Split transactions by ownership

I have a rental property business going on with my father.  We split all income and bills evenly.  I was thinking that Quicken should allow for transactions to be split by my % ownership of a transaction.  For example, I have a property account that has bills and rental income.  I am only going to pay for 50% of the bills and receive 50% of the income.  I would like to see Quicken take this into account when it assesses my net worth.  I currently have to make adjustments in my newly created "Net Worth Adjustment" account to reduce a transaction by 50% to get an accurate net worth.
I would also like my suggestion to occur for property equity, property debt or rather any account that have more than one person responsible for its liabilities and assets for one account.
I currently use Quicken Home, Business, and Rental Property.
0 votes

No Status · Last Updated

Sign In or Register to comment.