Year-End Close Resources

WELCOME TO THE RENT MANAGER YEAR-END CLOSE RESOURCE CENTER

Congratulations on bypassing the call queue!

We created this online catalog to be the fastest, simplest way to find answers to your most-pressing tax-season questions and concerns.

If printing isn’t your issue, the following article links should help you quickly and easily navigate your end-of-year accounting activities. Please review the following scenarios to identify the solution that best meets your needs:

Know your deadlines: 1099-MISC forms must be filed with the IRS on or before January 31, 2017 if you are reporting non-employee compensation payments in box 7. These forms must be delivered to payees by February 1, 2017.  If you are not reporting such payments in box 7, file by February 28, 2017 if you file on paper, or by March 31, 2017 if you file electronically.

Use the 1099 Adjustment Tool to quickly correct the vendor 1099 allocations on your checks.

Follow a few simple steps to make sure your vendor, owner, and property data is correct and complete.

Check that your vendors are correctly marked before running your 1099s.

Add unrecorded 1099 beginning vendor balances to your properties using the YTD Balances Tool.

Use the 1099 Vendor Breakdown Report to view all vendor 1099 and non-1099 transaction totals by property.

Fix 1099 Vendor Breakdown errors quickly and efficiently.

Enter missing Tax ID Numbers in a few simple steps.

Calculate Owner 1099s—accurately—in no time.

With a few clicks of the mouse, generate and print your 1099s.

eFile your 1099s by exporting your completed reports.

Create and print 1096 reports in a flash.

Adjust the formatting of your 1099s and 1096s to eliminate printing issues.

Post your retained earnings for the year’s end.

Discover how to establish a default accounting close date and designate other accounting close settings.

Need to reverse a transaction that falls within a closed accounting period? We can help!

Learn how to compare your Balance Sheet and Profit & Loss reports to verify your operation’s net income.

If you didn’t find the answers to your questions here, try searching Rent Manager University, or contact our support specialists from 8:00 am to 7:00 pm Eastern, Monday through Friday, 800-669-0871 or support@rentmanager.com.


Rent Manager Overview

Upcoming Events

  • Manufactured Housing Communities of Arizona Annual Conference

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    June 21-23, 2017 - Chandler, AZ

    Manufactured Housing Communities of Arizona (MHCA) is a non-profit organization created in 1947 to protect and promote the interests of manufactured housing community owners. MHCA does this in many different ways, including tackling legislative and legal issues, educating community owners…

  • National Apartment Association Education Conference & Expo

    National Apartment Association Education Conference & Expo

    June 21-24, 2017 - Atlanta, GA

    It's time to Apartmentalize, which means taking your career, your company and the experience your residents receive to the next level. Achieve greater success in all three areas by joining us in Atlanta to attend the apartment industry's premiere event…

  • BOMA International Annual Conference & Expo

    BOMA International Conference & Expo 2017

    June 24-27, 2017 - Nashville, TN

    Your commercial real estate success story began with the first steps you took toward building relationships to make your business thrive. Take the next steps toward boosting your property—and your career—at the industry’s premier professional event: the BOMA International Annual…

  • NARPM Southern States Area Conference

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    June 28-30, 2017 - Savannah, GA

    You don’t want to miss the 2nd Annual Southern States Area Conference hosted by the NARPM® Atlanta Chapter.  Join the NARPM® Atlanta Chapter & professionals from throughout the Southeast and bring the family and make it a vacation! Savannah is…

  • NC Realtors Conference & Expo

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    September 17-19, 2017 - Asheville, NC

    Don’t miss the unique opportunity to meet face-to-face with the influential real estate decision makers that can help your business grow. XCHANGE ’17, our 2017 NC REALTORS Conference & Expo is slated to bring together more than one thousand of…

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  • Broaden Your Business Horizon At RMUC.17 In Tucson!

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    Spring is in full swing, and plans are well underway for the 2017 Rent Manager User Conference. We are so excited to welcome you all to RMUC.17 in gorgeous Tucson, Arizona. We are hard at work prepping for a conference that will knock your socks…

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  • Rent Manager Road Show – Coming Soon To A City Near You!

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    The first-ever Rent Manager Road Show was a huge success, and now we're getting plans in place to take the show on the road again! As you know, the property management industry is rife with new technologies that are changing the way properties are managed,…