Market Trends
Generate Statements of your Income, Expense and Dues in Your Hostel or PG Business
Written by
Anil Kandpal
Read Time
1 min read
Posted on
May 16, 2023
Overview
Having a Paying guest(PG), Hostel or Property rental business comes with a lot of accounting and property owners spend a lot of their valuable time on keeping a check on their expenses, making their income statement, making receipts for tenants and getting monthly dues from tenants and maintaining it. And yes, when a CA asks it, then again reconcile it.
So here is the solution to that, The RentOk app is a complete property management app with more than 20 report generation, and the special feature is owners can generate reports in Excel or pdf. If a property owner uses the RentOk app, then automatically these reports are generated via the app and every time a tenant pays the monthly rent he gets the payment receipt directly on his whatsapp, which saves a lot of time.
Also, when the CA asks for the statement owners, just download the report in Excel and send it. As expense management is also a problem, the owner can add its expense to the app to get more and more accurate reports and keep a check on expenses
If you are an owner and have not downloaded the RentOk app yet, then download it now and make your life easier and more money
About the Author
Anil Kandpal
Anil Kandpal is the Head of Marketing at RentOk and a seasoned property rental industry expert with over 8 years of hands-on experience in the PG, hostel, and co-living sectors. Since 2017, Anil Kandpal has built deep expertise across every facet of the property rental ecosystem. He founded Capho, a PG and hostel aggregator platform that connected renters with quality accommodation options across India. Following this, he spent two years as an operator, managing his own co-living and PG business, giving him invaluable first-hand insights into the challenges faced by property owners and managers. Currently, Anil Kandpal leads growth and marketing strategies at RentOk, a B2B SaaS property management platform, where he helps PG owners, hostel operators, and property managers streamline their operations and scale their businesses. His unique perspective combines entrepreneurial experience, operational expertise, and data-driven marketing strategies, making him a trusted voice on topics including PG management, rental property operations, tenant acquisition, and PropTech solutions.
...read moreAnil Kandpal is the Head of Marketing at RentOk and a seasoned property rental industry expert with over 8 years of hands-on experience in the PG, hostel, and co-living sectors. Since 2017, Anil Kandpal has built deep expertise across every facet of the property rental ecosystem. He founded Capho, a PG and hostel aggregator platform that connected renters with quality accommodation options across India. Following this, he spent two years as an operator, managing his own co-living and PG business, giving him invaluable first-hand insights into the challenges faced by property owners and managers. Currently, Anil Kandpal leads growth and marketing strategies at RentOk, a B2B SaaS property management platform, where he helps PG owners, hostel operators, and property managers streamline their operations and scale their businesses. His unique perspective combines entrepreneurial experience, operational expertise, and data-driven marketing strategies, making him a trusted voice on topics including PG management, rental property operations, tenant acquisition, and PropTech solutions.
