Accounting System and Processes for Managing Multiple Parks and LLCs

[Chico Ford]

We have 8 mobile home parks we are managing that are all in separate LLCs. What accounting system are you using to manage the parks? I'm interested in a complete management system that provides a balance sheet, profit and loss statement and cash flow statement? Further, can you tell me if you are paying a separate subscription fee for each LLC for the accounting system you are using. Thanks in advance for your assistance.

[Clark Love]

Quote from @Chico Ford:

We have 8 mobile home parks we are managing that are all in separate LLCs. What accounting system are you using to manage the parks? I'm interested in a complete management system that provides a balance sheet, profit and loss statement and cash flow statement? Further, can you tell me if you are paying a separate subscription fee for each LLC for the accounting system you are using. Thanks in advance for your assistance.

 We are similar in size.  We use TenantCloud and QuickBooks online and the TenantCloud to QuickBooks API.  We setup different “classes” in QuickBooks so we can easily aggregate and dis-aggregate P&L’s and Cashflow statements.