Updated about 5 years ago on . Most recent reply
#5 Investor Mindset Contributor
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AppFolio accounting
#5 Investor Mindset Contributor
- Investor
- Greenville, SC
My PM uses AppFolio and apparently it can not produce standard accounting reports (P&L, T12 and rent roll). Can anyone confirm this or help me coach the PM? I need these reports for the bank and for general analysis (and so that I can spend time on investing instead). Absent an AF solution, I will have to key monthly owners statements into Quickbooks or some other accounting software.
On a side note, would also like the system to be able to accept journal entries for items that I pay for myself so that we have a full set of books (insurance, taxes, materials on occasion, occasional direct payment to a contractor, tax prep fees, other admin fees). My PM is telling me the only way to handle this is with an actual cash transaction.
Thanks for the help.
Most Popular Reply
Wow, sounds like the operator, not the machinery.