Paid To date

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The Paid To date is the last day of the Rent Period for which the full amount of rent has been received.

It is also the date the next Rent Period's rent is due to be received (Rent Due date).

The Paid To date only advances when a full period's rent, or multiples thereof, has been receipted into the system.

If the money received is the exact amount required to pay for a full Rent Period the Paid To date will be advanced by one Rent Period and any Amount in Credit will be unchanged.

If the money received is an exact multiple of the amount required to pay for a full Rent Period the Paid To date will be advanced by that number of multiple Rent Periods and any Amount in Credit will be unchanged.

If less money is received than the rent required to pay for a full Rent Period the Paid To date will not change and the Amount in Credit will be increased by the amount received.

If more money is received than the rent required to pay for a single Rent Period, but less than amount required for two Rent Periods, the Paid To date will be advanced by one Rent Period and the extra rent applied to the Amount in Credit which will be increased.

If an Amount in Credit already exists when rent is received the two amounts, Amount in Credit and Rent, will be added together after which the "rules" above will be applied.

Note
It is possible for a tenant to show up on the Tenant Arrears report but also show as having an amount of rent in credit.  They are behind in paying full Rent Periods but have some money paid towards the Rent Period following the last fully paid period.  Example:- If the tenant should be Paid To 29 Jan but have only paid full Rent Periods up to 15 January but have paid $45 more rent than was required at 15 Jan they will show on the Arrears Report for 29 Jan as being two weeks in arrears but with $45 as an Amount in Credit.  At $100 per week they will be in arrears of $155 ( 2 x $100 = $200 - $45).

Examples
Rent = $100 per week
Paid To date = 01 Jan

Amount in Credit = 0
Amount received = $100
Paid to Date advances 1 week to 08 Jan

Amount in Credit = 0
Amount received = $300
Paid to Date advances 3 weeks to 22 Jan

Amount in Credit = 0
Amount received = $60
Paid to Date remains at 01Jan
Amount in Credit = $60

Amount in Credit = 0
Amount received = $120
Paid to Date advances 1 week to 08 Jan
Amount in Credit = $20

Amount in Credit = $10
Amount received = $90
($10 + $90 = $100 = one week's rent exactly)
Paid to Date advances 1 week to 08 Jan
Amount in Credit = 0

Amount in Credit = $10
Amount received = $350
($10 + $350 = $360 = three week's rent with $60 extra)
Paid to Date advances 3 weeks to 22 Jan
Amount in Credit = $60