How Can I Track Timeshare Rental/expenses In Quicken Or Excel?
We own a few timeshare weeks that we typically rent out. We’re looking for an easy way to track our expenses and income. We use Quicken Deluxe. Neither of us has any accounting experience so don’t know the “correct” way to do this. I tried creating an asset account in Quicken, but when I did a deposit in our checking account with the category being a transfer to the timeshare asset, it came out as a decrease in the asset. Should we just do two transactions instead of trying to tie the them together? Any and all advice would be greatly appreciated. Thanks!
