Want to see this month’s expected and actual rental incomes for a particular building? Depending on just what information you are wanting, there are a few options for you: If you go to Properties > List Buildings you will see a summary of rents expected and received for all your buildings. […]
Category: How To
When prospective tenants visit your public site (YOURDOMAIN.trustedhomerentals.ca) they have the opportunity to download a PDF application form or to apply using an online form. Unfortunately at this time the online form cannot be changed or modified. However, the downloadable generic Rental_Application.pdf form can be replaced with your own customized […]
Once you are logged in with your existing credentials, go to the top right corner, click on ‘My Profile’ and update your email address and/or password. You’ll receive an email at the new address with a confirmation link. You must click the confirmation link to confirm the change and update […]
When a Tenant moves out, you will need to end their lease. There are two parts to this: First the lease needs to end, ie. the Tenant is no longer living there, has no more rights of abode, and is not charged any more rent. This happens automatically if the […]
To speed up your reconciliation you want as much as possible to be automated. Since many everyday transactions are often repeated, we can set up some automation rules while doing the reconciliation so that we only have to touch these transactions the one time. You can use these rules either […]
Unlike cheques, interac transfers, credit card payments and so, cash does not leave a nice paper trail. For some situations that might be a blessing, but if you want to keep track of your business finances, you need to keep an eye on the cash. RentMaxPro will help you do […]
The goal or reconciling is to match every transaction that is on your bank and credit card statements with an explanation of what the transaction was about. Ideally in the case of expenses one would also attach to it a receipt or invoice that itemizes the expense (i.e. what exactly […]
No need to manually enter your utility bills as an expense each time you receive the statement from the Utility Company. Just arrange to have the email sent to your RentMaxPro account and it will be automatically imported and assigned to the correct building and rental unit. Importing Emailed Invoices […]
Make sure that all your expenses and incomes have been properly entered and categorized, preferably with photos of your expenses. Upload and reconcile all your bank statements (optional – but your accountant will thank you) Income & Expense -> Reconciliation ->Reconcile Enter any mileage claims for traveling expenses Income & […]