Setting up QucikBooks 6.0 for rental properties

[Claudia Katz]

I'm hoping to set up QuickBooks Pro 6.0 to handle the accounting for
our apartment properties (as owners). I would
appreciate any advice people might have as to the best way to set it
up to handle tenants and apartments. I'm currently looking
at two options:

1) Set up the buildings as 'customers', with the individual units as
jobs and tenants as sub-jobs.

2) Set up the tenants as customers, with buildings and units as
different classes.

Also, how would you suggest handling rent, parking, etc? My thinking
on this is to use items for each unit and parking space.
Any practical advice would be a real help...

[WELLOFFICE]

This may not be practical advice for your situation, but I have used Quicken
for a 50 tenant office complex for about 6 years and it seem to work fine. I
also use QuickBooks Pro 6.0 for a separate contracting business, but have not
felt a compelling reason to switch the office complex over to QuickBooks Pro.
Actually, I like the much cheaper ugrade prices on Quicken, than quickbooks.

Randy
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