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Updated 2 months ago,

User Stats

32
Posts
17
Votes
Brody Veilleux
  • New to Real Estate
  • Macomb County, MI
17
Votes |
32
Posts

Managing multiple bank accounts and accounting for them

Brody Veilleux
  • New to Real Estate
  • Macomb County, MI
Posted

I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been quite the headache for me to manage where everything is going. My biggest issue is that I’m using personal funds as owner contributions to these accounts and money moves from account to account on a consistent basis, so I’m trying to be diligent in proper accounting. Does quickbooks or any other software allow me to consolidate everything to one app and automatically input my accounting, with reports?

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