Accounting Programs for Dual Entry Bookkeeping for Multiple Rental Properties

Accounting Programs for Dual Entry Bookkeeping for Multiple Rental Properties

Member since 2024 · 6 posts · 4 votes

Would anyone be willing to share your excel worksheets for dual entry bookkeeping or accounting program/software for all accounting record keeping?

Have you found a program that automatically manages this for you (understanding that you will need to input expenses and contributions of course) or are you having to manually calculate this once a month?

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  • William WhitleyBusiness Member
    Accountant · TN · Member since 2025 · 146 posts · 92 votes
    10h

    Good evening, Magda Rose,

    My clients use QBO Plus or QBO Advanced. They provide me the information, and I record it for them. You can absolutely do this on your own if you understand the program and properly categorize by Class (property). I have been working with my investor clients for 3 years and have not had any major issues with using QBO for real estate investment properties. However, not everyone is a fan of QBO. It’s currently all in use for my investor clients.

    All the best!

    Bill Whitley

    Accountable Balance Bookkeeping, LLC
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