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Updated almost 6 years ago on . Most recent reply
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Need help with Quickbooks desktop - Willing to pay!
I switched from QB online to desktop because I could not justify the pricing any more.
I am running into a few issues.
I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing credit, without it being recorded as another deposit. (see lower left corner labeled 'deposit')
I have more issues and willing to pay for some lessons if anyone is willing and able. Thanks in advance.
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![Aaron Shearin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/947383/1695331234-avatar-aarons172.jpg?twic=v1/output=image/cover=128x128&v=2)
Start a new asset account called "prepaid rent". Also start a new liability account to track the service obliagtion so you can balance every month.
At the end of every month credit the asset, debit the liability and tranfer the rent amount into the income account.