--- title: "Best Property Management Accounting Software - 2026 Reviews & Pricing" description: "Find the best Property Management Accounting Software for your organization. Compare top Property Management Accounting Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/category/125-property-management-accounting/" page_type: "category" language: "en" --- [Home](https://www.softwareadvice.com/) / Property Management Accounting Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Property Management Accounting Software of 2026 Updated November 9, 2026 ## Property Management Accounting FAQs Software Advice advisors had 50 conversations with buyers about Property Management Accounting software between January 2025 and July 2026. These are the questions that came up most. - How do I choose the right Property Management Accounting software for my business? Choosing the right property management accounting software means matching essential features, like built-in accounting, lease tracking, and property and tenant management, to the business’s daily needs, based on advisor calls. Teams should confirm the tool automates tasks they do manually, supports all managed property types, and provides clear financial and operational reporting. Buyers also weigh software complexity against business size, with a common consideration being whether the system feels too basic or too advanced. Pricing and ongoing costs come up often, so confirming that the value and features match the budget is key. Many buyers on advisor calls mention the importance of cloud-based options and regular updates to avoid outdated platforms. - What is the best Property Management Accounting software for a small to mid-size business? For small to mid-size businesses seeking property management accounting software, buyers we've talked to look for systems that combine built-in accounting tools with property and tenant tracking features. Key priorities include handling lease agreements, tracking income and expenses, and managing accounts payable and receivable from one place. Buyers frequently mention wanting to move away from manual spreadsheets, especially due to challenges with expense documentation and reporting. Cost is often a sticking point, so options that fit a smaller budget and match the business's complexity level are valued. Many buyers also cite the need for a system that updates regularly and works for different property types without missing key features. Answer based on 43 advisor calls - What should businesses watch out for when choosing Property Management Accounting software? According to our advisors, buyers should watch for hidden manual work, missing features, and costs that do not fit business needs when choosing property management accounting software. Many small businesses, especially in commercial real estate, mention heavy reliance on spreadsheets and manual processes, so buyers should confirm the system automates tasks like accounting and lease tracking. A common trade-off is between software complexity and business size, as some tools are either too basic or too advanced for a team's needs. Pricing is a frequent concern, with buyers noting that costs can rise quickly or outweigh the value if features are lacking. Cloud-based deployment is the most common request, and buyers often want to avoid outdated products or those with slow development. It is also important to test whether the software covers required property types and provides strong financial and operational reporting before making a decision. Answer based on 48 advisor calls - What are common complaints about Property Management Accounting software? Buyers frequently tell our advisors that they struggle with manual or spreadsheet-heavy processes when using property management accounting tools. High or increasing costs are another point of friction, especially for teams that feel they are not getting enough value. Some teams mention missing features for handling different property types, while others cite frustration with products that have not been updated in a long time. A mismatch between tool complexity and business size comes up often, with some finding the system too complicated or too basic. Buyers also mention challenges with expense tracking and the need for better reporting options to cover both financial and operational needs. Answer based on 43 advisor calls - What is the difference between Property Management Accounting software and general accounting software? Property management accounting software is different from general accounting software because it combines core accounting tools with features tailored for managing leases, tenants, and property details. During advisor calls, buyers often highlight the need for lease tracking, rent collection, tenant communication, and property-specific reporting, functions that standard accounting systems like QuickBooks Online typically do not provide. Many buyers mention that relying on general accounting systems or spreadsheets can lead to missing property management features, more manual work, and challenges with tracking property-related expenses and documentation. General accounting software focuses on billing, invoicing, and standard financial reports, while property management accounting systems address the operational needs of landlords and property managers alongside the financials. Answer based on 48 advisor calls - How does Property Management Accounting software handle the general ledger, reporting, and compliance? Property