Landlord rent ledger (Ontario)

Not legal advice. Ontario rules change; confirm with Tribunals Ontario / the Landlord and Tenant Board (LTB) and a qualified professional.

A rent ledger is the running history of what was owed, what was paid, and what remains. For small Ontario landlords, a clean ledger is often more valuable than a stack of unsorted e-transfer screenshots.

Minimum fields that prevent confusion

  • Period (month/year) and due date
  • Amount due (rent + lawful charges broken out)
  • Amount paid, date, method, reference/memo
  • Balance / arrears running total
  • Notes (NSF, partial payment, credit from LMR interest)

How LeaseTrail helps

Create a tenancy, log payments as they arrive, and keep documents beside the same record. When you need a narrative for a conversation — or materials to organize for a hearing — you are not reconstructing history from memory.

Pair your ledger with:

Monthly habit (15 minutes)

  1. Reconcile bank/e-transfer against the ledger.
  2. Issue receipts if requested.
  3. Flag arrears early with a calm written reminder (keep a copy).
  4. Store notices and responses in the tenancy file.

Start free on LeaseTrail

Keep rent ledgers, maintenance notes, and move-in/out Evidence Packs organized in one place — with timestamps and PDF export.