Property Management Software Provider Improves Accounting Features

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Rentec Direct, leading provider of property management software and tenant screening services, welcomes a new upgrade to the system’s accounting reports with category ledger improvements.

Property Management Software Powerful Accounting

Rentec Direct makes improvements to the property management software's accounting features.

Being able to access a report that displays all the forgotten uncategorized transaction, makes it so much easier for our clients to balance reports correctly at the end of the year- Nathan Miller, Rentec Direct president

Property management software company, Rentec Direct, announced a new update to the category ledger report for subscribers using the system’s accounting features. This feature benefits property managers and landlords who use the cloud-based software to manage rental properties in the United States.

Rentec Direct’s developers responded to subscriber requests to be able to identify “Uncategorized” transactions quickly in order to properly organize financial data for accounting purposes. Before Rentec Direct released this new feature, subscribers had no way of performing a quick search of all “uncategorized” transactions. Now subscribers have the ability to quickly pull a report that lists all uncategorized transactions that can be quickly edited directly from the report.

“We understand that our clients are sometimes in a hurry and might not know the category a transaction belongs to when it’s being entered into the system, so it gets left as uncategorized and then forgotten about. A year later it becomes a problem if there are many of these types of transactions that need to be identified,” explains Nathan Miller, Rentec Direct’s president. “Being able to access a report that displays all the forgotten uncategorized transactions, makes it so much easier for our clients to balance reports correctly at the end of the year.”

Uncategorized transactions in Rentec Direct’s software are filtered by property, account or date criteria. This new feature is particularly useful for property managers preparing their end of year accounting reports for tax purposes.

For more information on how to take advantage of this new feature to quickly organize and edit uncategorized transactions in Rentec Direct’s property management software, visit the company’s blog article on Category Ledger Report Improvements.

About Rentec Direct
Rentec Direct provides cloud based rental software solutions for property managers and landlords. Rentec Direct services include tenant screening packages, tenant ACH payment processing, marketing tools and online syndication of vacancies to more than 20 popular websites.

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Dulcey Schuster
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