Late Fees

Voyager offers flexibility in assessing late fees. You can post a primary late fee and a secondary late fee during the same month. Voyager uses the Due Day and Grace Period defined in the Resident or Lease screen to determine when a charge is late.

When you post late fees, Voyager creates late fee charge records for residents having eligible unpaid charges. Voyager enters :Late1 in the Reference field of a base late fee charge record, and :Late2 in the Reference field of a daily late fee charge record. If you do not change these references, you can repeatedly post late fees during the month without over-charging.

If your database separates Voyager's operating month from a property's data-entry month, Voyager calculates late fees based on Voyager's current operating month.

The Late Fee section of the Resident or Tenant screen overrides the property late-fee information added on the Property Control screen. However, if you add resident or tenant late-fee information and then modify property late-fee information on the Property Control screen, the new property-control information overrides the resident or tenant settings. You must then modify the late-fee setup in each resident or tenant record, as needed.