Adding and Managing Payments

How to add and manage payments

Updating payment details for leases is a critical operational and financial task that ensures lease obligations are tracked accurately, payments are made on time, and lease data is correctly reflected in finance systems. This is managed within LeaseOps as mentioned below:

Adding Payments in LeaseOps:

Payments can be created for:

• Monthly, quarterly, or annual frequencies.
• Multiple components (e.g., base rent + CPI increase).

Steps:

1. Navigate to the lease.
2. Add a new payment under an event.
3. Fill in the amount, frequency, and currency.
4. Attach related documents.

Future Improvements

• Ability to copy previous payment details and modify only the amount or frequency.