Accounting and rent payment management

[Brad Wood]

I have bought my first property, a duplex with a rental unit in the basement. Any guidance on the best way to manage rent income and receipts for the tenant? I know one property is fairly simple but I would like to track and keep the funds separate and hope we'll have future growth so want to get off to a good start. Does anyone use quickbooks or what is a cheap and easy software to both track payments and expenses but also, if possible, to issue receipts to the tenant.

Thanks in advance.