http://landlordaccounting.com/forum/index.phpWed, 08 Feb 2012 00:06:57 +0000 Phorum 5.2.16 http://landlordaccounting.com/forum/read.php?1,3830,3830#msg-3830 http://landlordaccounting.com/forum/read.php?1,3830,3830#msg-3830 Michael Pre-Purchase questions about the manualFri, 03 Feb 2012 17:32:40 +0000 http://landlordaccounting.com/forum/read.php?3,3827,3827#msg-3827 http://landlordaccounting.com/forum/read.php?3,3827,3827#msg-3827
Thank you,
Candi]]> Candi All other questionsWed, 01 Feb 2012 17:31:06 +0000 http://landlordaccounting.com/forum/read.php?3,3725,3725#msg-3725 http://landlordaccounting.com/forum/read.php?3,3725,3725#msg-3725
I am finally trying to get my finances in order and having purchased your book while attending a rental seminar I noticed that the quickbooks sample file that you have is version 2004. I have 2011 and I can't seem to get the file to work. Please help!!!]]> Amit Patel All other questionsTue, 24 Jan 2012 18:27:33 +0000 http://landlordaccounting.com/forum/read.php?3,3724,3724#msg-3724 http://landlordaccounting.com/forum/read.php?3,3724,3724#msg-3724I have one loan that is for 6 different properties. What is the best way to enter and track this loan in Quickbooks?
Thanks,
David]]> David W. All other questionsMon, 09 Jan 2012 08:16:09 +0000 http://landlordaccounting.com/forum/read.php?3,3723,3723#msg-3723 http://landlordaccounting.com/forum/read.php?3,3723,3723#msg-3723
I would like a report by property that has the following columns. Jan Rev, Feb Rev,... Dec Rev,

and one that has these Future expenses "Jan exp" Feb exp" ... "Dec Exp".

This would help in determining the "cash reserve" required for ROOFS, TAXES, INSURANCE, etc that are all recurring expenses.

Can you help ???]]> dan All other questionsMon, 09 Jan 2012 08:23:09 +0000 http://landlordaccounting.com/forum/read.php?3,3722,3722#msg-3722 http://landlordaccounting.com/forum/read.php?3,3722,3722#msg-3722
Page 206 says to use a seperate class for each LLC and a sub-class for each property.

How do I assign a CLASS to asset and liability accounts ???

Can the reporting in Quicken Pro print balance sheets and income/expense statements by CLASS so I can get these reports by LLC ??

Dan Fickes....
Thank you..]]> Dan All other questionsMon, 09 Jan 2012 08:21:38 +0000 http://landlordaccounting.com/forum/read.php?3,3720,3720#msg-3720 http://landlordaccounting.com/forum/read.php?3,3720,3720#msg-3720 garmar2 All other questionsMon, 09 Jan 2012 08:17:11 +0000 http://landlordaccounting.com/forum/read.php?3,3715,3715#msg-3715 http://landlordaccounting.com/forum/read.php?3,3715,3715#msg-3715I am not able to locate the appendix, any idea?
Thanks]]> Anissio All other questionsMon, 19 Dec 2011 19:35:25 +0000 http://landlordaccounting.com/forum/read.php?4,3713,3713#msg-3713 http://landlordaccounting.com/forum/read.php?4,3713,3713#msg-3713Is it worth th $99 that you charge, no, not really, worth about half that. That being said, what is priceless is having you available to answer questions!!! For that I thank you, because you help your customers without fail. So thank you for the support. That is worth the price. so thank you again]]> Anthony Customer TestimonialsFri, 16 Dec 2011 18:44:57 +0000 http://landlordaccounting.com/forum/read.php?3,3711,3711#msg-3711 http://landlordaccounting.com/forum/read.php?3,3711,3711#msg-3711 patrick All other questionsSun, 11 Dec 2011 07:09:55 +0000 http://landlordaccounting.com/forum/read.php?3,3705,3705#msg-3705 http://landlordaccounting.com/forum/read.php?3,3705,3705#msg-3705
Also, one of the features I do love in QRPM was the free document attachment feature. QB 2011 charges a fee for that even if it's local storage. QB 2012 now includes that feature (only local storage) with the program. I guess I'll have to upgrade again! :(]]> katrina All other questionsWed, 30 Nov 2011 19:40:04 +0000 http://landlordaccounting.com/forum/read.php?3,3691,3691#msg-3691 http://landlordaccounting.com/forum/read.php?3,3691,3691#msg-3691 Dakota1567 All other questionsTue, 29 Nov 2011 18:41:42 +0000 http://landlordaccounting.com/forum/read.php?3,3675,3675#msg-3675 http://landlordaccounting.com/forum/read.php?3,3675,3675#msg-3675
Want to show cashflow for that particular property to reflect mortgage paid.
I split the mortgage payment as follows:
Principle against mortgage liability (long term liability)
Interest against interest expense
Property tax against tax expense.

