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The MagicDoor's Help
Settings
Rent Payment Failure Fee
How to Edit Property Manager Notification Settings
How to Get a QR For Your Company Website
How to Create & Use Magic Tags
How to Select Owner Manager or Third-Party Manager
How to Edit Leasing Contact Information on Your Company Website
Users
How to Set Up Auto-Pay
How to Help Tenants Access Their Portal if They Forget Their Password
How to Set Property Manager Permissions
How to Invite an Owner to Their Portal
How Tenants Can Add or Update a Payment Method
Listing
How to List & Publish a Property Listing on Your Company’s Website
How to Syndicate Listings to External Platforms
Leasing
Upload & Store Lease Agreements
How to View Unfinished Rental Applications
How to Set the Owners of a Property
How to Send a Lease Renewal Manually
Accounting
How to View & Manage Bank Accounts
Reports
How to Track Outstanding Tenant Balances Using the Delinquency Report
How to Download Reports
How to Use the Accounts Payable Report to Track Unpaid Invoices & Maintenance Costs
Help/Settings/Rent Payment Failure Fee

Rent Payment Failure Fee

You can set up automatic fees for failed rent payments to help cover processing costs and protect your revenue.

To configure this setting, scroll down the Rent Payment settings page to the Rent Payment Failure Fee section.

Rent failure fee settings

Available Fee Types:

  • NSF Fee
    Charged when a tenant’s payment fails due to insufficient funds.

  • Return Fee Chart of Account
    Applies when a payment is returned. A return fee is charged to the tenant on your behalf.

  • Failed ACH Payment Fee Chart of Account
    Used when an ACH payment fails during processing (for reasons other than insufficient funds).

  • Credit Card Dispute Fee Chart of Account
    If a tenant disputes a credit card charge, this fee is applied.

Need More Help?

If you have questions, our support team is always here to assist. 👉 Contact us anytime at support@magicdoor.com