Search results for Online Payment Processing

198 articles found

• How to Send a Payment by ACH to a Vendor

  Easily pay vendors for single or multiple expenses. Pay multiple transactions using the Batch Income and Expense Transaction Tool How to Send a Payment by ACH to a Vendor In your Rentec Direct

• Managing Online Rental Applications

  When a new rental application has been submitted, it will be available to you in your Rentec Direct account where you can: Review Online Rental Applications Run Screening Reports from an Online

• Update Payment Information

  You can choose which credit or debit card and/or bank account your account subscription and other incidental charges (such as tenant screening reports) are billed to. Update Account Billing

• Marketing Your Rental Through Online Listings

  Marketing rentals with Rentec Direct is a quick way to showcase available properties on your website and on syndicated sites, helping fill vacancies faster. The marketing page serves as the central

• Late Fees

  Rentec Direct property management software provides automated processes to help keep your accounting records current and save you time. One of the automated processes is the application of Late Fees.

• Disable an Online Property Advertisement

  Rentec Direct property management software makes it easy to remove published and syndicated property listings. Disable an Online Property Listing Removing a property listing from your website or

• Syndicated Sites | Why is my Listing Not Showing up?

  A syndicated listing may not appear on one or more sites for several reasons. Zillow Group (Zillow, Trulia, and Hotpads), Apartment.com affiliates (ApartmentFinder, Doorsteps, Move, and ForRent.com),

• Integrated Features | RentReporters

  Tenants and co-tenants may improve their credit scores by simply paying rent on time with the integration of RentReporters and Rentec Direct. This article reviews: Frequently Asked Questions by

• Posting an Income, Charge, or Expense Transaction

  Posting transactions in the Rentec Direct software is very easy. The key factor is understanding where to post information to ensure it reaches all the correct ledgers for you. This article reviews:

• 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

• Property Manager | Paying Out Convenience Fees and Late Fees

  This article reviews suggestions on how to pay out collected fees (such as late fees, application fees, and credit card fees) to the property management. Fees that are received and will be paid out

• Understanding Management Fee Payment Options | Overview

  Rentec Direct allows you to automate the posting of management and placement fees (commissions). Fees post to the property and owner ledgers as they accrue, ensuring they're consistently deducted

• Print or Email a Tenant Payment Receipt

  It's easy to print and email tenant payment receipts in Rentec Direct. This article will guide you through the three convenient ways to print or email tenant payment receipts. Click on one of the

• 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

• Remove Convenience Fees From Trust Account

  Rentec Direct allows you to set and charge tenants a transaction fee for using an online payment option. When the payment is received, the fee payment, along with their payment for rent, products &

• PayNearMe Cash Pay | Enable Tenants

  Quickly enable tenants to start making cash payments using PayNearMe. Tip: Once the tenants' cash pay option has been enabled, click here to see how tenants can make payments PayNearMe Cash Pay |

• PayNearMe Cash Pay | Enrollment/Apply

  You can quickly enroll with PayNearMe using the application available in your Rentec Direct software. System Note: Once your application has been approved, the next step is to Activate the tenant's

• Tenant Screening | Credit, Criminal, Eviction, SSN Validation

  It's easy for landlords and property managers to begin tenant screening in Rentec Direct. All Rentec Direct accounts include access to a wide range of screening reports, including: County, State, and

• Assign Default Income and Expense Accounts to a Property

  Assigning default income and expense accounts automates your accounting, saving time and ensuring accurate accounting. In your Rentec Direct account: Click Properties Right-click on the property and

• Pay Out Separate Management Fees

  Rentec Direct allows you to pay out management and placement (commission) fees to one or more managers while accurately tracking each manager's earnings for any selected time period. While many

• 1099 Tax Filing | Federal and State E-filing and Print Options

  Through Rentec Direct, you can electronically file Federal and State 1099-MISC and 1099-NEC forms for your owners and vendors. This service, provided by IRS-approved third-party vendor Nelco

