Financial Mechanics
Kouchd calculates all ledger items deterministically down to the exact cent using integer arithmetic.Cadence
- Weekly: Obligations are generated for 7-day intervals starting from your stay’s start date.
- Daily: Obligations are generated per 24-hour cycle.
Early Discounts
To encourage timely contributions, you can configure an early discount:- Example: A weekly rate of $200.00 with a 10% discount if paid 2 days early.
- If the obligation is due on September 8th, paying on or before September 6th reduces the effective charge to $180.00.
- The discount is evaluated once per obligation based on the date the full balance or payment is initiated.
Late Fees & Grace Periods
- Grace Period: Number of days after the due date before late fees apply (e.g. 2 grace days).
- Late Fee: A flat dollar amount (e.g. $25.00) added to overdue obligations.
- Host Waiver: Hosts always retain the ability to waive a late fee with a single tap if circumstances warrant flexibility.