Hello all,
Would like to know what sort of reporting do you get from your PM, frequency and what sort of content is in the report. Also is digital scan copy of receipts usable for accounting purposes or does it have to be the original?
OH have finally got the onsite manager to manage her IP but the first amount she got in the bank was alot less than what she expected. I'm thinking of asking the PM to provide the following but unsure if its reasonable.
+ A statement showing the rent and deductions (provided monthly)
+ Scanned copy of the receipts for any deductions (provided monthly)
+ Scanned copy of the entry report
Thinking digital copy of records are much easier to keep and manage than paper records, but unsure if that is acceptable for ATO purposes. Did a google but haven't had any luck.
Assistance is greatly appreciated.
Would like to know what sort of reporting do you get from your PM, frequency and what sort of content is in the report. Also is digital scan copy of receipts usable for accounting purposes or does it have to be the original?
OH have finally got the onsite manager to manage her IP but the first amount she got in the bank was alot less than what she expected. I'm thinking of asking the PM to provide the following but unsure if its reasonable.
+ A statement showing the rent and deductions (provided monthly)
+ Scanned copy of the receipts for any deductions (provided monthly)
+ Scanned copy of the entry report
Thinking digital copy of records are much easier to keep and manage than paper records, but unsure if that is acceptable for ATO purposes. Did a google but haven't had any luck.
Assistance is greatly appreciated.