• How to Provide Proof of Authorization (POA)

  If you have an active merchant account, CSGForte may require Proof of Authorization for online payments. Documentation that may be requested or provided as Proof of Authorization includes: Rental

• Automatic Email Notifications

  Your Rentec Direct property management software is designed to be efficient and time-saving, with automated notifications and reminders to help you stay organized and on track. The following steps

• Getting Started with RentReporters

  RentReporters is a seamless, integrated feature within Rentec Direct that requires no additional setup steps for Landlords and Property Managers. This integration automatically submits tenant on-time

• Tenant Resources for Rentec Direct Clients

  We know landlords and property managers are busy, so we’ve put together these valuable resources for Rentec Direct clients to help them communicate important information to their tenants. Tenant

• Edit, Split, or Delete Transactions

  It's easy to edit, split, or delete transactions in any ledger in Rentec Direct. System Notes: Deleting an online payment does not cancel it. It will remove the transaction from the ledger and make

• 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

• Unrecorded Funds

  Unrecorded Funds ledgers function similarly to Undeposited Funds; however, Unrecorded Funds apply to both credit and debit transactions. They are most commonly used in conjunction with a merchant

• 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

• 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 an Automatic Rent Escalation when you:

• Add Owners (PM Accounts)

  Rentec PM is designed to manage properties owned by individuals or entities (such as LLCs). Adding an Owner allows you to automate payments, generate owner-specific reports, provide secure Owner

• Accounting Default Settings | Preferences

  Set up your Accounting Defaults in about 5 minutes to automate how financial activity is recorded in your account as your portfolio grows. By configuring these settings before adding tenants, you'll

• Rent Discount | Tenant Credit, Concession, Write Off

  It's easy to apply a Rent Discount to tenants in Rentec Direct. Rent discounts include concessions, write-offs, and tenant credits. Apply a Tenant Credit Instead of adjusting a transaction, it's

• 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 transfer funds between properties in

• Add Properties

  Properties can easily be added to Rentec Direct. This article reviews the steps to add a Single-Family Home to your list. If you are adding a duplex, triplex, or apartment, click this link for

• 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 are one of the Top Features in

• 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

• Add Vendors and Payees

  Rentec Direct includes built-in vendor management tools to help you track expenses, generate accurate financial reports, and process 1099s efficiently. While only minimal information is required to

• Understanding Credit Reports

  Credit reports provide important insight into potential tenants and help you make more informed screening decisions. To get the most accurate results, always submit complete and correct tenant

• Account and Password Security

  Rentec Direct property management software contains sensitive information; therefore, account security is extremely important. We've taken steps to offer various techniques to help you keep your

• 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

• Program Default Settings | Preferences

  Selecting your Program Defaults takes about 5 minutes and, among other defaults, lets you choose how data is displayed in your software, which features to enable, and automated feature preferences

• Rentec Direct Integrated Features

  Rentec Direct property management software includes built-in tools and integrations to simplify everyday tasks and connect seamlessly with industry-leading services. Together, these features create a

• Add Roommates, Secondary Tenants, Co-Renters

  Easily add Roommates, Secondary Tenants, and Co-Renters to a co-living space, a dorm, or single household in Rentec Direct software. There are two ways to add co-renters to help you meet your rental

• Edit Bank Accounts

  Easily edit Bank Accounts in Rentec Direct. As you enter bank information, hover over the "?" tool tip for more helpful details. Edit Bank Accounts in Rentec Direct Click on Banking Right-click on

• Manager Types

  Rentec Direct allows you to assign separate managers for Property, Marketing, and Maintenance-related tasks. In two quick steps, you can easily assign managers to handle these tasks in your account.

• Paying Yourself Property Management Fees

  Rentec Direct makes it easy to pay yourself management fees or record that funds were transferred to another bank account at any time. Most clients don't issue a physical payment to themselves.

• 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

• 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

• 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