How to Setup rental proprities?

Fed91
1 Post
User
Australia
Fed91
User

1Posts

0Kudos

0Solutions

How to Setup rental proprities?

Hi all

 

I need import a trial balance on MYOB AE and I noted that the client has 2 rental proprieties, with separated income and expenses. My manager asked me to look for a "setup for rental proprieties". I tried to look here on the MYOB Community however I can`t find an answer.

Thank you

1 REPLY
Ultimate Partner Seattle
1,526 Posts
Ultimate Partner
Australia
Seattle
Ultimate Partner

1526Posts

1244Kudos

142Solutions

Re: How to Setup rental proprities?

@Fed91

 

I understand that a Tax Return has a separate Rental Schedule for each Rental Property.

 

My preference is to keep multiple MYOB files for each client.

They may have a SMSF and/or a Investment/IP Company.

I would also setup a MYOB file for the personal affairs of the Director/Spouse.

This is indeed more difficult with a subscription based model which is favoured by software companies.

 

Duncan

Duncan Smith
Business Advice + Tax
Helping business owners build a better business since 1998
E expressgst@optusnet.com.au T 02 9904 3672 7 days
Didn't find your answer here?
Try using advanced search to find a post more easily Advanced Search
or
Get the conversation started and make a new post Start a Post