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Expenses related to Properties

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  • Expenses related to Properties

    Currently, in PMS, under Properties, I am booking the income (say, Rent) via Other Transactions -> Add Income for the Asset. However, I don't see any way to book expenses (say, Maintenance). Is there a way to address this in PMS?

  • #2
    Dear Suramya,

    You can add the Net Amount of Rent Received (i.e. After deducting the maintenance and other expense cost). You can mention the break-up in Narration section for your information.

    See the screenshot below for your reference:


    Click image for larger version

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