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Updated almost 11 years ago on . Most recent reply
Quicken Property Management Software or QuickBooks Pro? What is best?
I have only 7 properties and want to start doing my book keeping in house. I am currently using excel sheets to track all revenue and expenses. I am send the information over to the book keeper that is preparing P&L and Balance sheets for my CPA...It seems that I am still doing a lot of the work myself, from tenant set up to paying invoices to having to clarify what expense went to which property. What is the best software for my need? thanks!
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I like both QB and Landlord Accounting. He gives decent instruction with actual pictures of the screens from QB. The chart of accounts are applicable to landlords. He also has premade reports that landlords will find useful.
It is time saving in that he tells you to do things that you may never think of on your own. For example he recommends listing your properties as customers and tenants as jobs. This ends up making a useful list to see which tenants owe you money and for reports.