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Updated over 2 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Jonah Richard
  • Developer
  • Upper Valley, VT
12
Votes |
18
Posts

For folks with 3rd party PMs, how are you handling bookkeeping?

Jonah Richard
  • Developer
  • Upper Valley, VT
Posted

Some context:

My PM uses Buildium. Each month, I take the income & expense report generated by my PM and manually enter it into my bookkeeping software (just Excel) alongside other expenses (mortgage, landlord-paid utilities). I then export/import my bank statement data to reconcile. 

I know I can use QB (or similar software) to automate some of the bookkeeping side (bank account imports, expense tagging). But has anyone had success integrating Buildium (or some other PM software) into your accounting software (either QB or other)?

Or, if not, what steps have you taken to simplify the bookkeeping process? Outsourcing is always an option I suppose. But curious if folks have had success with creative process/technology improvements.

TIA!

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