Overview

Are your rental properties managed by a 3rd party property management company? Here is a step-by-step instruction on how to enter details in QuickBooks.

Handle rental payment paid by the tenant to the rental agents, the agent then deducts the expenses including management fees who then gives the balance to owner. This statement is called an Owner's Proceed statement.

Easy steps for landlords have multiple property managers for multiple properties. It takes the same amount of time - 30 seconds!

Enter each months owner's proceed statement in one transaction. Do not wait till your owners proceed statement has a positive balance. Enter it NOW!

Stop the guessing game.

Keep your books updated on a monthly basis.

Know your Cash Flow!

You must have QuickBooks® installed on your computer.

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Features

Categorize accounts with one click of a button in QuickBooks:

• Record each statement by property
• Record rents, expenses and capital improvements
• Record Security Deposits held by the management company or you
• Easily track reserve funds balances

Testimonials

Questions asked by other clients:

• Do I enter the management company as a customer, and vendor?
• Do I enter the rent as a invoice, sales receipt or a deposit?
• Do I create a check for expenses
• Do I enter a bill for the management fees?
• Do I enter a Journal Entry?
• Do I have to learn accounting - debits and credit? -->

Take all the guess work away and purchase this easy to follow guide.

Full Product Details

ISBN: 978-0-9791240-6-8
0-9791240-6-9
Pages: 28
Format: E-book
Publisher: Expert Publishers, Inc.
Published Date: August 2010