How To Record Deferred Rent For Landlords With Covid 19 Rental Code Requirements
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Brandon explains the following:
✅ Creating a new Revenue Account
✅ Raising the rental income (including deferred and waived rent)
✅ Manual journal to account for the deferred rental and rent receivable
✅ How to invoice for deferred rent in a post Covid-19 environment
✅ Providing deferred rent statements to tenants and accounting for deferred rent once invoiced.
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