How to Set Up a Real Estate Ledger
Load your transactions onto a mobile application., Use an online program or computer software., Use an old fashioned ledger book if you prefer paper and pencil.
Step-by-Step Guide
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Step 1: Load your transactions onto a mobile application.
Use your smart phone, which is like a mini computer and can be used as a real estate ledger if you prefer keeping your information accessible at all times.
Try the Ledger app for iPhones and iPads.
This provides a traditional ledger and can accommodate complex transactions such as split commissions.
It records transfers and allows you to create balance sheets, income statements and other information you might include in a real estate ledger.
The cost in 2012 is $3.99.
Consider an Android app such as Business Ledger or TimeLedger.
These are particularly useful to self-employed individuals and can record all real estate and financial transactions.
Most droid apps in 2012 cost around $9.99. -
Step 2: Use an online program or computer software.
Consider a computer program such as a basic Excel spreadsheet or software such as Quicken, QuickBooks or MRI Software if you want a digital real estate ledger but do not need mobile capabilities. , You can still find printed books that will hold and record all of your accounts and financial transactions. -
Step 3: Use an old fashioned ledger book if you prefer paper and pencil.
Detailed Guide
Use your smart phone, which is like a mini computer and can be used as a real estate ledger if you prefer keeping your information accessible at all times.
Try the Ledger app for iPhones and iPads.
This provides a traditional ledger and can accommodate complex transactions such as split commissions.
It records transfers and allows you to create balance sheets, income statements and other information you might include in a real estate ledger.
The cost in 2012 is $3.99.
Consider an Android app such as Business Ledger or TimeLedger.
These are particularly useful to self-employed individuals and can record all real estate and financial transactions.
Most droid apps in 2012 cost around $9.99.
Consider a computer program such as a basic Excel spreadsheet or software such as Quicken, QuickBooks or MRI Software if you want a digital real estate ledger but do not need mobile capabilities. , You can still find printed books that will hold and record all of your accounts and financial transactions.
About the Author
Jean Cox
Jean Cox specializes in educational content and has been creating helpful content for over 4 years. Jean is committed to helping readers learn new skills and improve their lives.
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