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.

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

  • MHVillage International Networking Roundtable

    September 5-7, 2018 - Indianapolis, IN

    The 27th International Networking Roundtable is "the place to go" for hands-on, timely education regarding every aspect of land lease community ownership and professional property management. If you own or operate one or more land lease communities in the U.S.…

  • Texas Manufactured Housing Association Convention

    Texas Manufactured Housing Association

    September 16-18, 2018 - Irving, TX

    The purpose of TMHA is to serve its membership while simultaneously promoting the general welfare and interest of the manufactured housing industry throughout the state of Texas. TMHA is composed of professionals committed to successfully representing the interest of their…

  • Florida Manufactured Housing Association Convention

    FMHA

    September 18-19, 2018 - Orlando, FL

    Florida Manufactured Housing Association, Inc. (FMHA) is a membership-funded not-for-profit organization whose mission is to advance the interests of the manufactured housing industry as well as those who seek reliable information on the many benefits of buying a manufactured home.…

  • IREM Global Summit

    Institute of Real Estate Management Logo

    September 26-29, 2018 - Ft. Lauderdale, FL

    Over 850 real estate management professionals will gather in Ft. Lauderdale, Florida for the only industry event specifically designed for both commercial and multifamily real estate managers.  The IREM Global Summit provided attendees with rich, contemporary information that will help drive NOI and impact…

  • Western Manufactured Housing Communities Association Convention & Expo

    Western Manufactured Housing Communities Association

    October 8-11, 2018 - Henderson, NV

    Owners rely on managers to find opportunities to ensure the successful operation of their communities. At the WMA Convention, you will find everything for you, on a professional level, it will blend educational programs with entertainment and networking forums so that…

Recent Blog Posts

  • API Partner Periodical

    API ideas

    London Computer Systems (LCS), developer of Rent Manager® property management software and other business-critical technologies, is pleased to announce the addition of exciting new service provider partners, and updated features from long-time partners, available via our open application programming interface (API) integrations. Providing Rent Manager…

  • On Tour with Rent Manager – #rmTradeShowTour2018

    Spring is an eventful season for the Rent Manager staff—from travelling across the country for industry conferences and trade shows to hosting on-site trainings and user round tables. Plans for this time of year began last November—almost as soon as the team returned from the…

  • LCS, David Hegemann Take Home Top Honors from Cincinnati Enquirer

    LCS Takes Home Top Honors at 2018 Enquirer Media Top Workplaces Awards President and CEO, David Hegemann, Honored with Leadership Best In Show Cincinnati, Ohio (June 28, 2018)—London Computer Systems (LCS), developer of Rent Manager® property management software and other business-critical technologies, has been named…

  • Our Most Recent Awards and Recognitions

    Quality, Urgency, and Execution. These watchwords guide everything that we do here at LCS and Rent Manager. It is because of these values, and our continual strides to provide one of the most technologically advanced and uniquely customizable software solutions to the property management industry…

  • Rent Manager a Top-Five Leader in 2018 FrontRunners Analysis

    London Computer Systems (LCS), developer of Rent Manager® property management software and other business-critical technologies, is pleased to announce that Rent Manager has been named as a leader on the 2018 FrontRunners quadrant for property management software, powered by Gartner Methodology. This FrontRunners analysis is…