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Transactions Explained

Easily track and report on income and expenses at multiple levels.

Updated yesterday

Your Transactions Page

All income and expenses are tracked through the Transactions page. From here, you can:

  • Add, edit, and categorize transactions

  • Assign them to a Portfolio, Property, and/or Unit

Ways to Add Transactions

There are three ways to get data into your Transactions page:

  1. Automatic Import
    Link your bank accounts to Stessa to import transactions automatically.

  2. Manual Entry
    Click the “+ Add” button on the Transactions page to enter transactions individually.

  3. CSV or QIF File Upload
    Upload a file exported from your bank or spreadsheet program. You can include a Property column or assign the entire file to a specific Property during upload.

Once transactions are added, you can:

  • Categorize them

  • Assign them to a Portfolio, Property, or Unit

  • Use bulk editing for faster updates to multiple entries


Assigning Transactions by Property

Default Behavior:
If you only have one Property, all transactions will be automatically assigned to it, and Portfolio-level options won’t be available.

Auto-Assignment with a Connected Account

If you use a dedicated bank account for a single Property:

  • Go to Connected Accounts

  • Connect the account

  • Assign the Property directly to the account.

  • All imported transactions will be auto-tagged accordingly.

Uploads via CSV or QIF

You can either:

  • Assign the entire upload to a Property

  • Include a “Property” column in your file. Make sure the Property name exactly matches the name in your Stessa account.

Tip: If you need to allocate an expense across multiple Properties or Units, use the Split feature instead.


Assigning Transactions by Unit

To assign a transaction to a Unit, make sure it’s already assigned to a Property first.

Steps:

  • Within the add/edit transaction, select the property.

  • Select a Unit from the “All Units” dropdown

If a transaction was auto-created:

  • Click +Assign to Unit under the Property name

Why Unit Assignments Matter

Unit-level assignment is especially useful for:

  • Tracking rent payments per tenant

  • Separating “Other Income” (parking, storage, etc.)

  • Identifying expense outliers (i.e. one unit has more repairs than others)

  • Logging CapEx projects by unit (e.g. kitchen or bathroom remodels)


Assigning Expenses by Portfolio

Have an expense that doesn’t apply to a specific Property? As long as you’ve added at least two Properties, you can assign expenses to the Portfolio level.

To do this:

  • Go to your Transactions page

  • Under the “Property” column, choose your Portfolio name from the dropdown

Note: Portfolio-level expenses are not allocated to specific Properties and appear in a separate column on reports like the Income Statement and Net Cash Flow.


Running Reports by Portfolio, Property, or Unit

Stessa supports detailed reporting for:

  • Portfolios

  • Properties

  • Units

To run reports, go to the Reports page and:

  1. Select your report type (e.g., Income Statement, Net Cash Flow, Tax Package)

  2. Choose your scope: All Properties, a Portfolio, or a single Property

  3. Set your date range

  4. Choose your layout:

    • By Month – View monthly columns (aggregated)

    • By Property – View columns for each Property (select a Portfolio above)

    • By Unit – View columns for each Unit (select a single Property above)

    • Combined – See a single column of total values

  5. Choose category depth:

    • By Category – Summary view

    • By Sub-Category – More granular detail

  6. Click Download to export to Excel or PDF

Tip: Want to dig into the numbers? Many reports are clickable!
Hover over any figure in the Income Statement or Net Cash Flow reports to jump directly to the underlying transactions.


*A Stessa subscription is required to access all available reports.


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