How to add income?
All payments transacted in Cubbi are automatically recorded. If you sent an invoice to your tenant it will automatically get recorded in Cubbi as income. You should rarely need this function but it's a nice little backup.
You must record all income received for your property for tax purposes.
How to add income
- Go to Transactions
- Click on the + icon
- Click 'Add Income'
- Follow the prompts to enter the income
You can easily edit the transaction later if need be.
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Can I add rent received outside of Cubbi?
No. If you create your own ‘rent’ category Cubbi will not allocate the payment to a rent period, create a proper receipt and Cubbi will continue deducting rent as if it was never paid. It’s important all rent is transacted in Cubbi. If you have received rent outside of Cubbi, Contact us asap to manually update the rent records. Please note you will still incur a 2% service fee for rent transacted outside of Cubbi.