Wave accounting application

[Jason Turo]

Could you share your experiences with using the Wave Accounting application and how you configured it to use with multiple properties and multiple units in each property.  I would like to allocate business expenses across the properties and track individual unit expenses within the multi-family homes.  Thanks.

[Ken Weiner]

I have been using Wave Accounting for several properties. I create one "Business" for each property. I also have a separate bank account for each property, so each Business syncs with one bank account. I don't do anything to represent different units within a property other than using the Description and Notes fields.  In general, it works well for me, but here are the things I don't like:

- Page loads feel a little slow

- No mobile app or mobile-optimized web site available

- Unable to build customized reports and graphs

- Unable to aggregate data across Businesses (Properties)

- Doesn't feel like Wave makes that many improvements. The UI rarely changes.

- No template for real estate property owners for creating Chart of Accounts