Accounting Software for a Landlord
As a landlord, you need to be flexible and respond to the needs of tenants at a moment’s notice. You need a flexible accounting solution that you can access from anywhere to keep your rental business running smoothly. Whether you’re at the office or on-site at your rental units, FreshBooks ensures you never fall behind on your bookkeeping. With automatic expense tracking and automated payment reminders, you can concentrate on growing your business while FreshBooks manages your small business accounting.
Accounting Software for Rental Properties
Managing rental properties takes a lot of time and attention, so the last thing you want to do is spend time worrying about your business finances. Let FreshBooks streamline your small business accounting process with easy-to-use accounting tools built for your business. Create custom invoices in minutes and send them directly to tenants from the app. Track your business expenses automatically by connecting FreshBooks to your bank account or credit card.
Spend more energy growing your rental property business and less time stressing about money.
Accounting Software for Your Rental
If you’ve decided to rent out your property as a side hustle to earn extra cash, FreshBooks can help you manage your rental business and collect your hard-earned rent payments. Organize and track your business expenses automatically each time you make a repair or upgrade at your rental property. Offer flexible payment options to your tenants so you collect rent faster — you can even accept recurring payments so tenants can pay automatically every month. FreshBooks makes it easier to handle the financial side of running a rental business so you can get back to your day job.
What Is the Best Accounting App for a Rental Property
As a busy rental property manager, you’re constantly on the go between your office and your rental properties, organizing repairs and showing units to potential tenants.The FreshBooks mobile accounting app lets you work from anywhere, whether you’re creating a professional invoice from the road or running an expense report from your home office. FreshBooks stays in sync from desktop to the app, so you can use any device you like and always have access to the latest data. Upload receipts and respond to tenants and vendors directly through the app, anywhere you go.
Advance Your Business with Double-Entry Accounting on FreshBooks
The rent is due and it’s time for your tenants to pay up. But if you are managing multiple properties and units, your accounts can turn into a bit of a mess fast. You need to way to know for sure that all debts are paid and that your business is “in the black”.
At FreshBooks, we know that crunching numbers isn’t your forte – and that you want to know the financial status of your business at a glance. That’s why our accounting software now includes double-entry accounting – an industry standard features that helps you keep all of your debits and credits in check.
Benefits of FreshBooks Double-Entry Accounting for Your Rental Property Business
Have all tenants paid up? Is your business profitable? Do you have money to invest back into your business? Now you know because you have accurate numbers to tell you what accounts are paid and how much money you are bringing in.
These new double-entry accounting features include:
- Cost of Goods Sold
- General Ledger
- Trial Balance
- Chart of Accounts
- Accountant
- Access
- Bank Reconciliation
- Bank Sheet
- And Other Income
Once your renters are paid up it’s time to make important financial decisions about your business. Know your numbers right away with the help of FreshBooks accurate and simple business accounting.
