Bi-weekly rental terms have been added as a new option to Rentec Direct. Any new tenant can be moved in with the bi-weekly option now. Additionally, all recurring transactions also include the new bi-weekly option.
When a tenant or recurring expense is setup for bi-weekly, it will charge every two weeks on the anniversary date of the first charge. If the charge or move-in begins on April 12th, 2012 a recurring event will trigger in 2 weeks on April 26th, followed by May 10th, etc.
This new feature is now available to all users!
Excellent! Great feature.