Recording rental income is quite simple. You can set up the room as sub-customers, then, create the right accounts and items for the property.
Here’s what we recommend:
Set up the property owners as customers, then the room and tenants as sub-customers. Here’s an example:
- Create a new customer and name it […]
Resolution for 'account income issue: 'How can i account income for rent of a room' available: Yes.
The account income issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the account income issue yourself by looking for a resolution described in the article. If it is a complex account income issue or you are unable to solve the issue, you may contact us by clicking here or by using other account income support options.
For more information about resolving issues related to account income in Quickbooks/QBO or to get support for the issue 'How can i account income for rent of a room', click the link below: