If you are in the businesses of renting out rooms on short term or long term basis, you can use this free ledger template for rental income. In many tourist locations, people rent out rooms on sharing basis or give out studio apartments. This helps in hassle free income and no need for rental agreements and all. This is useful for independent room rental business or Air BNB rental owners. This excel template will help you capture the following information;
- Name of your building or property and address
- Tenant name
- Period of stay or rental
- Payment date (date or receipt)
- Rent Amount
- Total rental Income (Year to Date)
- Expenses in the rooms
- Net room income
This template will give you details for each room. You can create separate net rental income tracking for individual rooms in different worksheet. Or, Explore other rental ledger template and see if you find any other template which can help you capture more details in single worksheet for multiple rooms rental business. Also, explore business invoice templates to invoice your tenants. If you want to update or keep track of income from renting out, you can find similar templates too.