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Posts Tagged ‘general ledger’

General Ledger Accounting Flow

December 31st, 2010 No comments

Training Video #3

Here is an educational video showing how the ledgers work together in Rentec Direct to automatically flow transactions to the tenant, property, owner, and bank account ledgers.  Rentec Direct automatically takes certain transactions and flows them to the appropriate accounts, such as; A tenant payment received automatically posts as income to the property and any associated owners and bank accounts.  As multiple ledgers are concerned for a single transaction, this video illustrates how the process happens.

Previous Video: (Howto Manage Tenant Deposits)

Categories: Education

New Reports Available

June 17th, 2009 No comments

rentrollreportWe’ve added some great reports, based on user feedback, to Rentec Direct.  These new reports are available to you today!  We base a lot of our development on user feedback.  If you have any ideas for reports which would help you manage your properties, please email them to us at support@rentecdirect.com.

  • Account Summary – See all of your banking accounts in one spot with their total income, expenses, and balance.
  • Property Summary – See all of your property accounts in one spot with their total income, expenses, and balance.
  • General Ledger - Customizable general ledger report by property or account.  Fully sortable by your own custom dates.
  • Current Deposits – Quick report to show you deposits held per property.
  • Lease Expiration - Quick report to show you which properties have leases and when those leases expire.
  • Rent Roll – At a glance report of properties and tenants, their rent due, and current balance.
  • Vacant Properties - Quick report to show you all vacant properties.
Categories: Product Update