Hi hasan2,
Congratulations on starting your rental agency!
We have a Projects feature in QuickBooks Online (QBO) that suits your concern. This helps you organize and assign transactions. This also lets you track income and expenses and calculate your profits by job.
In this case, you can add your landlords as customers and tenants as projects. Beforehand, let's activate your Projects feature. I'll guide you how.
- Click on the Gear icon and choose Account and Settings.
- Go to Advanced.
- Click on the pencil icon in the Projects section.
- Mark to select the Organize all job-related activity in one place checkbox.
- Click on Save and then Done.
Then, let's add your landlord as a customer:
- Go to Sales and choose Customers.
- Click on New customer.
- Enter the landlord's information.
- Click on Save once done.
To add tenants as projects:
- Go to Projects and click on New project.
- Enter the tenant's name in the Project name field.
- Select the landlord's name in the Customer drop-down arrow.
- You can also add some notes.
- Click on Save.
From there, you'll be able to create and send an invoice to your landlord. See the Create invoices article for reference. This link provides detailed information about managing your sales in QBO.
I've also added some resources to learn more about our Projects feature:
If you have other questions in mind about recording your sales or expenses, feel free to let us know in the comment section. We're only a post away. Stay safe and have a great day.
