Car owner will see on the reservation page when the rental income will be passed to him after the renter has made the payment. Rental income is paid to the owner twice a month. Below is an example of how the rental income statement is reported on the reservation page
Rental income is paid to the owner twice a month
Rental income is paid twice a month to the car owner. Settlement dates are the 5th and 20th of the month. The bill on the 20th of the month comes for rentals that end on the 1st-15th of the same month. day. The fifth-day statement includes rental income from rentals that ended on the 16th-31st of the previous month. The car owner will always receive the rental income statement by e-mail before settlement.
This rhythm of settlements is due to accounting reasons. In the future, we want to settle the rental income to the owners faster.
BloxCar will notify you separately if the rental income settlement is delayed.
Read more:
- What if someone suggests paying the rent past the service?
- How do I know if a tenant has paid for a reservation?