When I generated the P&L report, the principle paid did not show up. What went wrong? Please let me know.

Thanks.]]> lmytran All other questionsSun, 20 Nov 2011 09:15:19 +0000 http://landlordaccounting.com/forum/read.php?1,3674,3674#msg-3674 http://landlordaccounting.com/forum/read.php?1,3674,3674#msg-3674 Anissio Pre-Purchase questions about the manualTue, 29 Nov 2011 18:35:13 +0000 http://landlordaccounting.com/forum/read.php?3,3673,3673#msg-3673 http://landlordaccounting.com/forum/read.php?3,3673,3673#msg-3673
I like to play it fairly safe and don't trust myself much :) I am very good at personal finance and the "Envelope System" if you will. Pre-quickbooks, I would keep an "Envelope" of 3 months of expenses for each property so that if a renter bailed or a major repair came up I was covered.

How can I setup something similar in Quickbooks? I want to see that the 3 months are always there and i don't want the funds to look co-mingled with the spendable money. I don't mind the money being in the same actual bank account the with spendable money, but on paper, I want it to look separate and untouchable except in an emergency. THANKS!!!

This will make me sleep better :)

Peace,
eLi]]> Eli Skinner All other questionsSun, 20 Nov 2011 09:13:37 +0000 http://landlordaccounting.com/forum/read.php?1,3672,3672#msg-3672 http://landlordaccounting.com/forum/read.php?1,3672,3672#msg-3672Amy]]> azwemer Pre-Purchase questions about the manualFri, 18 Nov 2011 11:18:58 +0000 http://landlordaccounting.com/forum/read.php?3,3670,3670#msg-3670 http://landlordaccounting.com/forum/read.php?3,3670,3670#msg-3670
This is where my question comes into play. I do not want to setup a separate sub-account for each expense in my chart of accounts, but I'm sure I can still select a class (or sub-class) when billing to track this expense with that particular property. Is this correct?

In addition, how can I spread expenses evenly over multiple properties in quickbooks? If I simple create a account in the chart and name it say, "lawn service", can I somehow spread this service over all my properties evenly instead of selecting a single class when accounting for it or creating sub-accounts in the chart under "lawn service" and manually chopping up the expense over each property?

The reason I need to have this ability is that we have 76 rental properties all together and we may have a guy out mowing lawns for 8 hours, 5 days a week. I need to be able to spread the cost of things such as this over each individual property evenly with the same effect as I currently have by using the -999 option rather than selecting a specific property.]]> Devin Westfall All other questionsSun, 20 Nov 2011 09:09:47 +0000 http://landlordaccounting.com/forum/read.php?1,3663,3663#msg-3663 http://landlordaccounting.com/forum/read.php?1,3663,3663#msg-3663I am in the process of setting up a Real Estate Company that also handles property management for customers that have multiple rental properties. I am using Quickbooks Premier 2010. Will the sample customer file and template file work with the Premier version.

I apologize if this question has already been asked.

Thanks - Hugh]]> Hugh Pre-Purchase questions about the manualSun, 20 Nov 2011 08:35:45 +0000 http://landlordaccounting.com/forum/read.php?1,3662,3662#msg-3662 http://landlordaccounting.com/forum/read.php?1,3662,3662#msg-3662I am in the process of setting up a Real Estate Company that also handles property management for customers that have multiple rental properties. I am using Quickbooks Premier 2010. Will the sample customer file and template file work with the Premier version.

I apologize if this question has already been asked.

