Preferred system to track income/ expenses multifamily

[Emmy K.]

Hi All,

Any preference on system (excel, quicken, etc.) to track income and expenses for small multifamily (12 units, 3 separate 4 plexes on one property.) 

Our accountant would prefer to have expenses broken down per building if possible. This is our first year with the units so hoping to get a jump start on organizing for 2016.

For now we just have our statements and expenses and it's a bit overwhelming. We purchased last June.

Does bigger pockets Pro allow access to excel sheets or is it worth it to buy quicken or a similar product?

Thanks in advance !!! 

[Stephen Chittenden]

We use quickbooks with a customer for each unit and a class for each building. All reports can be run on a class basis, so you can see P&L by building, etc.