Steps to Simple Sugu Accounting
Follow these steps to simplify your property accounting.
Step 1: Add Bank Accounts
Hover over the "Finance" tab on the top menu and click on "Bank Accounts".
Click on the green "Add A New Account".
Select your preferred currency, account name as well as your starting balance and date and hit the "Add Account" button.
By adding a starting balance you can see the impact of your income and expenses without having to login to your bank account because it will all be available in your @Assist account.
Tip: Set-up a bank account for each property and an additional one for your own personal finances. This will save you a lot of time and money when you go to your accountant, plus you’ll be extra organized and prepared for any financial questions.
Step 2: Add Categories
Hover over the "Finance" tab on the top menu and click on "Finance Categories". Click on the green "Add Finance Category".
Enter the description of the category.
Step 3: Income and Expenses
Hover over the "Finance" tab on the top menu and click on "Finances".
Start by entering your income and expenses by click on either the green "Add New Income" button or red "Add New Expense" button.
You will see a drop down menu once you’ve click on a button and will see the bank accounts and categories you’ve added in steps 1 and 2.
Continue to input all property financials into your @Assist account and you'll know exactly how well your company is doing. You can export and print this information to bring to board meetings, hand to your accountant or integrate with your other accounting software.