Can I split a rental payment deposit and have it display in rental center?

txjraustin
Quicken Windows Subscription Member ✭✭
Splitting a downloaded rental payments deposit and updating tenant rental account in Quicken Property Manager
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Best Answer
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In the Rent Center, record the payment for each property ...but DON'T direct those payments to your bank account. Instead, direct them to an Intermediate banking type account ... I call mine "Undeposited checks".THEN, when the deposit comes in from your bank, use the name of that Intermediate account as the "transfer from" account.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP5
Answers
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I'm sorry. The question form was a little confusing. When download my online data from the bank. A single deposit may have several rental property payments. After the download I normally split the transaction and tag each property but I don't see it reflected in the rent center. Am I doing that wrong. I'm selecting the "Rents Received" category and tagging the correct property for each split.0
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In the Rent Center, record the payment for each property ...but DON'T direct those payments to your bank account. Instead, direct them to an Intermediate banking type account ... I call mine "Undeposited checks".THEN, when the deposit comes in from your bank, use the name of that Intermediate account as the "transfer from" account.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP5
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