Frequent 123Landlord questions - Accounting entries

Need an understanding of the Accounting tab. I thought that because I entered a received rent payment it would be shown under the accounting entries section. However, I had to manually enter that information. Is this correct?


When collecting rent, you can have an accounting entry auto-created.  You'll have to collect a payment manually (eg. instead of the quicker Pay -> Post button, choose "Advanced Options" link and enter the payment manually) and then down below on the collect rent, specify the account code for the payment and (optionally) late fees.  This choice will be saved and you can then post payments using the quick method and accounting entries will then be created automatically for the amount collected.


EDIT: more detailed info about this here: