Replace Dropdown List into the Rent Receipt

Aug 6th, 2022
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How to Replace Dropdown List into the Rent Receipt

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and now we will learn how to customize QuickBooks forms in this case it means making a rent receipt for your tenants transaction documents and QuickBooks include things like estimates invoices sales receipts but the credit memo document is the one that we need to use to give a rent receipt so we will change a credit memo into a rent receipt this is because a credit memo changes attendance or customer records in the way that a rent receipt would for a regular tenant it has the same effect regarding the type of transaction it is you can explore other possible changes from the windows we open but were only going to change the title from rent receipt excuse me from credit memo to rent receipt even though there are many things you can edit you can add or remove columns in a particular template for the document you can change the position of the fields you can add or remove fields and you can even put a company logo but again the only thing were going to do to c

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The 2% rule is just a guideline Some landlords have heard about the 2% rule, which dictates monthly rent should be about 1-2% of the propertys value. But, keep in mind that this is just a quick heuristic to estimate your potential rent.
Under Section 1(13A) of the Income Tax Act, landlords are required to deduct TDS on rent paid over Rs. 1,00,000 per annum and provide a rent receipt to the tenant. Therefore, tenants must collect the rent receipt from the landlord and submit it to the employer to avoid any TDS deduction at a higher rate.
Record a debit to the unearned rent account for the amount of one months rent and a credit to the rent income account for the same amount. The debit decreases unearned rent. The credit increases rent income. Using the previous example, debit $2,000 to unearned rent and credit $2,000 to rent income at month-end.
Include the date and rental period of the payment, the property address, the tenants full name, and the person receiving the payment. Include the payment amount, the method of payment, the remaining lease balance (if applicable), and any other information that may be important, like late fees.
How do I enter rent? In the Rental Property tab, click the Rent Center button. Click Add Transactions and then choose Enter Rent. Select the property in the Property list. Select the tenant in the Tenant name list. In the Memo field, enter a note. Under Payment Information, select the account youll use to receive rent.
Add a Receipt Open the Quicken Mobile App. Select the account with the transaction you want to attach a picture to. Find the transaction you want to add a picture to, and tap it. Tap Add Attachment. If prompted, tap Allow or OK to allow the Quicken Mobile App to access your phones camera.
Rental Property tab Property Tenants menu Add Property. Rental Property tab Property Tenants menu Show Property.
Use the Rental Property tab to manage income and expenses for your rental properties. You can view rent details, due dates, late fees, tenant information, and the status of a unit or property. If you have several rental properties, Quicken can track the income and expenses for each.

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