Accounting while using a PM

[Mark B.]

Good morning all - I've been using a property manager for 2 years now. They use appfolio, and on the 15th of the month, i get my owner payout as well as the owners statement (pdf). I go through the statement line by line adding transactions to quickbooks. My quickbooks then holds everything about the properties financials (no leases, marketing, etc).

I'm curious how other owners who use property managers manage their finances/accounting. Everytime i search for property owner accounting, I end up with 10 links to the best property management software sites. I dont think i need appfolio, or any of the other management software solutions because i am not managing it myself. I just like to track my own expenses so i can run my reports.