Keep track of all your rental payments, income and expenses in one place
Rental payments and expenses are automatically captured in the reporting function, making it easy to keep your investment property records organised. Whether it’s the end of the financial year -or anytime you need them - your reports are ready and accessible on the RentBetter platform.
In this Article:
Finance Report - Key Features
✅ Automatic population of income and expense data from your rental payments.
✅ Review and categorise all information under income or expense.
✅ Allocate expenses to the correct categories according to ATO requirements.
✅ Add new items manually and attach receipts or relevant documents for record-keeping.
✅ Download or share reports at any time, with the history of each financial year saved securely on the platform.
How Finance Reports Work
To navigate to the reports section of the platform, on the left-hand navigation menu, click on 'Reporting' > 'Finance Report'.
Select the Property To View
In the main reporting dashboard, you can review all information that's been automatically entered under income or expenses for all your properties, or you can filter to look at a specific property.
Filter by Date
You can opt to filter the report by financial year or any other custom date of your choosing from the date filter.
Add Reporting Items
The items in your Finance Reports are automatically pulled from the rental payments and expenses you’ve entered in RentBetter. If you’d like to add something extra, you can manually create a new reporting item by clicking the ‘Add’ button under either the Income or Expense sections.
You'll need to enter your details and attach any relevant receipts or documentation for record-keeping.
To edit a manually added item, click on the line item to open it, then use the three dots at the top right to choose either Edit or Delete:
View Category Details
You can see the details of every line item within each report category. Simply click on the category, and the details will open in a side panel for easy review.
Download or Share Report
Download a copy of the report by clicking the ‘Download’ button, or
Share the report directly with anyone by clicking the ‘Share’ button.
If you choose to share, simply enter the recipient’s email address. The report will be shared with them in real time, so any changes or updates you make will also appear automatically for them.
All reports are kept inside the platform for previous years, so you can revisit and download them at any time.
Finance Report 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
Can I share my income and expense report with my accountant directly from RentBetter?
Yes! With the ‘Share Report’ option, you can instantly download and share your Finance Reports from RentBetter with anyone you choose - including your accountant. This feature is designed to simplify tax time and eliminate double-handling of expenses.
Any updates you make to your reports will be reflected in real-time, so the recipient always has access to the most up-to-date information.
Can I edit or remove the items that appear in the report?
If you’ve manually added an income or expense item, you can edit or remove it at any time. However, items automatically pulled from other sources - such as rental payments processed through the platform - cannot be edited.
If I cancel my subscription/account, will I still have access to reports?
If you cancel your subscription, you will no longer have access to your data so you will need to ensure you take the steps to download any necessary information before taking this step.
💬 Need further assistance?
Have more questions on Finance Reports? Reach out to our friendly team via the support chat or email info@rentbetter.com.au and we’ll be happy to help.