including security deposit transactions and misc transactions for any given period. Will need the apartment number associated with each transaction.
- posted
16 years ago
QBP2004 Property Management Statement Charges Reports
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- posted
16 years ago
I do all properties as OCL accounts with two subaccounts; one for operating & one for escrow.
You can print the main OCL account for the property which will show all transactions in the subaccounts or you can print the subaccount registers separately.
As for how to enter it, you can use whatever method you want as long as you setup the items correctly. I have items for each property's rent & r&m that point to that property's ocl operating account. I have items for each property's security deposits and other escrow items that point to that property's ocl escrow account. This allows me to use sales receipts or invoices.
I have monthly automated journal entries that debit each property's ocl operating account for management fees and credit a/p to pay the parent company. If my client didn't have that setup I'd credit a revenue account.