This approach will work with a partnership or a trust.
Note that the difference is that the partner loan balances are handled via the equity section rather than through the liability section as you see in a trust.
Step 1. Activate "Rentals" via Manage Section/Financial Picture
Step 2. You need to create "worksheet" via Income > Rent tab
Note that, imported rentals from accounting software does not inject to the form.
Step 3. Fill the Rental information
use an import feature.
Step 4. "Rental" summary
Notes
- Adding and linking Capital Works and Capital Allowance, checking this related guide HERE
- CO-Owner
If there is a co-owner of the property, you need to set via "Owners" section, and select percentage.
The "Rental Worksheet is automatically linked/synched as long as the partner/spouse is built from the "Relationship" tab.
Related Guides: