Tracking income & expenses by real estate listing
pmk856
Member Posts: 4
Hi All - helping a friend track her expenses and income for her real estate business. She would like to see her net income per listing - she has about 20-30 listings per year. I'm trying to figure out if I can set that up in Wave or do I just need to track it separately on a spreadsheet. I'm brand new to Wave but excited about what I see so far. Any help will be greatly appreciated.
1
Comments
Not on Wave.
I am using Wave to manage over 100 plots of lands and properties under a single corporation and I would love to have this information be made available.
A job costing feature or a GP analysis report would be helpful.
Hi, @pmk856.
@eliteacchk is mostly right in that there isn't an easy way to do this in Wave. The only way to do it would be to create individual income and expense accounts for each of those properties so that you can track them individually through your Account Transactions report. You'd still have to subtract the amount of each expense account with each matching income account, but that shouldn't be too much work.
I hope this helps!