Knowledgebase: Using Storman > Rent Increases
Manage Rent changes via automatic always-running rule
Posted by Cameron Telfer, Last modified by Michael Dutton on 20 November 2018 12:35 PM

Managing rent changes using an always running rule is a simple and effective tool to set and forget rent changes. During the below process you will be creating a rental change rule.

Overview of steps:

  1. Navigate to: Rent Changes
  2. Create the rule

Step 1. Navigate to: Rent Changes

 Open the Rent Change Rules section by selecting Maintenance, then Rent Change Rules

Select Add New

Step 2. Create the rule

  • Description. This is the name/reason of the increase.
  • Rent Adjustment. Enter the amount of rental increase or decrease. This numbers can be negative values.
  • Search Criteria. This is where you select what group of Storers the rule applies to.

Important: To run the rule right now, click Run rule now. However, in most cases, you would not run it immediately - but rather wait until the next time Daily Processing was run. If you wish to activate the rule so that it begins running next time you run Daily Processing (and every time after that, until you deactivate it), click Run rule during Daily Processing

Step 3. Save

  • Select OK to save and close the new rule.
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