How to bill landlords for property expenses? This QuickBooks desktop training tutorial shows management companies how to bill their clients for propertyrelated expenses when using QuickBooks Desktop for a property management company. Billable property expenses could be the responsibility of the landlordclient or be the responsibility of the tenant, depending on your contractual arrangement with the company that does real estate rental management. You could deduct these expenses form their security deposit or deduct them from the landlord’s monthly payout deposit. This QuickBooks lesson shows the method where you deduct them form the monthly rent payout as you mark them as billable to either the landlord or one of the landlord’s tenants. This way, they monthly payout deposit report will show the amount payable for each individual tenant and you can see which specific tenant caused the decrease in the payout and caused us to withhold the property expenses form the monthly rent deposit. It will clearly show on the statement and track these property related expenses to the tenant if you follow this method exactly.

The full desktop management playlist is here and it’s free for all property managers to learn……….

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This playlist was created to prove that QuickBooks desktop is the absolute best property management software ever!! Any property management company or any company that gives rental property service to a real estate rental company, needs to us QuickBooks desktop in exactly the way these videos show in order to keep records of property management financially, regarding each area of property data. If you operate as a real estate rental management company, then you manage the property for ten owners and the landlords are your customers as continued clients. Their tenants are also your continuing clients until they move out. The property management company must: collect rent, pay property expenses, and charge a property management service fee for themselves before releasing or remitting the money to their property owners with a monthly deposit statement. If those are your property management company procedures, then you will absolutely benefit from using QuickBooks desktop and following this playlist stepbystep.


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