Established income code types and default settings are
available in eSite.
Rent
This is the base rent collected for the unit each
month.
Vacancy
This number is calculated as Today's Potential
– Potential
Billings/Credit.
Non-Rent
This type includes these types of payments: Late
Fees, Application Fees, NSF Fees, Transfer Fees, State/Local Taxes, Credit
Fees, Legal Fees, and Pet Rent.
Concession
This type is used to identify concessions to the
base rent collected for the unit each month.
Other Misc Income
This type is used to identify (non-income) payments
received as Laundry or Vending income.
Model
Used for the Model Unit and is calculated as Rent
Receivable + Model Non-Receivable = Market Rent.
Employee
Used for the Employee Unit and is calculated as
Rent Receivable + Employee Non-Receivable = Market Rent.
Lost Rent
This number is calculated as Vacancy + Potential/Non-Receivable
Billings/Credits.
Security - Subject to Minimum
Security Deposit required to lease the unit. Note,
this is subject to minimum requirements. If a minimum is not set in Unit
Types setup, then the system assumes
the minimum should be set to zero.
Deposit - Other Security
Used for Pet Deposit, Key Deposit, Gate Card Deposit
and other applicable deposits the property may collect from the residents.
Income Code Type Definitions
