Property Penalty
by Serpent Consulting Services Pvt. Ltd. http://serpentcs.in/product/property-management-system
Odoo
$ 1034.95
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Invoicing (account) • CRM (crm) • Calendar (calendar) • Contacts (contacts) |
| Community Apps Dependencies | Show |
| Lines of code | 9035 |
| Technical Name |
property_penalty |
| License | LGPL-3 |
| Website | http://serpentcs.in/product/property-management-system |
| Versions | 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Invoicing (account) • CRM (crm) • Calendar (calendar) • Contacts (contacts) |
| Community Apps Dependencies | Show |
| Lines of code | 9035 |
| Technical Name |
property_penalty |
| License | LGPL-3 |
| Website | http://serpentcs.in/product/property-management-system |
| Versions | 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 |
Property Penalty
This module enhances the Odoo Property Management System by automating penalty calculations on overdue tenancy rent. When an invoice is generated for late payments, the system automatically computes the applicable penalty amount based on predefined rules and seamlessly adds it to the invoice. This feature ensures accurate and efficient financial management, reduces manual effort, and improves compliance with lease agreement terms.
Features
Screenshots
FAQs
Highlighted Features
Automated Penalty Calculation
Automatically calculates late payment penalties based on your defined rules, ensuring accurate and consistent charges without manual intervention.
Seamless Invoice Integration
Penalty amounts are automatically added to tenant invoices during generation, streamlining accounting processes and reducing manual data entry.
Configurable Penalty Rules
Set up custom penalty rules including grace periods, penalty types, and calculation methods (fixed or percentage-based) tailored to your lease agreements.
Real-Time Penalty Tracking
Track penalty statuses in real-time with clear visibility into overdue amounts, penalty accruals, and payment histories for each tenancy.
Detailed Features
Rule-Based Penalty Configuration
Set up custom penalty rules including penalty type, calculation method, and grace periods. Define conditions for when penalties should be applied based on contract terms and tenant payment behavior.
Automated Invoice Penalty Addition
Penalties are automatically calculated and added as line items to tenant invoices when generated. This ensures that overdue charges are included in billing without manual entry or adjustments.
Penalty Type & Calculation Flexibility
Choose from multiple penalty types such as fixed amounts, percentage-based charges, or daily accruals. Configure calculation logic to match your lease agreements and local regulations.
Penalty Trigger & Invoice Synchronization
The system triggers penalty calculations during invoice creation, synchronizing penalty amounts with the billing cycle. This ensures penalties are applied accurately based on payment due dates.
Tenant-Specific Penalty Settings
Apply different penalty rules to individual tenants or tenancies. Override default penalty configurations for specific contracts to accommodate unique lease terms or negotiated agreements.
Screenshots
Penalty Configuration & Rent Schedule Management
Path :- Property Management → Tenancies → [Tenancy Name] → Penalty Information / Rent Schedule
This screen allows users to configure penalty rules for a specific tenancy and view the corresponding rent payment schedule. In the Penalty Information section, you can define the penalty type (e.g., Fixed Penalty), set the penalty amount (₹2,000.00), and specify grace periods (Penalty Count After Days). Below, the Rent Schedule Details table displays each scheduled rent payment, along with calculated penalty amounts, pending balances, invoice references, and payment statuses. This integrated view ensures penalties are automatically applied to overdue payments and reflected in the tenant’s billing timeline.
User Guide
FAQ
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No, third-party apps can not be used on Odoo Online. Unfortunately, Odoo SaaS blocks such a possibility.
In many cases, yes. We offer Demo videos, Screenshots, Live demo links (for selected apps) If you need a personalized demo, you can contact our support team.
We request you contact our team via contact@serpentcs.com to discuss the features and customization required so that we can provide you assistance with your request.
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