Net rental property income note

Accountants Enterprise in Australia only

For correct presentation of this note

For MAS, the description for each rental property name detail should be entered as a description in sub code 216-01, 216-02 etc with appropriate division attached.

For Accounts, the description for each rental property name detail should be entered as a division; each expense associated with that rental property should have the appropriate division attached.

Real Estate Properties Assets Note

For MAS: to correctly present this note, all rental property names and addresses should be entered in the Client Chart description for the relevant Land and Buildings account from both MAS range for the Property Plant and Equipment section.

For Accounts: to correctly present this note, all rental property names and addresses should be entered in the Client Chart description for the relevant Land and Buildings account from Accounts Master Chart range for the Property Plant and Equipment section.