When setting up your QuickBooks file for real estate, property management, or any industry, you may want to check your entered transactions to confirm that your file is up-to-date. QuickBooks features a few reports that give you information on transactions entered, accounts, and fixed assets.
The Transaction List by Date Continue reading
Much of accounting is checking your entries to make sure the amounts are accurate. In QuickBooks, check the Trial Balance before viewing other main financial reports. All of the debits must equal the credit.
If they do not, then the Trial Balance report will show the discrepancy. The Trial Balance Continue reading
To continue with my report blogging, I want to review the reports included in QuickBooks for deposits and checks. Whether you use QuickBooks for real estate and property management or any industry, reconcile your deposits and checks with your bank statement is important to keep accurate books.
The Deposit Detail Continue reading
Q: I use QuickBooks for property management and I record loan payments in QuickBooks. How do I find a report on how much interest I paid on each property? I need it for tax purposes.
A: When repaying a loan, enter the principal and interest amounts separately. Do not Continue reading
As you begin to analyze your business operations more closely, you may want to use a QuickBooks report to breakdown your purchases. If you are using QuickBooks for property management, you may be curious to know which projects or items were completed by which vendor. The purchases reports break down purchases by Continue reading
QuickBooks can be adapted as a total property management solution. With the following reports, you can access Vendor contact information easily. If you have set up your real estate and property management file to our specifications, you can access your property owners contact information in addition to your regular Continue reading