Wondering how to record a security deposit in QuickBooks? Read on to learn the easy steps to do this, and why it’s important for overall commercial real estate portfolio management.
If you own a shopping center or any type of commercial asset, it might be tempting to simply record your deposits and not worry about tracking your income by tenant. We’ll look at why tracking your income by tenant is essential and how you can set up your tenants in QuickBooks.
QuickBooks is the most popular financial software platform worldwide.
QuickBooks Desktop and QuickBooks Online are the most frequently used accounting systems […]
Improper tracking of rental income means you cannot easily determine who paid […]
Many investors find that purchasing a new commercial property is easy. But […]
We all know why security deposits exist. They function as insurance for […]
Many people have criticized QuickBooks for its shortcomings as a real estate […]
There’s a hefty amount of paperwork involved in commercial property management. As […]
How we live, work, and interact with the structures around us is […]