Batch Income and Expense Transaction Tool

The Batch Income and Expense Transaction Tool (Batch Input Tool) allows you to enter multiple transactions for a single bank account at once.

Access the Batch Input Tool

In your Rentec Direct account:

1. Click on Banking
2. Right-click on a Bank Account and click on Post Income or Post Expense 

3. Enter the transaction details  

   System Note: When a tenant is selected, the corresponding Property will automatically be selected and can be changed if needed.

4. Click on Split Transaction to break down a single transaction to be applied to different categories or purposes. (rent and late fees).
5. Click on Attach Files to add documentation as needed. PM clients can check the Share with owner box to allow the property owner to view the information in their Rentec Direct portal.

6. If you have more transactions to be posted to the ledger at a later time, click the +New Transaction button to add another transaction. 

   Note: As you add new transactions, you can view transaction details in the Draft Income Ledger directly below the top data-entry section. 

7. Click on Post Income or Post Expense when you're ready to add the transactions to the ledger. When you return to the ledger later

Posting a Pending Transaction

Pending transactions can be identified by the check & pen icon.

In your Rentec Direct account:

1. Click on Banking
2. Click on the account's pending transaction
3. Review the transaction data and make any needed changes
4. Click on Post Income or Post Expense

System Notes:

• The total amount will post to the bank ledger as either a payment received or an expense paid, and the individual items will appear on the property, tenant, and owner ledgers and reports. 
• Because the transaction will post as a single amount in the bank account ledger, any edits to individual amounts in a split transaction will affect the total amount in the ledger.