[Now available on iOS and Desktop]

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When reconciling income via our bank feeds feature you can now split the transaction into multiple income payments and across multiple properties when reconciling from the bank feeds.

This update means if you have a tenant pay for multiple things in a single transaction such as the rent and the security deposit, for example, you can split and track them separately.

How to Split Income on Desktop

Step 1: Open the app and navigate to bank feeds.

Step 2: Click on the three dots to the right of the "Reconcile" button for the income transaction you want to split and select "Split".

Step 3: The system will automatically split it into two equal transactions.

Choose the property you want each transaction to be reconciled against and the payment type.

The system will automatically apply the payment to the earliest payment period for that units current lease.

If you want to split it across more than two properties you can manually change the amounts and add as many new splits as you need.

The system will calculate how much of the income remains unentered - in order to complete this reconciliation there can not be any "Split Remaining".

Step 4: Hit “Go” when you’re ready and the system will log the payments against the properties you selected.

You can view and edit these transactions by navigating to the relevant property and selecting view payment history.

Unreconcile a Split Income Transaction

If you erroneously reconciled an income transaction you can unreconcile it easily by navigating to the “Reconciled” page.

The income that has been split will have the split transaction symbol. Click on the three dots for the transaction you want to unreconcile and hit “Unreconcile”. It will ask you to confirm.

Hit “Continue” and this will unreconcile the transaction and remove all of the entered incomes that were created when you reconciled.

Split Income Transactions for iOS

When reconciling income via our bank feeds feature you can now split the transaction into multiple income payments and across multiple properties.

This update means if you have a tenant pay you the deposit and first month’s rent in one transaction, for example, you can split and track the rent amount and the deposit amount separately even though there is only one transaction in your bank feeds.

How to Split Income on iOS

Step 1: Open the app and navigate to bank feeds.

Step 2: Click the "Reconcile" button for the income transaction you want to split.

Step 3: At the top of the page select the split transaction tab.

Step 4: You can turn on the split evenly toggle to create equal splits. Or you can manually enter the details to stipulate how much each split transaction is.

You can add as many new splits as you like. The system will calculate how much of the income remains unentered - in order to complete this reconciliation there can not be any "Split Remaining".

Step 5: Choose the property you want each transaction to be reconciled against and the payment type.

The system will automatically apply the payment to the earliest payment period for that unit’s current lease.

Step 5: Hit “Go” when you’re ready and the system will create the transactions in the system as specified by you.

You can view and edit these transactions by navigating to the relevant property and selecting view payment history.

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