Thanks - Hugh]]> Hugh Pre-Purchase questions about the manualMon, 14 Nov 2011 05:32:13 +0000 http://landlordaccounting.com/forum/read.php?1,3655,3655#msg-3655 http://landlordaccounting.com/forum/read.php?1,3655,3655#msg-3655I read some of the reviews and one in particular mentioned that the e-book might be outdated for QB Pro 10 which is what I have. Has the book been updated, and will the screenshots match what is in QB 10? Once I purchase your system, will you also include the additional information to input the out of state properties being managed by a PM? I think I read that your book is mainly geared towards landlord owners who manage their own properties, which is what I do with my local properties....is this correct? Also, once I input 2011 into QB, will I be able to go back and input previous years properties and data?
Thanks so much.]]> Morgan Pre-Purchase questions about the manualThu, 03 Nov 2011 17:17:14 +0000 http://landlordaccounting.com/forum/read.php?4,3653,3653#msg-3653 http://landlordaccounting.com/forum/read.php?4,3653,3653#msg-3653 Danielle Heess Customer TestimonialsMon, 31 Oct 2011 13:46:57 +0000 http://landlordaccounting.com/forum/read.php?1,3649,3649#msg-3649 http://landlordaccounting.com/forum/read.php?1,3649,3649#msg-3649Also, within QB, is there a way to pull up an individual property screen to see income and expenses per property? Are we able to save individual reports? Are we able to scan receipts or additional documents to add to a property's info.? Can we input shared expenses and will they be split among the properties?
Thanks so much.]]> Morgan Pre-Purchase questions about the manualThu, 03 Nov 2011 17:17:40 +0000 http://landlordaccounting.com/forum/read.php?3,3643,3643#msg-3643 http://landlordaccounting.com/forum/read.php?3,3643,3643#msg-3643 aronsmt All other questionsMon, 14 Nov 2011 05:29:33 +0000 http://landlordaccounting.com/forum/read.php?3,3639,3639#msg-3639 http://landlordaccounting.com/forum/read.php?3,3639,3639#msg-3639
I've been using your company sample template successfully for about a year now and it is a huge help. One thing has happened a few times that it makes me think you have an automatic credit issued if a tenant pays an invoice early? Is this true and built into your sample? Also, how can I turn it off? And how do I get rid of these credits (usually $15 credits)?

Thanks,
Mark
www.700EastAve.com]]> Mark R All other questionsFri, 11 Nov 2011 20:22:00 +0000 http://landlordaccounting.com/forum/read.php?3,3636,3636#msg-3636 http://landlordaccounting.com/forum/read.php?3,3636,3636#msg-3636 John Callaghan All other questionsThu, 27 Oct 2011 07:18:47 +0000 http://landlordaccounting.com/forum/read.php?3,3631,3631#msg-3631 http://landlordaccounting.com/forum/read.php?3,3631,3631#msg-3631I just bought your package.
Your sales pitch really great and I am hopeful it will be incredibly helpful.

Your manual shows many screen shots, seems all from QB 2004.
I have QB 2012.
I can live with that, but suggest you upgrade...to be more helpful.

When I open up QB 2012 and try to "create' new company, go to the downloaded "Landlord Accounting Company Sample 2004-with data v1_0.QBW " it does not open or work. error box says ...no deal
I have tried for an hour. Closed my QB 2012. and just clicked on your QBW file, above. That does not open and import the file/data either.

I have searched the forum some and will continue.
BUT could you suggest a way to accomplish this.
Prob Pilot error. Thanks.
Brogan Thomsen.
note I may have bought your package with my other email= brog@thomsens.com I bought it 10/4/2011]]> Brogan Thomsen All other questionsThu, 06 Oct 2011 07:03:18 +0000 http://landlordaccounting.com/forum/read.php?3,3628,3628#msg-3628 http://landlordaccounting.com/forum/read.php?3,3628,3628#msg-3628
How should I set it up for a property that I own, but where a property manager handles it for me? I receive a net check after his management fee and all maintenance and repairs are deducted.

I was starting as I normally do with properties I manage myself, but Im not sure how to account for the maintenance and management fee before accepting my net as rental income.

Cameron]]> Cameron All other questionsTue, 07 Feb 2012 22:14:27 +0000 http://landlordaccounting.com/forum/read.php?4,3623,3623#msg-3623 http://landlordaccounting.com/forum/read.php?4,3623,3623#msg-3623
Thank you,]]> michjacquie Customer TestimonialsSun, 02 Oct 2011 21:01:13 +0000 http://landlordaccounting.com/forum/read.php?3,3621,3621#msg-3621 http://landlordaccounting.com/forum/read.php?3,3621,3621#msg-3621
The main company reports, such as P&L statement and Balance Sheet, work great with the individual classes, but it's the smaller reports (detailed reports) that I'm having problems with.

Thanks for your help!]]> Lisa All other questionsSun, 02 Oct 2011 20:54:40 +0000 http://landlordaccounting.com/forum/read.php?1,3618,3618#msg-3618 http://landlordaccounting.com/forum/read.php?1,3618,3618#msg-3618
If we're on two different platforms, will we have to export files, send, and then import them back into the other program or can we share files seamlessly?

Would I be making things more complicated than they need to be by using my beloved Mac or should I just bite the bullet and figure out a way to run the Windows version. If so, what version?

Any opinions? Thanks in advance.]]> Reid Pre-Purchase questions about the manualSun, 02 Oct 2011 20:57:41 +0000