Income Digs

Syncing with Quickbooks Online- Collecting Rent with Stripe


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In this episode, Nick Baldo explores the problem in the real estate industry and introduces Stripe and QuickBooks as a technology solution. He provides a detailed explanation of the payment process, demonstrates AutoSync usage, and discusses tenant management. He examines Stripe's role in rent collection, gives an example of tenant invoicing, and delves into transaction logging and payment submission. The episode concludes with a review of the benefits of Stripe and AutoSync, as well as a look at reporting and analytics features. The show is sponsored by Real Estate Accounting Boot Camp.

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Setting up recurring rental payments can be a real hassle! Especially when you try to sync those payments with Quickbooks. Enter Ottosync! Check out this brand new technology that uses Stripe to collect recurring payments from your tenants...and automatically syncs with Quickbooks Online!

(0:00) Introduction to episode and the problem in the industry
(1:44) Introduction to new technology solution: Stripe and QuickBooks
(2:46) Detailed explanation of the payment process
(3:19) Demonstration of AutoSync usage
(5:23) Tenant management in QuickBooks
(6:17) Role of Stripe in rent collection process
(8:22) Example of tenant experience with invoice
(10:24) Transaction logging and payment submission
(12:30) Advantages of Stripe and AutoSync
(13:04) Reporting and analytics features overview
(13:41) Sponsor: Real Estate Accounting Boot Camp
...more
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Income DigsBy Nick Baldo