Rentec Direct Adds New Batch Income and Expense Transaction Tool to Property Management Software

GRANTS PASS, Ore., May 21, 2020 /PRNewswire-PRWeb/ -- Rentec Direct, the highest-rated property management software solution, is pleased to announce the addition of a new batch income and expense transaction tool to its software platform. Referred to as the Batch Input Tool, this new feature streamlines the accounting process for property managers and landlords by eliminating the multi-step process previously required to record income and expense transactions.

"We are consistently researching new technology and analyzing client feedback to find ways to make the job of landlords and property managers easier and more efficient," said Nathan Miller, President of Rentec Direct. "We are excited about this new feature that will streamline this common accounting task and save our clients valuable time."

The Batch Input Tool assists landlords and property managers with recording income like tenant rent payments or tenant deposits, as well as expenses like owner disbursements, vendor expenses, utilities and other property expenses.

The new tool introduces several time-saving features, including:

    --  The ability to enter multiple transactions at once, instead of one at a
        time
    --  Income can be posted directly to a linked bank account
    --  A new autosave feature
    --  Income can be split into different categories and attachments can be
        uploaded (like a copy of a check)
    --  Expenses can be split across different properties and attachments can be
        uploaded (like an invoice or receipt)
    --  Income can be directly posted to an undeposited funds ledger to create
        deposit slips

The new Batch Input Tool was featured in a recent Client Success Webinar that is available for Rentec Direct clients to access.

To learn more about this new feature, visit: https://www.rentecdirect.com/blog/batch-income-and-expenses/.

About Rentec Direct
Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry's largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting and more. Rentec Direct received the Real Estate Company of the Year Award in the 2019 American Business Awards, has been named to the Inc. 5000 List of Fastest-Growing Private Companies for three years in a row (as of 2019), and was also included on the 2017, 2018 and 2019 Entreprenuer360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com

SOURCE Rentec Direct