FOM does spike the cash flow. At the end of the month you have the lowest balance. Right when the banks credit any earned interest!

As a service industry should we not bill tenants to suit their circumstances? When you make the decison to FOM bill you are doing if for your convenience rather than the customers. Having to explain prorate charges and then not giving prorated refunds can confuse customers.

IMV catering to the clients ability to pay and getting the billing cycle to coincide with their pay checks is one sure way to get paid.

In my experience at FOM sites you cant talk to the staff for two days while they sort out billing.

With good software the daily billing grind is automated and with ACH and credit card payments there is not a lot to do.

Consideration for the customers should be first.

So there are pros and cons for both.

Ok, nothin more to see here... move on.

I don't wait to the end of the month to give my customers a bill!