Glossary
Rent
Rent ledger
A running, dated record of every charge and payment on a single tenancy, showing the current balance owed.
A rent ledger is the transaction history for one tenancy: line by line and dated, it records each rent charge, late fee, and payment, and carries a running balance. Where a rent roll summarizes every unit at a single moment, a rent ledger tracks one tenant’s account over time.
A clean ledger is the source of truth in a dispute over what was paid and when, and it’s often required as evidence in an eviction for nonpayment. Because Aptoria posts every autopay, retry, and fee to the ledger automatically, the running balance stays current without manual bookkeeping.
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