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QuickBooks Desktop (And Enterprise) For Landlords
Rating: 4.9 out of 5(9 ratings)
25 students

QuickBooks Desktop (And Enterprise) For Landlords

Property Mangement Bookkeeping And Accounting (Any Desktop Version)
Created byMark Smolen
Last updated 12/2024
English

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

Course content

1 section41 lectures5h 36m total length
  • What Records Do Landlords Need To Keep?6:55
  • How To Create a Landlord's Desktop Company File8:54
  • Setting The Preferences For Property Management4:46
  • Icons And Shortcuts For Property Mangement In QuickBooks11:40
  • Managing A Landlord's Chart Of Accounts11:28
  • Managing Items On A Tenant's Rent Invoice4:09
  • Managing Tenant's Personal Data14:35
  • Create Rent Receipts For Tenants6:13
  • Recording Rent Payments From Tenants10:54
  • Billing Tenants For Monthly Rent11:23
  • Managing Late Paying Tenants12:06
  • Enterrise Update2:17
  • Automatic Rent Invoices16:24
  • Adjusting For Good And Bad Tenants6:15
  • Charging Late Fees To Tenants4:49
  • Managing Vendor Data4:49
  • Profit And Loss By Tenant8:19
  • Billable Expenses To Renants9:39
  • How To Delete Transactions5:15
  • First Practice Excersise3:26
  • Setting Up The File For Security Deposits8:35
  • Security Deposit Trasactions8:40
  • Apply Security Deposits To Expenses4:39
  • Refunds To Tenants For Unused Rent Payments8:00
  • Landlord Tenants Sharing Utility Costs7:44
  • Utility Chages For Places Like Mobile Home Areas9:08
  • Second Practice Transaction Set2:52
  • Preparing The File For Lease Management8:16
  • Recording Lease-Related Transactions9:36
  • Additional Lease-Related Considerations4:19
  • Using A Separate Property Management Company9:34
  • Flipping Part 1 - Purchasing With A Mortgage9:20
  • Flipping Part 2 - Recording Property Renovations5:17
  • Recording Property Sales With Gain Or Loss9:17
  • Recording Mortgage Payments8:07
  • Spening Collected Cash From Tenants6:10
  • Writing Off Uncollectable Rent Frpm Dead Beat Tenants6:06
  • Remt Credit Tp Tenants For Services Given To Landlord8:35
  • Recording The Gain On Abandoned Security Deposits6:00
  • Cam Fees For Commercial Pproperty24:40
  • All About Coopratives And Condominiums7:30
  • Final Landlord's Course Exam

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.


Who this course is for:

  • 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