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UN-deposited Rents account

rickwhipplerickwhipple Member ✭
in Business and Rental Property Tools (Windows)
Hi Everyone,

New bee here and prob a dumb question. But what type of account is the "Un-deposited rents" account supposed to be? Meaning is it just an account under my checking account ? Thanks for the help!

Comments

  • NotACPANotACPA SuperUser, Windows Beta Beta
    It's an Asset type account of some sort.  Either a Cash account, Other Asset, or Banking account would work ... although I'd discourage the use of a banking account.
    And, this is a separate account. There's no  "under my checking account" AKA a 'sub-account' in  Q. 
    Sub-categories, YES ... but no sub-accounts.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
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