Q: What is your best program for rental of storage units? I have 150 units -they are collected monthly – I would need to be able to change the name of renters as they moved in and out of units.
A: QuickBooks Pro for storage unit rentals is the way to go. Continue reading
Q: I collected rent amounts that need to be documented as well as the trash, water, gas, electric, etc. amounts. What is the best way to document those collected amounts? A flat rate is paid each month for all services.
A: Create an item for Rent (link to Rent Income account) Continue reading
Q: I want to set up more than 20 companies in my QB but they allowed me to set up only 20 companies how do i do it?
A: You can create more unlimited number of QuickBooks company file.
But you can only view 20 at a quick glance under File > Continue reading
Q: Thanks Gita. I am not sure what the difference between Intuit Enterprise and regular QuickBooks Pro is. We are trying to keep our cost low. Do we really need an Enterprise version and how much are they. I like the idea of QuickBooks Online so I can work wherever I am. Continue reading
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: I am looking for an accounting solution for our Real Estate business. We manage over 100 bank-owned properties for multiple Vendors. We need to track and bill expenses by property. We also need to handle Independent Sales People on a 1099 basis with deductible expenses. We need payroll Continue reading
Q: H
i Gita – My brothers and I recently inherited two rental properties, 1 seasonal rental, and 4 undeveloped properties. I’ve never used any kind of accounting software before. I just purchased QuickBooks Pro. I’ve not installed it yet and was wondering if I should use this version for Continue reading