How to Remove Inactive Sold Properties?
How to Remove Inactive Sold Properties?
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Question:
How do we removed inactive sold property?
Answer:
You can take advantage of the new "End Management" task which will display a summary of all of the tenant prepayments, security deposits, and unpaid bills/work orders to close out. You'll need to create a GL account for closing out the property and move out all of the tenants using this GL account to release any funds to the owner or new property management company.There are quite a few steps, but this article on how to remove inactive sold properties walks through all of them
How to Remove Inactive Sold Properties?
Question:
How do we removed inactive sold property?
Answer:
You can take advantage of the new "End Management" task which will display a summary of all of the tenant prepayments, security deposits, and unpaid bills/work orders to close out. You'll need to create a GL account for closing out the property and move out all of the tenants using this GL account to release any funds to the owner or new property management company.There are quite a few steps, but this article on how to remove inactive sold properties walks through all of them
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