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Posted by samurai on August 3, 2006, 12:16 pm
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I've got QB2004 property management, and i would like to have the
management company pay the mortgage on a property it is looking after.
This way, all expenses are tracked by them on a month to month basis.
Should the mortgage payment be setup as an Item or Expense? I've setup
a class for the property. Or, how should it be setup so I can record
the mortgage payment monthly using MemTx??
If an Item, is it a service, non-inventory, etc?? I'm a little
confused, so if someone could kind of set me through it, and explain a
little at the same time, I would be grateful.
Thanks,
samurai.
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