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January 14, 2020
Question

Fees on Reconciliation

  • January 14, 2020
  • 1 reply
  • 0 views

This month we have both interest charges and late fees. How do I enter them separately on the reconciliation?

1 reply

January 14, 2020

Hi there,

 

I appreciate you reaching out to the Community. Making sure you're recording the transactions the right way is a good exercise for preventing errors in your books. 

 

I recommend contacting an accounting professional who specializes in real estate to get more info on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. In the meantime, check out these helpful resources which will help you with reconciling your accounts.

If you still have questions, please contact our support team using this link

 

 Let me know if you have other questions. I'm here to help.