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, 2019 if you are reporting non-employee compensation payments in box 7. These forms must be delivered to payees by February 1, 2019.

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.

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

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.

Download the Tip 5 Tips for Your 1099 Year-End Close eBook

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

  • Texas Manufactured Housing Conference

    September 8-10, 2019 - Austin, TX

    Join us for the TMHA Annual Convention in Austin! TMHA is excited to be holding their event at the completely renovated Omni Barton Creek.  Omni Barton Creek Resort is evolving into a 493-room Hill Country retreat featuring premiere offerings including a…

  • All County Conference

    September 19-21, 2019 - St. Petersburg, FL

    Join All County on September 19-21, 2019 in St. Petersburg, Florida for the All County Annual Conference! The Fall 2019 ACF Annual Conference will be held at the TradeWinds Island Resort on St. Pete Beach. The negotiated group rate the the hotel will be…

  • MHI Annual Meeting

    MHI Logo

    September 22-24, 2019 - Savannah, GA

    MHI’s largest membership meeting of the year provides an excellent opportunity to exchange information with industry friends, stay current on housing marketplace trends, and attend the board, committee and division meetings. The prestigious MHI Chairman’s award, State Association Executive of…

  • IREM Global Summit

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    September 23-26, 2019 - San Francisco, CA

    Real estate management professionals gather for the only industry event specifically designed for both commercial and multifamily real estate managers. The IREM Global Summit provides attendees with rich, contemporary information that will help drive NOI and impact their bottom line,…

  • Florida Apartment Association Conference & Trade Show

    October 2-4, 2019 - Orlando, FL

    Think beyond orbit and explore infinite possibilities at the 2019 FAA Annual Conference & Trade Show, October 2-4, 2019 at the Hilton Orlando Bonnet Creek. The FAA Annual Conference & Trade Show is the premier state conference for the apartment industry.…

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    This article was contributed by HOMEE, a Rent Manager integration and supplier of pre-qualified maintenance professionals. According to the U.S. Census Bureau, “National vacancy rates in the third quarter of 2018 were 7.1 percent for rental housing.” This low vacancy rate is great for property…

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    What good is software if you don’t know how to use it? Rent Manager is constantly evolving with new features and updates. That’s why we’ve developed extraordinary support and training resources that enable you to get the most out of your Rent Manager experience. After…

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    The upcoming academic year is swiftly approaching—soon, countless students will be filing into their leased apartments and campus housing. While the fundamentals of property management still ring true, student housing has so many other layers to consider when implementing a management strategy. Before your residents…

  • Preventing Aggression In Your Community

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