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and now we will learn how to set up your QuickBooks file to be able to record leases if you have any questions about this topic you can leave them in the comment section below and Ill do my best to help you and of course if you feel the video helped you I hope you will click like and dont forget to subscribe to get updates on new videos that come out all the time what is a lease well a lease is a contract between the tenant and the landlord where the tenant agrees to stay and pay for a specific number of months at a specific monthly rate this contract is satisfied over time as the tenant continues to stay and pay what information do you need about a lease well you need a report that shows the total balance of the lease compared to the amount that has actually been paid thus far you need a report that shows the percent complete of the lease and you need to see at any moment how many months remain on the lease so how do you do that in QuickBooks well all c
