I've got QB2004 property management, and i would like to have the management company pay the mortgage on a property it is looking after. This way, all expenses are tracked by them on a month to month basis.
Should the mortgage payment be setup as an Item or Expense? I've setup a class for the property. Or, how should it be setup so I can record the mortgage payment monthly using MemTx??
If an Item, is it a service, non-inventory, etc?? I'm a little confused, so if someone could kind of set me through it, and explain a little at the same time, I would be grateful.
Thanks, samurai.