{"id":1311,"date":"2012-07-01T22:09:15","date_gmt":"2012-07-02T05:09:15","guid":{"rendered":"http:\/\/www.rentecdirect.com\/blog\/?p=1311"},"modified":"2016-12-27T15:35:04","modified_gmt":"2016-12-27T23:35:04","slug":"new-option-show-reserve-calculations-on-properties-owners","status":"publish","type":"post","link":"https:\/\/www.rentecdirect.com\/blog\/new-option-show-reserve-calculations-on-properties-owners\/","title":{"rendered":"New Option: Show Reserve Calculations on Properties &#038; Owners"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-1312\" style=\"border: 1px solid black;\" title=\"reserve_calc\" src=\"\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2012\/07\/reserve_calc.png\" alt=\"\" width=\"207\" height=\"85\" \/><\/p>\n<p>PM Users, next time you are surfing around the Accounting Defaults (in Settings), you might notice a new option;\u00a0<em>Show reserve calculation on the properties and accounts tab?<\/em><\/p>\n<p>Enabling this option will cause the application to automatically calculate the property and owners balances and show a secondary figure which subtracts out the reserve.<\/p>\n<ul>\n<li>For a property, it will simply subtract the reserve from the balance.<\/li>\n<li>For an owner, it will add up all the reserves for properties owned by that owner, and subtract the total reserves from their balance.<\/li>\n<\/ul>\n<p>Because the property reserve calculation is based on the \u201crolling balance\u201d, it is recommended that you adjust the Accounting Default item #7 (How many months of rolling balance for property summary?) to be 0 (zero.) \u00a0This setting is found directly above the new setting at Settings, Accounting Defaults.<\/p>\n<p>Another new feature which compliments this feature was added as well. \u00a0When posting a property expense, the property balance, property reserve, and the adjusted balance (balance minus reserve) will display at the top of the entry page.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PM Users, next time you are surfing around the Accounting Defaults (in Settings), you might notice a new option;\u00a0Show reserve calculation on the properties and accounts tab? Enabling this option will cause the application to automatically calculate the property and owners balances and show a secondary figure which subtracts out the reserve. For a property, [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,185],"tags":[322,324,376],"class_list":["post-1311","post","type-post","status-publish","format-standard","hentry","category-product-update","category-rentec-pm","tag-owner-reserve","tag-property-reserve","tag-reserve","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Option: Show Reserve Calculations on Properties &amp; Owners<\/title>\n<meta name=\"description\" content=\"PM Users, next time you are surfing around the Accounting Defaults (in Settings), you might notice a new option;\u00a0Show reserve calculation on the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentecdirect.com\/blog\/new-option-show-reserve-calculations-on-properties-owners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Option: Show Reserve Calculations on Properties &amp; Owners\" \/>\n<meta property=\"og:description\" content=\"PM Users, next time you are surfing around the Accounting Defaults (in Settings), you might notice a new option;\u00a0Show reserve calculation on the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentecdirect.com\/blog\/new-option-show-reserve-calculations-on-properties-owners\/\" \/>\n<meta property=\"og:site_name\" content=\"Rentec Direct Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/rentecdirect\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/faceboom.com\/rentecdirect\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-02T05:09:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-12-27T23:35:04+00:00\" \/>\n<meta name=\"author\" content=\"rentec\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@http:\/\/twitter.com\/rentec\" \/>\n<meta name=\"twitter:site\" content=\"@rentec\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rentec\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/new-option-show-reserve-calculations-on-properties-owners\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/new-option-show-reserve-calculations-on-properties-owners\\\/\"},\"author\":{\"name\":\"rentec\",\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/#\\\/schema\\\/person\\\/d5d59599e50fb89cce00698410ba35e5\"},\"headline\":\"New Option: Show Reserve Calculations on Properties &#038; 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