HOW TO Record Deferred Rent For Landlords With Covid-19 Rental Code Requirements
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.