Quickbooks Desktop For Landlords

Property Mangement Bookkeeping And Accounting (Any Desktop Version)

What you'll learn

How To Set Up A QuickBooks Online Plus Or Advanced Account For Managing Rental Properties

How To Mange The QuickBooks Online Interface

What Is The Proper Chart Of Accounts And General ledger Of A Landlord Or Property Manager

How To Record Rent Payments From Tenants

How To Record Invoices For Time Tenants Stayed

How To Manage Rent Reports For Each Tenant

How To Record Receiving Security Deposits

How To Apply Security Deposits To Damages Caused By The Tenant

How To Mage Security Depot Reports For Each Tenant

How To Refund The Tenant The Remaining Unapplied Deposit

How To Record A Gain On Abandoned Security Deposits

How To Calculate Profit And Loss By Apartment Or Unit

How To Charge Late Fees

How To Record And Manage Leases And Lease Reports

How To Record Every Transaction For “Flipping Properties”

How To Record Purchasing A Property With A Mortgage

How To Record Mortgage And Escrow Payments

How To Record Renovations On Investment Property

How To Record The Gain Or Loss On The Sale Of A Property

How To Record Rent Credit Given To Tenants For Services

How To “Write Off” Uncollectible Rent

Requirements

Basic, Common Computer Skills

Middle School Education

Be Open Minded And Let Yourself Enjoy Learning Something New

Description

This is a “beginner to expert” course in QuickBooks Desktop that is especially designed for how Landlords and Property Managers would use QuickBooks Desktop. Rental Property Management is a unique service that requires bookkeeping and accounting methods and techniques that would only apply to the rental property industry. That is why it is best to have the entire tutorial, from start to finish, presented and followed as a landlord. This is the only course that will do that. It also absolutely guarantees the clearest possible explanation and presentation for every possible topic you could need when keeping records of rental property units.You will have total control over your tenants’ rent payments and invoices. You will be able to present them with a rent report and a separate security deposit report that will clearly show how any part was applied to damages and the amount they are entitled to be refunded.This course is so great that you will be able to see your profit and loss by apartment or unit to see if any particle unit or tenant is costing to much. All of the separate reports and records that QuickBooks Desktop will help property managers with all smoothly “tie in” to the main area of financial data that all companies have, the general ledger. So, from the same data, you will have the typical financial reports like: Profit and Loss ( Income Statements), balance sheet and cash flows or anything else. You will enjoy easily learning with very simple set up steps and then simple data entry procedures shown here. Then, you will have complete mastery over your property’s financial records and your tenant reports all in the same place!!Although everything you see will be simple, you will have expert level knowledge of QuickBooks Desktop when you finish. You really will be able to handle anything you need.

Overview

Section 1: Introduction

Lecture 1 What Records Do Landlords Need To Keep?

Lecture 2 How To Create a Landlord's Desktop Company File

Lecture 3 Setting The Preferences For Property Management

Lecture 4 Icons And Shortcuts For Property Mangement In QuickBooks

Lecture 5 Managing A Landlord's Chart Of Accounts

Lecture 6 Managing Items On A Tenant's Rent Invoice

Lecture 7 Managing Tenant's Personal Data

Lecture 8 Create Rent Receipts For Tenants

Lecture 9 Recording Rent Payments From Tenants

Lecture 10 Billing Tenants For Monthly Rent

Lecture 11 Managing Late Paying Tenants

Lecture 12 Automatic Rent Invoices

Lecture 13 Adjusting For Good And Bad Tenants

Lecture 14 Charging Late Fees To Tenants

Lecture 15 Managing Vendor Data

Lecture 16 Profit And Loss By Tenant

Lecture 17 Billable Expenses To Renants

Lecture 18 How To Delete Transactions

Lecture 19 First Practice Excersise

Lecture 20 Setting Up The File For Security Deposits

Lecture 21 Security Deposit Trasactions

Lecture 22 Apply Security Deposits To Expenses

Lecture 23 Refunds To Tenants For Unused Rent Payments

Lecture 24 Landlord Tenants Sharing Utility Costs

Lecture 25 Utility Chages For Places Like Mobile Home Areas

Lecture 26 Second Practice Transaction Set

Lecture 27 Preparing The File For Lease Management

Lecture 28 Recording Lease-Related Transactions

Lecture 29 Additional Lease-Related Considerations

Lecture 30 Using A Separate Property Management Company

Lecture 31 Flipping Part 1 - Purchasing With A Mortgage

Lecture 32 Flipping Part 2 - Recording Property Renovations

Lecture 33 Recording Property Sales With Gain Or Loss

Lecture 34 Recording Mortgage Payments

Lecture 35 Spening Collected Cash From Tenants

Lecture 36 Writing Off Uncollectable Rent Frpm Dead Beat Tenants

Lecture 37 Remt Credit Tp Tenants For Services Given To Landlord

Lecture 38 Recording The Gain On Abandoned Security Deposits

Lecture 39 Cam Fees For Commercial Pproperty

Lecture 40 All About Coopratives And Condominiums

Anyone Who Wants Total Control Over Their Property’s Financial Information,All Landlords Who Want To Use QuickBooks Online To Manage Their Property Recordswho gives,Any Beginner To QuickBooks Online Who Wants To Finish As An Expert In Property Management,Any Property Manager Who Needs To Access The Financial Records Remotely,Anyone Who Needs To Mange Tenants Rent And Security Depots Properly,Anyone Who Needs To See Profit And Loss By Apartment,Anyone Needing To keep Records Of Leases,Anyone Who “Flips” Properties,Anyone Needing To Record Any Type Of Transaction That Could Occur As A Landlord Managing Property Financial Records