QuickBooks Online For Landlords And Property Management
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
- None
Description
This is a “beginner to expert” course in QuickBooks Online that is especially designed for how Landlords and Property Managers would use QuickBooks Online. 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 Online 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 Online 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 Records
- 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
Instructor
- 4.6 Instructor Rating
- 17,286 Reviews
- 72,198 Students
- 39 Courses
I have 2 decades of experience teaching Computerized Accounting. I have taught QuickBooks at A.S.A college in Manhattan New York. I have made my lessons available to job training schools for adult education and have helped place hundreds of students in good paying jobs using QuickBooks and other software that they learned in my class.
I am a permanently licensed teacher by the New York State Education Department. I am also a Certified QuickBooks Pro adviser for over a decade. I have made these videos by determining what my clients needed.
I wanted to help anyone using QuickBooks be prepared for the real-life, hands-on challenges that come with mastering the bookkeeping function of any company. I will prepare you for real life QuickBooks situations that can be challenging or frustrating if nobody shows the tips and tricks that will make using QuickBooks a fun task
I enjoy helping students turn frustration in to a feeling of comfort and satisfaction with QuickBooks. I'm always available to my students when they need me.