My Rental Management LLC

With cash accounting there is no accounts payable. The landlord is posting the actual expense payment. This posting will decrease the bank balance.

If a expense is due on a repair or utility bill the landlord may want to post the expense as a liability due. This is a accrual accounting and the amount is...

When a Landlord has posted a accounts payable for property expenses and now wants to post the actual expense payment the Landlord will decrease the bank bal...