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New Member

I rented my vacation home for one month in 2018. I put in utility cost for that month in expense, but the expense summary at the end only showed fraction of it. Why?

It seems the amount is prorated by the number of days I rented. I am not sure, but if that's the case, as my monthly utility cost fluctuate a lot so I can't simply put in total amount I paid for the year. What should I do?

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Level 9

I rented my vacation home for one month in 2018. I put in utility cost for that month in expense, but the expense summary at the end only showed fraction of it. Why?

The system takes what your expenses were the entire year for the rental, and then calculates the amount that you are able to use based on the days rented. Get the total number for your utility cost for the year and the program will do the calculation.

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4 Replies
Level 9

I rented my vacation home for one month in 2018. I put in utility cost for that month in expense, but the expense summary at the end only showed fraction of it. Why?

The system takes what your expenses were the entire year for the rental, and then calculates the amount that you are able to use based on the days rented. Get the total number for your utility cost for the year and the program will do the calculation.

**Say "Thanks" by clicking the thumb icon in a post
New Member

I rented my vacation home for one month in 2018. I put in utility cost for that month in expense, but the expense summary at the end only showed fraction of it. Why?

Thank you, but I have wildly different utility cost during winter and Summer.  So simple prorating doesn't work. Can I adjust the amount manually?
Level 9

I rented my vacation home for one month in 2018. I put in utility cost for that month in expense, but the expense summary at the end only showed fraction of it. Why?

You can.
**Say "Thanks" by clicking the thumb icon in a post
New Member

OK. Thank you.