Following the reconciliation, the system generates an entry in the Finance section which can be (depending on the result): A Revenue, if the tenant has paid less (you can claim the difference), An Expense, if the expenses were less than the amount anticipated by the tenants. If the provisions are higher than the actual expenses, the landlord must reimburse the excess to the tenant; otherwise, they will request an additional payment. The amount of charges recovered by the landlord must be justified. Recoverable Expenses Included in the Calculation Firstly, it is essential to enter the recoverable expenses in the “Finances” Read more
Author Archives: admin
Rent review
Once a year, on the anniversary date of the contract, it is customary to review the amount of the rent. The calculation formula is: Rent x new index / old index = new rent. Conducting a Rent Review with Rentila To perform a rent review, follow these steps: Go to the “Tools” section and select “Rent Review” or use the actions available on the right in the “Tenancies” section. Select the tenancy agreement for which you want to review the rent. Indicate the year of the last review and the starting, old index. Indicate the new index. Check the amount Read more
Create, modify and delete a tenancy
Create a Tenancy Agreement To create a tenancy agreement in Rentila, follow these steps: Go to the “Tenancies” section and click on the “New Tenancy” button. When creating a tenancy, you will need to enter the following details: The type of tenancy, The property concerned, The duration of the tenancy, The amount of rent and charges, The security deposit, The tenants (you can add multiple tenants in case of shared accommodation). Additionally, you can also provide: Specific clauses, Parameters for the rent receipt, Insurance information, Guarantor information, Add documents related to the tenancy, The information entered during the creation of Read more
Tenancies
In this section, you can manage your tenancy agreements. You can perform the following operations: Create a tenancy, Modify a tenancy, Duplicate a tenancy, Terminate a tenancy, Disable a tenancy, Archive a tenancy, Service charge reconciliation, Review the rent, Regenerate payments, View finances, Download a pre-filled tenancy agreement template, Delete a tenancy. You have the option to filter records using various criteria (landlord, property, type of tenancy agreement). You can export your records via the “Export” action located at the bottom of the table. Tenancy Agreement Template When you create a new tenancy agreement in Rentila, the software automatically generates Read more
Create, modify, or delete an owner, a landlord
Create an owner To add an owner (individual, joint ownership, property company, etc.), follow these simple steps: Navigate to the “My Account” section, then click on “Multi-owners” and finally on the “New Owner” button. For each owner, please provide the following details: The type of owner, The name or company denomination, The address and other contact details, The logo and signature, Banking details. An owner can be an individual or a company with partners. You can also specify the capital distribution for each partner. In cases of multiple individuals, such as in joint ownership, and if you wish to highlight Read more
Protect the environment. Reduce paper consumption and help save the trees as well as save money at the same time. 
