Download room rental ledger excel template. This template is useful for property managers, property owners, asset management companies and agencies.
About Room Rental Ledger Excel Template
Once you download this excel template, you will notice that this template comes with single worksheet where you can capture following information regarding your apartment or household:
- Address of the property
- Tentant information
- Period of rental
- Payment Due date
- Rental Amount
The total sum of the above fields give the total rental income for the set of properties. Now on the expenditure side, this template helps you capture expenses description, amount, room allocation and prorated expenses. Once all the expenses are allocated, Net Room Rent Income is computed automatically.
If you ask why room expenses allocation is there in this template and if you can change it or not ? We would say, Why Not ?
See, if you have a big house or a hotel apartment concept and if you want to know how much money you are making from the room in a specific period of time, then you can use this template.
The concept behind expenses allocation in this template is because there can be some expenses like insurance, utitlities, home maintenance which cannot be attributed solely and wholly towards rooms. Thus, in this case there should be some allocation measure. You can simply change the allocation measure in this template, if this template is the right one for you. Else, you can create modification around expenses section in this template.
Download and use Room Rental Ledger Excel template
To use this free Room Rental ledger excel template, you should have Microsoft Office/ Microsoft Excel installed in your system.
After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip or WinZIP (Recommended) decompressing software.
Once extracted, you can open the file using Excel and start entering data or customizing the template.
