Does anyone have accounting software recommendations to use when a property manager manages your properties? We plan to continue using property managers as we grow our business. I've investigated some of the online options, but they seem best for self-management. One of these still might be the best options, but I figured I would ask for feedback before digging in.
I'm looking for an easier way than Excel to track cash flow, expenses and do reports. Ideally, I could import my monthly reports from our property managers.
Thank you for your help!
Check out Stessa. It's super easy to use and it's free!
You'll need software that can consolidate your transactions from:
- Bank statements
- Credit card statements
- Loan Statements
- Property Management Statements
- Closing Statements
My top recommendation is QuickBooks Online. There are others out there as well, but QBO has the lions share of the market.
QuickBooks Online is a strong option like @Daniel Hyman said. You could also look at alternatives but I would stick with whatever you CPA prefers to make their life easier.