The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes...

Q: How do I record an apartment deposit in QuickBooks? A: An apartment deposit in QuickBooks works like any other deposit in QuickBooks. Remember to set up the file correctly with the units in the Cu...

Q: How do I set up a mortgage as a lender? I have created a new company to only track the money I lend to others. A: In a mortgage as a lender, you lend money to purchase a property using the proper...

QuickBooks vs. Buildium- You may be wondering which software is best for managing a homeowner’s association. We’ve had a recent inquiry and want to share our response with you. Q: I am beginning to t...

Q: Hi. I am using QuickBooks 2010 for Windows. How is a balance due on a rental property in QuickBooks recorded? Thanks. A tenant’s rent is $500 for the month. They paid $300 and now owe a balance of $200. ...

Q: As the lessor: how do I account for an option to purchase a property in QuickBooks? A: Here’s the option to purchase a property in QuickBooks. The buyer or lessee puts down money to purchase the optio...

Recurring expenses and bills - Learn about memorizing transactions. You will save yourself time–and time is money! Q: I run a store and would like to save time by setting up Recurring expenses and bi...

Are you wondering how to add an escrow in QuickBooks amount into QuickBooks properly? You are on the right track, as it does need to be entered separately from the principal and interest amounts. We can...