Add Vendors and Payees (Legacy)

This help article contains instructions for the Legacy Version of Rentec Direct. More information about the latest version of Rentec Direct can be found here: The Remodel | Rentec Direct’s Newest Software Update

Not only is it important to keep track of payout for accurate bookkeeping, but it also makes reports and 1099's an easy process within your Rentec Direct property management software.

Adding Vendors and Payees

In your Rentec Direct account:

  1. Click the Settings tab
  2. Click on Manage Vendors & Payees
  3. Click on the Add a Vendor option. 
  4. Enter the vendor's information.

    Important Note: Few fields are actually required; however, it is recommended for record-keeping to fill in all known fields. For instance, entering an email address will allow you to easily email workorders directly to the vendor.
  5.  Select on the Save Changes button.

    Note:  Repeat this same process for as many vendors as you may have associated with your properties.

Settings Tab add vendor option

After adding vendors and payees, you'll be able to select them from the  Payee drop-down option when posting an expense to a property.

Information on how to post an expense can be found here: Posting an Income or Expense Transaction

Tip: While you can enter expenses to your properties for vendors without setting up vendors in the program, if you use this tool to enter your payees, you will be able to pull a Vendor Ledger report as well as use the 1099 Tax Assistant Report; which are both extremely helpful reports.

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