Bank Accounts & Payments
Feb 4, 2026

When rent is not received by the due date, August flags the tenancy as overdue and sends you and your tenant an alert immediately. If a tenant pays partially, August records the exact shortfall and carries it forward to the next period, you always see the precise outstanding balance rather than a generic overdue status. For arrears that persist, August sends follow-up reminders automatically. All arrears history is stored in the tenancy record so you have a clear audit trail if you ever need to take formal action.
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