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home/Knowledge Base/Accounting/How to apply a rent discount to a tenant?

How to apply a rent discount to a tenant?

3 views 0 December 5, 2022 Updated on December 10, 2022 mippsupportadmin

Usually, you receive money from tenants for rent or other usages (i.e. parking or laundry). However, there are times when you might need to give a discount to a tenant for doing some work for you or maybe for maintaining the rental property or so on. In Mi Property Portal allows you to give a discount to the tenants. In our portal, every income is tracked through invoices. So, to give a discount, you need to apply the discount on the invoice.

Here are the steps to apply a discount on an invoice:

  • Login to the portal
  • From the left navigation, click Accounting > Invoice > Go to the details of the invoice where you want to apply a discount
  • Expand ‘More Action‘ menu dropdown on the top-right > Click ‘Add Rent Discount‘
  • Provide the discount amount, the title of the discount, description and click the ‘Apply Discount‘ button.

Now, a line item will appear in the invoice detail section.

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