Accounting for real estate brokers and agents
with QuickBooks Online
has some specialized areas,
that we’re focused on in this 1.5 hour webinar.
In the previous videos, we covered the basics:
In this webinar I take you on a deep dive into all of this and beyond.
I reviewed the above.
Then we looked at how the Real Estate Broker can handle paying the agent.
We looked at how to deal with advances, as well as advanced costs.
You’ll see how to tag any expense to a listing, so you can get a detailed profitability report on that listing, once it’s sold.
I’ll show you how to use locations, for a really clean profit and loss by property report.
Trust Accounting for any deposits received from clients, is also handled via Location tracking. I cover this in some detail, including how to move the money over to your checking account, with the proper reporting intact.
You will also learn how to set up and manage reporting for the trust account.