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Here’s how to record rental income in QuickBooks when it is received:
- Open the Customer menu from the home screen.
- Select Receive Payments.
- Choose the Receipt Account from the Accounts drop-down menu.
- Select the correct Tenant from the Customer list.
- Enter the amount of the payment.
- If multiple rent payments are being entered at the same time, select Group With Other Undeposited Funds.
- Select Next and enter the remaining rent receipts.
- Select Save, then Close.
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