Rent Ledger
A rent ledger is a financial record of rental payments made by a tenant. Landlords can use rent ledgers to track rental payments, late fees, and other charges. They can also be used to provide evidence of rental income in the event of an audit. The benefits of using a rent ledger are numerous.
The term ledger stems from the English dialect forms liggen or leggen, meaning “to lie or lay” (Dutch: liggen or leggen, German: liegen or legen); in a sense, it is adapted from the Dutch substantive legger, properly “a book lying or remaining regularly in one place”.
Rent Ledger – Details to be Mentioned
Information on a rent receipt should include:
- Tenant name.
- Property address.
- Date rent was paid.
- Amount of rent payment received.
- The person receiving the rent payment.
- Late fees included in payment (if applicable)
- Method of payment (cash, check, credit or debit card, Automated Clearing House (ACH) transfer)
You can download the Rent Ledger PDF using the link given below.