Understanding the True Income

mobile home university
1

Hi all,
I have two questions regarding the reporting on RM.

  1. When reviewing a property’s data from March 1st until today, the Summary Rent Roll report shows X, while the Profit and Loss report reflects X + $3K. What is causing this significant difference, and which of these figures is more accurate in reflecting the actual bank transactions?
  2. Based on your experience, what is the best way to get an accurate picture of income when a tenant makes a payment a day or two before the first of the month?
    Looking forward to your insights.
    Thank you!
3

We use Rent Manager and found that the technical support is good. I recommend you call them and ask that question as they are more expert than anybody on this forum.