# Collect rent

Source: https://app.rentiqa.com/help/landlords/collect-rent

> How rent and late fees are posted, how tenants pay, recording payments made outside Rentiqa, and your statements.

## What happens on its own

While a lease is **Active**, or **Notice given** after you acknowledge a tenant's notice to vacate, and until its end date:

- **Rent** is posted to the lease ledger each month on the rent due day.
- A **late fee** is posted once for unpaid rent after the grace period, if the lease has a late fee.
- Tenants who turned on **autopay** are charged around their chosen day.
- Tenants with notifications on get a reminder before rent is due.

If you agree to let a tenant leave before the lease end date, use **End lease** on the lease to stop billing.

Tenants pay from their own **Pay rent** page by card or bank: see [Pay rent and set up autopay](https://app.rentiqa.com/help/tenants/pay-rent-and-autopay).

## The ledger

Open the lease and its **Ledger** tab.

- **Add Charge** posts anything else owed: deposits, pet rent, fees, utility reimbursement, and so on. Give it a type, description, due date and amount. For the first month's rent, choose the type **First month rent**, so the monthly rent is not posted a second time.
- **Record Payment** records money you received outside Rentiqa (check, cash, bank transfer): method, date, amount and a reference.
- On a row you can mark a payment as failed (a bounced check), mark it resolved, or void it.

## Money pages

| Page | What it shows |
|---|---|
| [Payments](https://app.rentiqa.com/leases/payments) | Every charge and payment across your properties, with totals collected and charged, and the net balance |
| [Autopay](https://app.rentiqa.com/leases/payments/autopay) | Which tenants have autopay on, upcoming charges and failed attempts. Tenants turn it on themselves |
| [Late fees](https://app.rentiqa.com/leases/payments/late-fees) | The late fee rule on each lease: grace period and fee |
| [Statements](https://app.rentiqa.com/leases/payments/statements) | A monthly roll-up of gross and net income, by year and, with the property pills, per property. Expenses come off the net. **Download CSV** gives the year as one file: every charge, payment and expense with the totals, for your accountant |
| [Expenses](https://app.rentiqa.com/leases/payments/expenses) | What you spent on each property: date, property, category, who you paid and the amount. Open an expense to attach the receipt (PDF or photo; private to your account). **Download CSV** lists the year |

A lease's late fee is set when the lease is created, from the property's **Lease setup**; it cannot be changed on a live lease.

Your [Overview](https://app.rentiqa.com/leases/overview) shows rent collected this month, what is outstanding, vacant units and your monthly rent roll.

Next: [Maintenance and contractors](https://app.rentiqa.com/help/landlords/maintenance-and-contractors).