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, 2018 if you are reporting non-employee compensation payments in box 7. These forms must be delivered to payees by February 1, 2018.
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.