Choose how you would like Rent Review Adjustments to be calculated.
Either select from an Annual or Monthly calculation method, for how you would like adjustments calculated should your review date fall outside of the payment cycle of your tenant.
Annual method: (Default setting)
The daily rate is calculated annually, i.e. annual rate divided by 365. The amount is then multiplied by the number of days charged to arrive at the total rent amount.
Monthly method:
The daily rate is calculated monthly, i.e. annual rate divided by 12, then divided by the days in the month(s). The amount is then multiplied by the number of days charged to arrive at the total rent amount.
Getting there:
Settings > Manage Companies > Choose a Company > Invoicing drop-down > Default Rent Review Calculation Method