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Landlord ledger - Overview

Updated over 6 months ago

The Landlord ledger can be accessed by navigating to Letting properties > Property balances and clicking on the value in the Landlord balance column.

From this page, users can view transaction history for income, expenditure, and payments to the landlord.

A separate tab within this ledger shows any float balances.

Overview

  • Incoming funds can be seen in the Amount in column

  • Deductions can be seen in the Amount out column

  • The Property balance displays the running total of income against expenditure

  • Descriptions and Sub-categories indicate where the funds have been assigned in the system for identification and reporting

  • Certain funds do not affect the running balance and are shown in red, such as Rent overpayments, Rent repayments, and Overpayment deductions.

Each time a landlord is paid, a Rent out line is added to the ledger. This brings the Property balance down to £0.

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