Great video. Thanks for the information you have given. If I may ask. How can one set up their Chart of Accounts for Wholesaling and Flipping properties? Your help in this matter is greatly appreciated.
Helpful information. Question. When setting up the mortgage COA, what about the interest on the mortgage? Shouldn't that be a separate account (i.e., principal and interest)? Thanks.
Hi Denise - Yes, you are correct. Principal and Interest should be separate accounts. Each month as you pay your mortgage, a portion will go towards the principal and a portion will go towards interest. Thanks for stopping by! - Jeri
hi is there anyway you can provide the excel of csv for this template.... i have tried converting the file on my own to both excel and csv on my mac but when i try up loading and going to the next step after pressing next... it says "no match" for detail, account number and type. for account name it is blank. Please help Ive already deleted all my pre-sets and don't know how to get past this hiccup... thank you!!
@@MalaikaOgutu The excel file (Updated Sample Real Estate Chart of Accounts) is at the bottom of the blog. Here is the link - stratafolio.com/chart-of-accounts-real-estate-company-quickbooks-online/
Thank you, Amit, for bringing this up. I cannot recreate the issue. Here is the link to the blog stratafolio.com/chart-of-accounts-real-estate-company-quickbooks-online/ The link to the file is at the bottom of the blog. Please let me know if you are still having issues accessing this. Jeri
Thank you for your help. There is little out there on RE accounting in QB.
Completely agree with your assessment! So glad we could help!
Very informative and very needed for bookkeeping purposes!
Thanks for the positive feedback! Glad we could help!
Great video. Thanks for the information you have given. If I may ask. How can one set up their Chart of Accounts for Wholesaling and Flipping properties? Your help in this matter is greatly appreciated.
As a Realtor, how would I input some expenses for a certain property? And split my commissions and royalties from that property?
Helpful information. Question. When setting up the mortgage COA, what about the interest on the mortgage? Shouldn't that be a separate account (i.e., principal and interest)? Thanks.
Hi Denise - Yes, you are correct. Principal and Interest should be separate accounts. Each month as you pay your mortgage, a portion will go towards the principal and a portion will go towards interest. Thanks for stopping by! - Jeri
hi is there anyway you can provide the excel of csv for this template.... i have tried converting the file on my own to both excel and csv on my mac but when i try up loading and going to the next step after pressing next... it says "no match" for detail, account number and type. for account name it is blank. Please help Ive already deleted all my pre-sets and don't know how to get past this hiccup... thank you!!
the excel or csv template file***
@@MalaikaOgutu The excel file (Updated Sample Real Estate Chart of Accounts)
is at the bottom of the blog. Here is the link - stratafolio.com/chart-of-accounts-real-estate-company-quickbooks-online/
The links to the COA file don't work. Is your site down?
Thank you, Amit, for bringing this up. I cannot recreate the issue. Here is the link to the blog stratafolio.com/chart-of-accounts-real-estate-company-quickbooks-online/ The link to the file is at the bottom of the blog. Please let me know if you are still having issues accessing this. Jeri
Where do I find the sample chart of account file?
I emailed it to you, La Toya. Thank you for stopping by!