Good morning,
We use a property management company for a rental properties. I am running into issues with how they are handling the rental income and how to properly document on my end. There are months that they will accept payment and do not report it due to being un-deposited funds on their end for the month but do not report the next moth either. This is mainly when we have a change in tenants for a unit. How do I properly clear the invoices I have for the rental income if I am an not actually receiving a payment. They will also not send a payment at times due to expenses taking most or all of the rent for the month. I am not really experienced in bookkeeping so I am trying to make sure I am entering this correctly.
