FAQ > Managing Banks

How do I take rental income and owner contributions and turn them into bank deposits?

In order to turn rental income and owner contributions into bank deposits, you need to have recorded the owner’s rental income amount on the property worksheet and the owner’s contribution amount in the owner center, and mapped them to a bank account(s).You can then see the sums of these amounts recorded on the respective mapped bank’s balance history page as an undeposited amount.You can also create a deposit for this undeposited amount by following the below steps.

1. Make sure you have recorded the owner’s rental income amount on the property worksheet and the owner’s contribution amount in the owner center, and mapped them to a bank(s).

2. Go to bank center page and click create deposit link.

3. From the bank dropdown menu on the “create deposit” page, select the bank account to make deposit to (this is the same bank account that you already mapped to the specific transactions you want to now deposit).

4. Enter all the necessary field values and checkmark the necessary deposit checkboxes.

5. Click the save button.

6. To see a record of your deposit, go to the bank balance history page. Here, under the appropriate bank account, expand the Deposits & Credits row, and click on the deposited amount. You will see the deposit details show up in a popup (see the below screenshot).