties
Adding properties is a simple yet vital process to setting up your Rentec Direct account. Important Note: The order in which you enter information will affect the flow of information across the
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Marketing Tools for Attracting New Owners
Not only does your Rentec Direct property management software provide you with all the tools you need to manage owner properties, but also offers these sharable marketing tools and resources to help
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Understanding Ledgers and Transaction Types
Posting transactions are the heart of property management bookkeeping. Done correctly, ledgers and reports show the current state of that account at a glance. Good accounting practices is another way
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Accounting Default Settings | Preferences
There are some settings that will apply to all or most tenants that could be tedious if added individually. Customizing your default accounting settings is an easy way to implement your custom
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Automatically Email Rent Receipts to Tenants
Automatically Email Rent Receipts to Tenants Automatically email rent receipts to tenants in Rentec Direct property management software. Pro Tip: Rentec Direct also offers the option to Print or
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Owner Contributions
You may sometimes receive an Owner Contribution of funds (deposit) to pay for additional property expenses that need to be properly applied to the appropriate ledgers and categories. You may receive
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Transaction History Audit Log
Access to the transaction history of your accounting logs is extremely helpful for: Audits Training new employees and identifying accidental edits Correcting errors Bank Account Reconciliation
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Integration with ShowMojo for Leasing Automation
You can quickly begin using lease automation with Rentec Direct property management software integration with ShowMojo. These three quick setup steps will have you set up and ready to begin
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My Rental Application Disappeared
With Rentec Direct property management software, you have the flexibility to view and change the status of previously received online rental applications. Whether an application is approved or
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Assigning Property Managers to Properties
Assigning property mangers allows you to designate contacts for Maintenance Requests, Marketing, and the property manager's contact information that appears on: Tenant statements Tenant invoices
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Integrated Features | Marketing and Communication
Rentec Direct property management software has partnered with the best online services for website design, tenant lead tracking, showing services, pre-qualifying, and marketing services to help you
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How to Charge an Expense Against a Tenant Deposit
After you have applied a portion or all of a deposit to a tenant ledger, you are then able to post charges on the tenant ledger. More information on applying a deposit amount to a tenant's ledger can
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The Rentec Direct Mobile Apps
Rentec Direct property management software's mobile apps are available for everyone with an active login or portal access, including property managers, landlords, subusers, owners, and tenants. There
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Return a Tenant Deposit
The system makes it easy to return the entire deposit or a partial amount back to a tenant. Returning Deposit When you are ready to return a deposit to a tenant, you can either return the entire
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Tracking Credit Card Purchases
The property management software allows you to track your credit card purchases for property expenses easily. Create a Credit Card Vendor Payee and Bank Ledger Before you can begin tracking credit
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Photos for Property Advertising
Whether you only use the online listings tool in your Rentec Direct software or choose to syndicate your listing across the built-in syndication network, you can make your listings stand out with
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Available Rentals Report
Rentec Direct property management software includes a visually appealing Available Rentals Report to help your applicants find the perfect property. There is just one quick setup step and you can
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Markup on Vendor Expenses
There are some property management companies that operate as a vendor liaison. The property management company contracts with vendors and pays them directly from their own property management