Self Storage First of Month Billing or Anniversary

[Sean Hugo]

Are you billing first of the month and pro-rating the first month or are your using anniversary billing?  I would like to hear your reasons for billing when you do and the pros and cons of each. Thanks.

[Michael Wagner]

First of month because tracking anniversary dates is a nightmare! With first of month...all people are locked out  and officially late on the same day...with anniversary billing, you essentially have people that need to be locked out or notified of being late every day of the month. Super inefficient!