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Updated over 1 year ago on .

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Kali Gennette
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Question: ledger vs cash journal

Kali Gennette
Posted

We just converted our first income property from an Airbnb to a long term furnished rental. I want to make sure I’m keeping up with appropriate record keeping but with only one property, I’m not sure how to format a cash journal? I see that a ledger is provided by the RentRedi softwhere, which is awesome, but I was wondering if anyone had insight in if I need to set up a separate cash journal and if so, what is important to include and how should it be formatted? 

I appreciate any guidance you can provide, thank you so much! 

  • Kali Gennette