Tracking Business Income & Expenses
If you would like to also track your company's income and expenses, (such as income of management fees received and expenses such as travel, office supplies, licenses, etc.) Rentec offers a simple solution - create a new property in the Property tab and give it the name of your business. After creating your business "property" you can assign bank accounts for income and expenses just as you would for a regular property. You can then create custom income and expense categories and post transactions to the business ledger just as you would a property expense.