Mortgage Payments can get complicated. We have interest, principal...sometimes even an escrow account. But we need QBO to accurately reflect our mortgage balance. Check out this video where I show you exactly how to add mortgage payments to your books (I even include a game-changing shortcut!)

Your Chart of Accounts is the backbone of your bookkeeping architecture. Don’t fall into the trap of creating a “one-dimensional” COA. Prepare your business to scale with a 2-dimensional Chart of Accounts.

Per your specific request, here is a super helpful tutorial on how to set up an Advanced Loan Amortization Schedule in Google Sheets (or excel). This lesson demonstrates how to account for additional principal payments throughout the loan. Play with the numbers to figure out your revised payment schedule and how much you can save over the course of the loan!

It's time to settle the ongoing Quickbooks/ Real Estate debate! How do you separate project-specific reporting? By customer or by class? Here I discuss the pros and cons of each strategy while ultimately delivering my personal recommendation... (Hint....the customer is always right!)

Quickbooks Online is an amazing tool for tracking the financials of your Property Management business. But QBO falls short in many other operational areas. Workflow automation software like Podio can help to fill in these gaps. This video demonstrates how to integrate Podio with QBO. As you can imagine, the possibilities are endless with an integration this powerful. Stay tuned for additional use cases as to how we can leverage the powerful functionality of many different Property Mgmt Software services!

Perhaps the most crucial role of any property manager is corresponding with and collecting rent from tenants. Quickbooks Online has amazing accounts receivable functionality built right in! In this video, I'll show you how I use QBO to track my tenant rent balances, add late fees and send reminders.

Quickbooks Online is an amazing tool for keeping your books in check. It also has great capability when it comes to managing Accounts Receivable. Check out how you can create invoices in QBO to send to your tenants and collect payment.

Do you have any specific questions related to QBO or Real Estate Accounting in general? Please post in the comments. Our best video topics come directly from our audience. Suggestions are greatly encouraged.

Check out this super cool way to track your CapEx expenses for different properties! Leverage class tracking and display Classes on the columns of your balance sheet! Did you know QBO reporting was so powerful? Stay tuned...we're only scratching the surface of all QBO can do.

Do you have any specific questions related to QBO or Real Estate Accounting in general? Please post in the comments. Our best video topics come directly from our audience. Suggestions are greatly encouraged.

Hey! Following up on Tracking Rehab Expenses in QBO - Part 2, this video shows you how to tie transactions directly to an asset account. In addition, I'll show you how to separate your capital improvements into assets with different depreciation schedules. 

Here's a link to the free cheat sheet mentioned in the video: Free Download

Enjoy! Please let me know what else you want to see within QBO!