Collect rent early and prepayments

A tenant can pay before rent is due, or pay ahead for a future month. Wealthru handles this for you. The payment settles the balance, and a prepaid or settled month does not send a "rent is due" reminder.

The short version

• Log the payment the normal way. It counts as a credit against what the tenant owes.
• By default a payment pays the oldest unpaid month first.
• To point it at a specific month (like rent paid early for next month), use Payment is for on the offline-payment form.
• A month the credit covers will not trigger a "rent is due" email, even if you logged the payment before that month's charge was posted.

Log a payment made early

1. Open the tenant's lease from Leases.
2. Find Log an offline payment on the Money tab (or use Record a payment).
3. Enter the amount and method (cash, cheque, or Interac e-Transfer).
4. Leave the payment date as today, or set the date you actually received it.
5. Confirm.

The tenant's balance updates right away, and the lease shows Balance settled once the credit covers what is owed.

Point a payment at a specific month

The offline-payment form always shows a Payment is for picker, on the lease's Money tab and on Record a payment. It lists every month of the tenancy up to next month, newest first, including months whose rent is not posted yet.

• Leave it on Oldest balance first to let the payment pay down the oldest unpaid month. This is the usual choice when rent is owed.
• Pick a month (for example next month) to apply the payment to that month instead. This is handy when a tenant pays ahead and you want it recorded against the right month.
• If you pick a month that is not posted yet, its rent is posted together with the payment, so the month reads as paid. You do not have to post it first. This is for the account owner. Other team members pick a posted month or Oldest balance first.
• Under the picker, one line says what will happen before you press Log payment, for example "Received Sep 30, 2026. Posts October 2026 rent and counts this payment toward it."

The payment date and the month are separate. A tenant who pays October's rent on September 30 is recorded as received on September 30 and counted toward October.

Will an early payment still send a "rent is due" email?

No. The rent reminders read the tenant's whole balance, not just the payments tied to a single charge. A month that a prepayment or credit already covers is treated as paid, so:

• the rent is due email on the due date does not fire for a covered or settled month,
• the rent due soon heads-up does not fire either,
• overdue follow-ups stop once the balance is settled.

Troubleshooting

• The tenant paid early but the balance did not change. Check the payment is recorded on the lease and marked as received. An Interac e-Transfer is a request-and-confirm flow, so it only counts once you confirm it landed.
• A payment landed on the wrong month. Log payments pay the oldest unpaid month first. If you want a payment on a specific month, use Payment is for when you record it.
• You meant to record last month, not a future month. Set the payment date to the day the money arrived. The picker then starts on that date's month, and you can change it to any other month.
• A payment is already on the wrong month. In the lease's Payments list, use Change month on that payment. It also lists months not posted yet, and posts the month first if you pick one. If your postings need approval, the month waits for approval and you change the month after that. Some accounts can also say or type move a payment to another month in Cmd K. That offers the months already posted and Oldest balance first. A month not posted yet is done on the page.

Good to know

• A payment that is more than the balance stays as a credit and applies to the next charge.
• This is tooling to help you keep the books, not tax or legal advice.