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Updated about 3 years ago on . Most recent reply
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Simple excel or cloud software
Someone will have the answer.
I own 32 units spread across 5 buildings
Some are in my name and some are in 2 llc’s
Was prepping for my taxes and the single spread sheet for each building is becoming a pain in the butt. Looking for cloud software but it’s a big fee because there’s so many add-ins I will never need. Anyone know of a single excel spreadsheet or cloud software where you can literally just type income or expense and the program does the rest and puts it in the right place on the summary sheet? Example
Rent on building 2 unit 2 was paid on 12/1. It auto adds to the gross income of that month to the right place on the summary page.
Same for expenses.
Paid 493 for building x on 12/1.
Most Popular Reply
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Check out wave accounting. its a free accounting software with no bells and whistles. It probably can do what you are asking for. You can link it to your bank account and then categorize from there. You would be able to sent a P&L to your tax person at the end of the year or when ever they ask for it. You can also reconcile your bank accounts. It is basic and would fit your needs. Let me know if you have any questions I would be happy to help you set it up.