Product update - Flexible Payments

New update gives landlords greater flexibility in how payments are recorded and managed, reducing confusion and keeping finances on track.

LONDON – 13th May 2025 – August, the all-in-one app for small landlords, today introduced Flexible Payments, a key upgrade that makes it easier to manage partial payments, advance rent, and late rent all in one place.

The update gives landlords more control over irregular payment patterns and simplifies how money is tracked against what’s owed, helping users stay organised even when tenants pay early, late, or in instalments.

Problem

Many rent payments don’t fit the monthly-in-full model. Landlords often struggle to stay on top of partial payments, advance rent, and late payments, leading to confusion and gaps in records. Most also track these manually with bank records and spreadsheets.

Solution

Flexible Payments brings powerful new tools that allow landlords to log and assign rent more accurately. Whether tenants pay in parts, in advance, or fall behind, August now helps make sense of it, clearly and consistently.

Key Features

• Partial payments: Record and track part-payments against rent due.

• Advance rent: Easily assign payments to future months when rent is paid early.

• Late payments: Stay on top of what’s overdue with better visibility and control.

“Flexible Payments reflects the reality of how rent works in the real world,” said Sam Cope, Founder of August. “This update gives landlords the tools to handle non-standard payments without extra admin or guesswork.”

This release builds on the past enhancements to payments release found here.