Accounting Software/Program to Tag Expenses to a Specific LLC

[Jonathan C.]

Hey- so I'm bored even asking this question, but unfortunately this seems to be important according to the asset protection person I'm working with.

I flip 20-30 houses a year. I'm going to be doing this in a Series LLC soon. My asset protection attorney said to have one 'operating' account that pays out and receives all money, and then have the individual 'Series' hold title to the property but not actually do any transactions.

Since I will only have one operating account but will have 3,4,5,6 series at one time going, plus 4 different LLCs for rentals, tracking income and expenses from the one operating account back to like 7 or 8 LLCs is giving me a migraine just thinking about it.

Do you guys have an accounting/expense program/software/whatever that allows you to 'tag' income and expenses to a specific LLC? Do you know if Quickbooks can do it and if so what the functionality is called?

Thanks for any advice on keeping track of income and expenses for many different LLCs from one operating account.