• Home
  • Blogs
  • FAQs
  • Login
  • Home
  • Blogs
  • FAQs
  • Login
home/Knowledge Base/Lease Management/How to Record Free Rent for Signing a Long-Term Lease?

How to Record Free Rent for Signing a Long-Term Lease?

35 views 0 October 4, 2024 mippsupportadmin

How do we record a free month of rent for tenants who sign a two-year lease or meet a special leasing condition (e.g., signing by a certain date)?

This can be handled in the same way as a rent discount:

  1. Open the rental invoice for the free month.
  2. From the action menu, apply a discount to reflect the waived rent for that month.
Tags:How to Record Free Rent for Signing a Long-Term Lease?How to record free rent for signing long leaseFree rent discount for tenant signing leaseApply free month rent for lease agreementHow to record one month free rent in ledgerTenant free rent discount for long-term leaseRecording lease signing incentive in rent invoiceHow to apply free rent for tenantHow to offer free month rent for signing leaseFree rent entry in rental ledgerRecord one month free rent for tenant signing bonus

Was this helpful?

Yes  No
Related Articles
  • How to Add Markup to Vendor Bills
  • Lease Management System Overview
  • How to Configure Bill Settings for a Property
  • How to Configure Invoice Settings for a Property
  • How to Adjust Invoice from Tenant Deposit?
  • Lease Management Overview

Didn't find your answer? Contact Us

Leave A Comment Cancel reply

You must be logged in to post a comment.

Popular Articles
  • How to Automatically Adjust Tenant Credits to Rental Invoices
  • New Feature – Trust Liability Report
  • New Feature – Bell Notification Sent to Admin on Tenant Document Upload via Tenant Portal
  • Email notification sent to tenant on Other document upload
  • Notify to Owner if service request flag is enabled from notification settings
KB Category
  • Service Request
  • Subscription
  • Bulk Data Upload
  • Owner Portal
  • MiPropertyPortal Admins Training Workshop
  • MiPropertyPortal New Features/Improvements Monthly Webinar
  • Task Management
  • Prospective Tenants
  • Setup
  • Vendor Management
  • Tenant Screening
  • Tenant Portal
  • Tenant Management
  • Accounting
  • Security Deposit
  • Reporting
  • Rental Tax
  • Rental Listing
  • Property Owner Related
  • Property
  • Other
  • Asset Management
  • Online Payment
  • Lease Management
  • General
  • Form Management

  How to Record One-Time Credit for Tenant Services?

12 Month Range Date Set from Last Year in Tenant Account History Reports  

MiPP
MiProperty Portal is Canadian-made for
Canadian landlords and property managers.
COMPANY
  • About Us
  • Why MiPP?
  • Features
SUPPORT
  • Knowledge Base
  • Get Email Help
SOCIAL
  • Linkedin
  • Facebook
  • Twitter
  • Privacy Policy
  • Terms of Use
  • © 2025 mipropertyportal.com. All Rights Reserved.