How to charge late fee by hour in Rental?
NordinKa
Member ✭✭
I own a vacation rental home. Everytime customer check-in, I'll will hold the security deposit and return it to them on the checkout day, in full.
Now, my customer ask to extend their stay for another 2 hours after standard checkout time. I charged them USD3 per hour from their security deposit for that extra time.
How to record the extra charge and the return of remaining security deposit?
Now, my customer ask to extend their stay for another 2 hours after standard checkout time. I charged them USD3 per hour from their security deposit for that extra time.
How to record the extra charge and the return of remaining security deposit?
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Best Answer
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Just set up a Late fee item in Q ... with a value of $3.Then include, on the invoice, as many occurrences of this item as are needed.It's the same concept as the "Daily Rate" for the rental itself.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP5
Answers
-
Just set up a Late fee item in Q ... with a value of $3.Then include, on the invoice, as many occurrences of this item as are needed.It's the same concept as the "Daily Rate" for the rental itself.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP5
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