Keep track of all your rental payments, income and expenses in one easy spot.
As rental payments are captured and expenses recorded, the reporting function will be automatically populated with the relevant information. When it comes to the end of the financial year (or any time really), you can sit back and relax knowing that your investment property reports are organised and waiting for you on the RentBetter platform.
Review all information automatically entered under income or expense.
Allocate expenses to the correct categories as per the ATO
Enter a new reporting item by adding income or expense, and attach receipts or relevant documents for record-keeping.
You can download a copy of the report or revisit the platform at any time since the history of your reports will be saved for each financial year.
How do Reports work on RentBetter?
To create a new Report, head to the Properties page and locate the property you wish to create a report for. On the right-hand side, you will see a menu underneath the Manage and Maintain section. Click on Reports.
In the main reporting dashboard, you can review all information that's been automatically entered under income or expenses.
Select the financial year from the drop-down in the top right.
You can enter a new reporting item manually by clicking on add income or add expense in the right-hand side of the page.
You'll need to enter your details and attach any relevant receipts of documentation for record-keeping.
You can download a copy of reports for any financial year - All reports are kept inside the platform for previous years so you can revisit and download them at any time.
Reports FAQs
What does the ATO require for reporting purposes from landlords?
At the end of the year, the ATO (and also likely your accountant) will want to know how much rental income you received in the tax year, and also the expenses you incurred as a result of owning the property. The reporting feature allows you to categorise these items in the correct groupings for your accountant and the ATO
Need further assistance?
Have more questions about Reports? Reach out to our friendly team at info@rentbetter.com.au and we’ll be happy to help.