Azibo Support

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Activity overview

Latest activity by Azibo Support
  • Azibo Support created an article,

    Property Improvements and Repairs: Expense or CapEx?

      After completing a project at your rental properties, you may wonder whether it should be reported as an expense or Capital Expenditure (CapEx). Each designation has accounting impacts: You can ...

  • Azibo Support created an article,

    Accounting for Prepaid Rent

    One common mistake with accounting for prepaid rent is to book it on the Balance Sheet instead of on the P&L when it takes place. In fact, some accounting software might have misguided you to do so...

  • Azibo Support created an article,

    How to Account for Mortgage Payments

    How to Account for Mortgage Payments   Though your mortgage payment for your property is one big lump sum per month, it’s composed of several pieces that need to be booked separately. But not all o...

  • Azibo Support created an article,

    What is Cash-Basis Accounting?

    When it comes to accounting for real estate investments, most independent rental property owners choose cash-basis accounting.    Cash-basis accounting means that accounting is done at the time tra...

  • Azibo Support created an article,

    Schedule E Report

    What is a Schedule E? A Schedule E form is used to report any income or loss that you have incurred from rental real estate, partnerships, S corporations, royalties or trusts to the IRS.    How do ...

  • Azibo Support created an article,

    Profit & Loss (P&L) Statement

    What is a P&L? A Profit & Loss Statement or P&L summarizes the revenues, costs, and expenses incurred during a specific time period. This report helps you understand the revenue and expense drivers...

  • Azibo Support created an article,

    Tips To Make Azibo Accounting Even Easier

    Here are a few best practices to make the most out of Azibo Accounting. Edit multiple transactions at a time  Make bulk edits to multiple transactions at once, including adding category or proper...

  • Azibo Support created an article,

    Tenant Application and Screening

    As a rental property owner, protecting your investment is a top priority. One of the best ways to do so is by checking whether your tenants have historically been reliable, trustworthy, and able to...

  • Azibo Support created an article,

    What is Fast Pay?

    Fast Pay enables tenants to make payments in 1 business day, sometimes even on the same day.  Standard payments typically take 3 business days to arrive in a landlord's bank account, but Fast Pay c...

  • Azibo Support created an article,

    How may I upload my property and tenant information?

    Getting Started We now offer a new capability allowing you to add your property and tenant information to a template (CSV file) and we’ll upload it for you.  You may access this feature one to two...