New Business Entities

A new function called Business Entities has been created.

A business entity is an organisation owned by the RentHQ account owners.  For example if you are a property manager, then your property management business would be a business entity.  For a landlord who has a company or a trust or properties in their own name, each of those would be a Business Entity in RentHQ.

The purpose of creating business entities is to allow separate reporting for each business entity.  For people who only have 1 business entity, this new function has no effect on you.

With the creation of Business Entities, the previous <General> property which you find on the cashbook screen has been replaced with the business entity name.  So if you have multiple business entities, you would have multiple <General> type properties.

You can create or rename entities using the Functions/Setup/Business Entities menu option.

A video tutorial can be found here

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