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Income & Expense Accounting for Property Management
Universal
Income & Expense Accounting
Business
Ideal template to manage the accounting of a property or an apartment (real estate), simply entering the income and the expenses. The list of tenants are managed with a cost center.
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Property XXX
Accounting 2022
Group | Account | Description | Sum In |
---|---|---|---|
ESTATE | |||
Assets | |||
Cash | Cash | Assets | |
Post | Post office current account | Assets | |
Bank | Bank | Assets | |
Rents receivable | Rents receivable | Assets | |
Machinery | Machinery and applicances | Assets | |
Office forniture | Office furniture | Assets | |
Computer | Computer | Assets | |
Software | Software | Assets | |
Building | Building | Assets | |
Land | Land | Assets | |
Assets | Total Assets | Net Estate | |
Liabilities | |||
Suppliers | Suppliers | Liabilities | |
Mortgage | Mortgage | Liabilities | |
Deposit from tenants | Deposit from tenants | Liabilities | |
Liabilities | Total Liabilities | Net Estate | |
Net Estate | NET ESTATE | ||
Group | Category | Description | Sum In |
---|---|---|---|
OPERATING RESULT | |||
Income | |||
Rental income | Rental income | Income | |
Other rental | Other rental related income | Income | |
Other income | Other income | Income | |
Income | Total Income | Result | |
Expenses | |||
Advertising | Advertising for tenants | Expenses | |
Property agent fees | Property agent fees/commission | Expenses | |
Legal expenses | Legal expenses | Expenses | |
Insurance | Insurance | Expenses | |
Land taxes | Land taxes | Expenses | |
Licence and permits | License and permits | Expenses | |
Depreciation | Depreciation | Expenses | |
Repairs | Repairs and maintenance | Expenses | |
Electricity | Electricity expenses | Expenses | |
Water | Water charges | Expenses | |
Heating | Heating expenses | Expenses | |
Cleaning | Cleaning | Expenses | |
Gardening/Lawn mowing | Gardening/Lawn mowing | Expenses | |
Pest control | Pest control | Expenses | |
Stationery, telephone and postage | Stationery, telephone and postage | Expenses | |
Materials | Materials | Expenses | |
Interest on mortgage | Interest on mortgage | Expenses | |
Miscellaneous expenses | Miscellaneous expenses | Expenses | |
Expenses | Total Expenses | Result | |
Result | TOTAL OPERATING RESULT | ||
Profit and Cost centers | |||
Tentants | |||
;T01 | Tenant 1 | T | |
;T02 | Tenant 2 | T | |
;T03 | Tenant 3 | T | |
;T04 | Tenant 4 | T | |
T | Total tenants |