Skip to main content

Pro-rated Invoice

In Propra, a prorated invoice is generated when a lease begins on a day other than the 1st of the month. This ensures that rent is accurately calculated for the partial month at the start of a tenancy.

Written by Karyn Millar

A prorated invoice is a partial rent charge that is calculated based on the number of days a tenant occupies a unit during their first (or sometimes last) month. Instead of charging a full month’s rent, the system only charges for the exact number of days the tenant is responsible for.

In Propra, a pro-rated invoice is generated when a lease begins on a day other than the 1st of the month, ensuring accurate billing for the partial month.

When Is a Pro-rated Invoice Available?

When you create a lease with a start date that is not the first day of the month, Propra will automatically provide the option to generate a pro-rated invoice.

How to Create a Pro-rated Invoice

  1. Create the lease with a start date that falls after the 1st of the month.

  2. Once the lease is created, locate the lease box.

  3. Click the Create Pro-rated Invoice button.

  4. Review the details and confirm the action.

Optional: Add a Management Fee

During the confirmation step, you will also have the option to create a management fee associated with the pro-rated invoice.

What Happens After Confirmation?

  • The pro-rated invoice will appear in the Receivables table.

  • If a management fee was selected, the corresponding payable will appear in the Payables table.

Important Notes

  • The pro-rated invoice option is time-sensitive.

  • The button will only remain available for a few days after lease creation.

  • This limitation prevents invoices from being created after the next scheduled rent charge.

If the Pro-rated Invoice Option Expires

If the option is no longer visible:

  1. Navigate to Tasks.

  2. Manually create the invoice from there.

Did this answer your question?