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Updated over 5 years ago on . Most recent reply

User Stats

208
Posts
96
Votes
Brian Orr
  • Rental Property Investor
  • Tampa, FL
96
Votes |
208
Posts

How to manage accounting for multiple properties

Brian Orr
  • Rental Property Investor
  • Tampa, FL
Posted

Hey all,

I setup my business on quickbooks and I'm running into a problem from what they told me originally... My company Keaton Capital has put together a couple of deals. I need to run the reports on each property, with individual EINs, and then a master report for my company. Should be common sense accounting stuff but I'm having an issue with Quickbooks executing this in my account.

Does anybody have tips, or suggestions on how to manage the accounting for a syndicator?

Most Popular Reply

Account Closed
  • Investor
  • Eau Claire, WI
13
Votes |
33
Posts
Account Closed
  • Investor
  • Eau Claire, WI
Replied

I agree with @Greg Scott! I also use the classes to be able to track each property. All the reports are then able to be run together as a whole company or separately in each individual property/class. It makes analysis much easier.

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