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home/Knowledge Base/Tenant Management/How to automate rent discount for the Tenant?

How to automate rent discount for the Tenant?

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

There are two steps to enable rent discount automation for a tenant. One is from the Tenant Lease creation process, and the second is on the Tenant details page.

Here are the steps to automate rent discount for the Tenant (Lease creation):

  • When creating a Lease for a tenant, on Step 4 Rent, when you scroll down until the bottom, you will see the ‘Rent Discount’ section
  • Make sure to click ‘Yes’ and add the Rent discount details
  • Add the discount given amount
    Or,
  • From the Tenant Details page, you will find an option to add the rent discount below the Monthly Lawful Rent text
  • Click on the ‘No rent discount is available for this tenant.‘ text
  • Add the rent discount amount and Select one of the following four conditions: 
    • No rent discount 
    • Apply discount when tenant pays the rent before the rent due date 
    • Apply discount when tenant pays the rent on or before the rent due date 
    • Always apply discount
  • Once done, click ‘Submit’

NOTE: If a discount option is selected, the system will add a discount line item in the invoice details section at payment logging when the condition is satisfied. Tenants also see all the discount info (in the tenant portal)

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