How to Post an Expense to a Property Ledger

Expenses posted to the property ledger will automatically be posted to the ledger of the linked bank account as well.

In your Rentec Direct account: 

1. Click Properties
2. Right-click the property and select Post Expense

3. Enter the payment details

   Tip: Begin typing the Payee to select from your Vendors & Payee list. Typing a new name will automatically add the payee to your list.

4. Charge Tenant: If the tenant is responsible for the expense, use the dropdown to select the tenant to automatically add the charge to the tenant ledger.
5. Use the Attach Files link to attach documents or photos (PM accounts will also offer the option to share with the property owner)

6. Recurring - If this is a recurring expense, check the box, select the frequency, and set the date range.

   

   
   
7. Depreciate - If this expense is depreciable, check the Depreciate box and enter the details.
8. Click on Post Expense