Dec 10, 2018 - QuickBooks Desktop allows you to set up a company file that lets you run your property management business and do tasks such as receiving and tracking rent from tenants, paying property owners and management companies, fees and overhead charges for property maintenance. Setting up Quickbooks Online for Renting / Landlords I'm new to quickbooks, and accounting. So please don't hit me with the stupid stick! I've been looking on the forum for information about setting up QBO for Landlords / someone who rents something, but have only found guides that wont work with this version of software. I understand that previously Landlords used to use classes/ sub-classes for properties, customer centre is tenants, vendor centre is vendors.bank=bank. Invoices sent from the customer centre= income. I honestly have no idea how the assets (houses) and their depreciation / appreciation is handled, if one is revalued / sold. What i have done is properties= customers. Tenants=sub customers. I'm pretty sure this is not the way to do it. What's the alternative to classes / sub-classes? Could someone who knows about setting up quickbooks / who has done this before have a think about it? Thanks for any help. He looked at me real / really strange. English lessons intermediate. What i have done is properties= customers. Tenants=sub customers. This IS the way to do it, when a tenant moves, you set his sub customer to inactive and create a new one, that way all transaction that deal with that tenant are segregate to the tenant sub customer listing classes are used to track transactions types, for landlord tenant you really have no use for them, the tenant sub customer will show all rent invoices and associated payments and current balance classes are only available in QBO Plus, steep increase in price. People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. Best deal on lightroom 6. Save adobe lightroom 6 to get e-mail alerts and updates on your eBay Feed. + Items in search results. Adobe Photoshop Lightroom 6 Software for Mac/Windows, DVD #65237578. We do that with the style and format of our responses. Here are five guidelines: • Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English. • Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold. • Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link. • Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
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