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.


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Upcoming Events

  • NAA Apartmentalize

    Apartmentalize 2019

    June 26-29, 2019 - Denver, Colorado

    Apartmentalize is the apartment industry's premier event, attracting 10,000 attendees. The event offers 70+ education sessions, powerful keynote speakers, networking opportunities and the largest national trade show featuring more than 500 exhibitors.

  • Think Realty Conference & Expo – Irvine

    July 13-14, 2019 - Irvine, CA

    If you consider yourself a real estate entrepreneur, this event is for you. Learn about tools, tips and resources, and how to manage your real estate business. Meanwhile, you will also connect with pros, exhibitors, and educators that will help…

  • NARPM Southern States Conference

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    July 17-19, 2019 - Nashville, TN

    You don’t want to miss the 2019 Southern States Conference, hosted by the NARPM® Atlanta Chapter,  in the music city of Nashville, TN!  Join professionals in residential property management from throughout the Southeast and bring the family to make it a vacation.…

  • RV/MH Hall of Fame

    August 1-2, 2019 - Elkhart, IN

    The RV/MH Heritage Foundation began its operation in 1972 and operates today as the RV/MH Hall of Fame and the Northern Indiana Event Center. It is a 501c-3 public not for profit. ITS MISSION WAS FIVE FOLD: To maintain a…

  • 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…

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