Yes, you can make the property a Customer, and the tenant a sub-customer. But I would prefer to use Class (QBO Plus), as you will get a cleaner P&L; by Class, instead of by Customer
Good day, @karenlemaster1.
Welcome to the QuickBooks Community. I can help you record your expenses to report by property in QuickBooks.
I agree with @Malcolm Ziman. You can set up and use the location feature. This allows you to track your expenses by property. Here's how to turn it on:
To create different properties, you have to follow these steps:
When creating an expense, there's a specific field where you can select a property.
For in-depth information, you can refer to this article: Set up and work with class and location tracking. You can also run reports according to the property they're into.
There you have it. Let me know if you have other questions about properties. I'm here to help you more. Have a wonderful day.
I agree with @Malcolm Ziman. You can set up and use the location feature. This allows you run a report of the expenses according to property. Here's how to turn it on:
I think Class would be better as then you can split an expense between different properties, which you can't do with Locations.
Actually you do both
property is set up as the customer, with the tenant being the sub customer
then class is set to track transactions per property
Only if you have multiple tenants per property. If there is just one, there is no point
well, sooner or later that tenant will move and another will move in, using subcustomers allow you to keep the history of the tenant, and isolate the transactions for the new tenant.