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The Best Accounting Software for Rental Property Businesses

The all-new Accounting Software from FreshBooks empowers rental property owners like you to spend less time on bookkeeping and manage accounts without the stress.

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FreshBooks makes my life so much easier. I wish I had this when I first started my business!"

Pat Flynn
Host of Smart Passive Income & AskPat 2.0

FreshBooks offers smart cloud-based accounting software to help rental property owners grow their revenue faster. Let FreshBooks look after the financial health of your rental business so you can spend more time keeping your tenants happy. With award-winning customer service, helpful support is just a quick phone call or email away. Get started today to send invoices, track expenses and accept online payments to make rent collection a breeze every month. Time is tight when you oversee rental properties. Sign up with FreshBooks to save an average of 16 hours each month. 

Bookkeeping Software Built for Your Rental Property Business

FreshBooks is the perfect fit for your rental property business, whether you run the company as a full-time job or to earn some rental income on the side. FreshBooks is an all-in-one accounting solution that manages all your bookkeeping needs, from creating professional invoices to tracking your business expenses and accepting rent payments.

FreshBooks gives useful financial insights to help you make important business decisions, including how much to charge in rent or when to invest in property upgrades. Easily oversee all your accounting needs with FreshBooks.

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Save Time

As a rental property manager, you’re on call 24/7 dealing with leaky faucets first thing in the morning and power outages late at night. Luckily, FreshBooks can help you achieve a better work-life balance by automating time-consuming accounting tasks. Free up your day for more important work by automatically organizing expenses and following up with tenants.

Look Professional

You pride yourself on offering professional property management services to keep tenants comfortable and happy in their homes. FreshBooks helps you wow clients with professional invoices that reflect your rental business’s unique branding and personality. FreshBooks creates sleek business documents that stand out from the crowd. 

Get Paid Faster

Keeping rental properties in top shape takes a steady cash flow, so you need tenants to pay their rent on time. FreshBooks makes it easier than ever for tenants to submit rent payments so you don’t have to waste time chasing down checks. Get paid 11 days faster with convenient payment solutions that work for both you and your tenants.  

FreshBooks Accounting Software Testimonial Videos

Invoicing Software and Time and Expense Tracking for Rental Properties

FreshBooks ensures you get paid faster and spend less time balancing the books. Create a custom invoice that reflects your branding in minutes. Add a personalized thank-you note and send invoices to your tenants directly from your account. FreshBooks offers all the accounting tools you need to easily manage your rental business’s finances, from automatic expense tracking that connects to your business bank account and credit card, to simplified time tracking that records how you spend your work day. 

Late Payment Reminders for Rental Property Tenants

Never let a missed rent payment slip away. With FreshBooks, you can automatically send late payment reminders to your tenants, so you don’t have to worry about keeping track of all your rent deadlines. Create custom messaging, set a schedule and forget about it. Your tenants receive polite late payment reminders and you don’t have to lift a finger. 

Late Fees for Rent Payments

Late rent payments can create cash flow woes for your business and cause you undue stress. You’ve got enough to worry about running a rental property company, so FreshBooks lets you build in late fees to encourage tenants to pay every last dollar you’re owed on time. Automatically set late fees to kick in according to your specific policy. Include the details of your late fee policy in your invoice payment terms so tenants are never surprised by extra charges.

Recurring Invoices for Rent Payments

Invoicing probably isn’t your favorite part of the job, but you can spend a lot less time creating and sending invoices with FreshBooks online accounting software. Set up recurring invoices to bill tenants every month. You can create a recurring profile in minutes and FreshBooks will automatically send the invoices for you, freeing up your time for more interesting work. 

Auto-Billing Rent Payments

Make the billing process as simple as possible for you and your tenants. FreshBooks accounting software allows you to set up billing schedules so your tenants can pay rent automatically and securely by credit card every month, without having to think about it. Your tenants save time and you get the financial security of knowing exactly when you’ll be paid. It’s a win-win. 

Accounting App for Rental Properties that Offers Secure Online Payments

FreshBooks makes it easier than ever for you to get paid with simple, secure online payments. Tenants can pay you directly from an invoice with just a couple of quick clicks. With high-level encryption and first-class security, your tenants never have to worry about payment protection. FreshBooks offers a transparent, affordable fee structure to remove the guesswork from online payments. We know you rely on a simple, effective payment system to collect rent. Let FreshBooks online payments look after it for you.  

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Choosing an Accounting Software for Your Rental Property Business

You need accounting software for your rental property business that manages your finances without the stress. That way, you can dedicate your time to serving your tenants and keeping up your properties instead of struggling with calculations and spreadsheets. FreshBooks offers best-in-class accounting tools designed with your rental business in mind. Our suite of products works together to offer a streamlined accounting solution that keeps your finances in order, even when you’re busy tending to your properties.  

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.

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Award-Winning Support for an Award-Winning Product

No phone trees or pre-recorded voices. The FreshBooks Support Team is standing by to give you a hand. They always go above and beyond and you’ll speak to a real human in just a few rings.

FreshBooks Integrates with All Your Favorite Apps

You can now customize your FreshBooks experience with a range of business-friendly apps. Take control of your property management business accounting with the help of these integrations.

Connect With Industry Leading Apps To Level Up Your Accounting

FreshBooks integrates with lots of apps you already use (and some new ones you’ll be glad you found) to make running your business a breeze.

 

Accounting Software for Rental Properties Free Download

Get started using best-in-class accounting software for rental properties with a free 30-day trial. FreshBooks lets you test out our easy-to-use features for a full 30 days before committing — no strings attached and no fine print. You don’t even need a credit card number to get started. 

Sign up for your free trial today to grow your rental business and manage your accounting the easy way.

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