How do I use Quicken to manage HOA fees?

Best Answer
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Hi again @PMHOA Treasurer
You can enter the payment received in the "Business" Tab. Just click on the down arrow on the "Create Invoice" button and click on "Receive a customer payment..." - see Snip below:
Let me know if you have any other followups.
FrankxQuicken Home, Business & Rental Property - Windows 10-Home Version
- - - - Quicken User since 1984 - - -
- If you find this reply helpful, please click "Helpful" (below), so others will know! Thank you. -0
Answers
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Hi @PMHOA Treasurer
I would suggest that you use the "Business" feature of Quicken Home, Business, and Rental Property, because you really don't need all the bells & whistles that are used for rental properties in the RP module. The HOA is more akin to tracking "club memberships" and the Q reporting function should be more than adequate for reporting to the HOA membership on the status of the organization.
Let me know if you have any followups.
FrankxQuicken Home, Business & Rental Property - Windows 10-Home Version
- - - - Quicken User since 1984 - - -
- If you find this reply helpful, please click "Helpful" (below), so others will know! Thank you. -0 -
Thanks for the feedback. I've set up invoices in the Business section but I can't see how to show them as paid and get the money into the basic account. I see that in the Rental property set up if I show the rent as paid the money shows as an addition in the basic account. Is there a place I'm missing to show an invoice paid?0
-
Hi again @PMHOA Treasurer
You can enter the payment received in the "Business" Tab. Just click on the down arrow on the "Create Invoice" button and click on "Receive a customer payment..." - see Snip below:
Let me know if you have any other followups.
FrankxQuicken Home, Business & Rental Property - Windows 10-Home Version
- - - - Quicken User since 1984 - - -
- If you find this reply helpful, please click "Helpful" (below), so others will know! Thank you. -0
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