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Level 1

Hello! I have rental properties and we have a property management company. The company nets rental expenses out of the rents. How do I show this in QB?

 
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Moderator

Hello! I have rental properties and we have a property management company. The company nets rental expenses out of the rents. How do I show this in QB?

Thanks for reaching out, @christine-abbott.

 

To provide the best suggestion on recording this type of accounting method, I'd like to gain some additional insight into your situation. Do you prefer a certain type of method for recording expenses from income? Once we have an idea of how you'd like to record it, we can give you the best suggestion possible.

 

In the meantime, I recommend checking out our Property Management Guide. It's full of information on how to set up your Property Management Company and may be able to point you in the right direction.

 

Let me know if you have any additional questions by using the Reply button below. I'll be here to ensure your continued success. Have a wonderful weekend!

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Level 1

Hello! I have rental properties and we have a property management company. The company nets rental expenses out of the rents. How do I show this in QB?

I would like to record gross income and expenses.  But I don't know how to show the bill (expense) as paid because I am not paying with a credit card or a check?

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