To add Coin Laundry Services:
First create a General Ledger for Coin Laundry if you don't already have one set up
Go to Accounting>Chart of Accounts
Add Account
Enter an account code (income accounts are typically a 4000 number)
Type in Coin Laundry as the Account Name
Account Type as Revenue
Category as Operating Revenue
Save
Once the step above is complete:
Go to Accounting>Tasks
Create a new journal entry
Select the property you wish to associate this income with and the owner. Double check the posting date
Select Coin Laundry for the General Ledger
Enter the unit (if you don't have a Laundry Room set up as a unit we recommend creating a common room. If the Laundry Room does not appear in the drop down selection after creating this unit please refresh the page)
Type in your desired description
Enter the amount received in the Debit field which will automatically put the same amount in the Credit field
Choose the Credit General Ledger as the account you wish to credit (ie Operating Bank) and select the unit
Add any notes or files
Post and this creates a deposit for receiving the laundry amount.
When you are ready to payout the owner this will be included in the owner payout. If you are posting AFTER already doing the owner payout complete a second owner payout.