management accounting software gives buyers a central general ledger to track all financial transactions and generate financial reports. Buyers our advisors talk to often say a must-have is the ability to assess financial performance through built-in reporting tools. Inadequate financial and operational reporting comes up as a pain point on many advisor calls, so buyers usually want clear, accessible reports and a general ledger in one place. Answer based on 22 advisor calls - How much does Property Management Accounting software cost? Most teams pay for property management accounting tools with a flat monthly fee, and a common theme in these conversations is pricing that typically ranges from $64 to $125 per month, with the median sitting at $100. Some vendors charge per user each month, often between $1 and $16, with the median at $5. Advisor calls also reveal that setup fees can apply, usually running from $1,500 to $10,000, with a median of $3,000 for one-time onboarding. Answer based on 45 advisor calls - What features should Property Management Accounting software include? The most requested features in property management accounting systems are lease tracking, built-in accounting, and tenant tracking, according to what buyers discuss in advisor calls. Users also prioritize tools for property management, general ledger, accounts payable and receivable, rent tracking, financial reporting, expense tracking, income and expense logs, and billing and invoicing. Buyers often mention wanting everything in one place to handle payments, leases, and property details without switching between different tools. Answer based on 48 advisor calls - What is Property Management Accounting software and what does it do? Property management accounting software helps property managers handle accounting tasks specific to managing rental properties. Advisor-call conversations show that buyers use it for tracking rent payments, managing lease agreements, recording property-related expenses, and producing financial reports. The software often includes features for general ledger management, accounts payable and receivable, and keeping detailed records on properties and tenants. Answer based on 41 advisor calls Talk with us for a free 15-min consultation Expert advisors like Jacqueline, who have helped 1,000+ companies, can find the right software for your needs. On this page 1. FrontRunners 2. Popular Comparisons 3. Buyers Guide 4. Frequently Asked Questions 5. Related Software Filter products 129 results ### Compare Products Showing 1 - 25 of 129 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [INFO-Tracker](/property/info-tracker-profile/) - Overall rating: 4.5/5 - Reviews: 1 - Starting price: $289.00 - Free trial: Not available - Free demo: Not available #### Overview INFO-Tracker by Netintegrity Inc. is an all-in-one cloud-based property, accounting and maintenance management solution that helps property management companies with the management [Read more](/property/info-tracker-profile/) --- ### [Buildium](/property/buildium-property-manager-profile/) - Overall rating: 4.5/5 - Reviews: 2,236 - Starting price: $65.00/month - Best for: Transaction History - Free trial: Available - Free demo: Not available #### Overview Buildium is a cloud-based property management solution designed to streamline the unique tasks of property managers and real estate professionals. Its cloud-based platform offers a [Read more](/property/buildium-property-manager-profile/) ##### What users love - Responsive and knowledgeable support - Centralized tenant management tools - User-friendly and intuitive design ##### To take in mind - Accounting features lack depth - Rent collection lacks flexibility - Mobile and web access limitations #### Features ##### Best rated features - Accounts Payable: 5/5 - Trust Accounting: 5/5 - Activity Tracking: 5/5 - Digital Signature: 4.7/5 [See all features](/property/buildium-property-manager-profile/#key-features) #### Pricing ##### Essential - Price: $65.00/month - Up to 20 units. For further units, pricing will vary and is suitable for businesses managing up to ##### Growth - Price: $202.00/month - Up to 50 units. For further units, pricing will vary and is suitable for businesses managing up to ##### Premium - Price: $420.00/month - Up to 150 units. For further units, pricing will vary and is suitable for businesses managing up to [See full pricing details](/property/buildium-property-manager-profile/#pricing-and-plans) --- ### [Yardi Breeze](/property/yardi-breeze-profile/) - Overall rating: 4.2/5 - Reviews: 337 - Starting price: $1.00/month - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Yardi Breeze is a cloud-based property management software designed for businesses of all sizes. The platform can be used for various property types including residential, [Read more](/property/yardi-breeze-profile/) ##### What users love - Intuitive and customizable interface - Responsive and helpful chat assistance - Simple learning curve and navigation ##### To take in mind - Slow and inconsistent support response - Cumbersome tenant management processes #### Features ##### Best rated features - Customizable Reports: 5/5 - Audit Trail: 5/5 - Performance Metrics: 5/5 - File Sharing: 5/5 ##### Worst rated features - Real-Time Notifications: 1/5 [See all features](/property/yardi-breeze-profile/#key-features) --- ### [Rentvine](/property/rentvine-profile/) - Overall rating: 4.7/5 - Reviews: 11 - Free trial: Not available - Free demo: Not available #### Overview Rentvine is redefining what property management software looks like for single-family rental operators, and Software Advice users are taking notice. Built for managers ready to [Read more](/property/rentvine-profile/) #### Features ##### Best rated features - Lease Tracking: 5/5 - Financial Reporting: 5/5 - Credit Check: 5/5 - Recurring/Subscription Billing: 5/5 ##### Worst rated features - Reporting & Statistics: 3/5 - Drag & Drop: 3.5/5 - Occupancy Management: 3.8/5 - Tenant Portal: 3.8/5 [See all features](/property/rentvine-profile/#key-features) --- ### [PayProp](/property/payprop-profile/) - Overall rating: 4.5/5 - Reviews: 13 - Free trial: Not available - Free demo: Not available #### Overview With PayProp, you can collect and match rent to the right tenants, make outgoing payments, report on your entire portfolio and more in just a couple of clicks. PayProp’s powerful [Read more](/property/payprop-profile/) #### Features ##### Best rated features - Accounting: 5/5 - Tenant Tracking: 5/5 - Transaction History: 5/5 - Billing & Invoicing: 5/5 ##### Worst rated features - Multi-Location: 3/5 - Lease Tracking: 4/5 - Tenant Portal: 4/5 [See all features](/property/payprop-profile/#key-features) --- ### [SimplifyEm](/property/simplifyem-profile/) - Overall rating: 4.1/5 - Reviews: 132 - Starting price: $40.00/month - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview SimplifyEm is a property management software designed to meet the requirements of small and mid-sized landlords and property managers. The web-based solution offers features like [Read more](/property/simplifyem-profile/) #### Features ##### Best rated features - Recurring Invoicing: 5/5 - Compliance Management: 5/5 - For Commercial Real Estate: 5/5 - Owner Portal: 5/5 ##### Worst rated features - Vacancy Management: 1/5 - Property Management: 1/5 - Calendar Management: 1/5 - Task Management: 1/5 [See all features](/property/simplifyem-profile/#key-features) #### Pricing ##### P10 - Price: $40.00/month - Up to 10 units ##### P20 - Price: $50.00/month - Up to 20 units ##### P30 - Price: $60.00/month - Up to 30 units [See full pricing details](/property/simplifyem-profile/#pricing-and-plans) --- ### [MRI Affordable Housing](/property/mri-property-manager-profile/) - Overall rating: 3.9/5 - Reviews: 6 - Free trial: Not available - Free demo: Not available #### Overview MRI Affordable Housing is an intuitive, web-based solution that automates compliance processes, drives efficiency with process and role-based dashboards, and provides better [Read more](/property/mri-property-manager-profile/) --- ### [AppFolio Property Manager](/property/appfolio-property-manager-profile/) - Overall rating: 4.5/5 - Reviews: 1,892 - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview AppFolio Property Manager is a comprehensive property management software designed to streamline operations for property management businesses. The platform is engineered to cater [Read more](/property/appfolio-property-manager-profile/) ##### What users love - Intuitive interface and accessibility - Comprehensive tenant engagement tools - All-in-one property management suite ##### To take in mind - Slow and inconsistent customer service - Complex and restrictive payment processes - Limited reporting customization options #### Features ##### Best rated features - Cash Flow Management: 5/5 - Alerts/Notifications: 5/5 - Audit Trail: 5/5 - Real-Time Data: 5/5 [See all features](/property/appfolio-property-manager-profile/#key-features) --- ### [Rentec Direct](/property/rentec-direct-property-management-profile/) - Overall rating: 4.6/5 - Reviews: 179 - Starting price: $25.00/month - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to suit the needs of those managing properties between 25 [Read more](/property/rentec-direct-property-management-profile/) #### Features ##### Best rated features - Lease Origination: 5/5 - Transaction History: 5/5 - Vacancy Management: 5/5 - Property Management: 4.5/5 ##### Worst rated features - Billing & Invoicing: 1/5 - Financial Reporting: 1/5 - Transaction Monitoring: 2/5 - Credit Check: 2.3/5 [See all features](/property/rentec-direct-property-management-profile/#key-features) #### Pricing ##### Rentec Starter - Price: $25.00/month - Rentec Starter provides Rentec Direct's established and proven landlord software, at a lower minimum ##### Rentec Pro - Price: $50.00/month - For landlords and self-managed operations managing 1-2500 units ##### Rentec PM - Price: $50.00/month - For property managers managing 1-2500 units [See full pricing details](/property/rentec-direct-property-management-profile/#pricing-and-plans) --- ### [Re-Leased](/property/re-leased-profile/) - Overall rating: 4.4/5 - Reviews: 85 - Free trial: Not available - Free demo: Available #### Overview Re-Leased is a cloud-based commercial property management solution. Key features include accounting, portfolio management, tenant communication, inspections, document storage and [Read more](/property/re-leased-profile/) #### Features ##### Best rated features - Tenant Tracking: 5/5 - Reporting & Statistics: 4/5 - Financial Reporting: 4/5 - Accounting: 3.7/5 ##### Worst rated features - Billing & Invoicing: 1/5 - Lease Origination: 1/5 - Property Management: 2/5 - Lease Management: 3/5 [See all features](/property/re-leased-profile/#key-features) #### Pricing ##### Core - Price: Custom - Pricing available upon request - For portfolios of up-to 25 leases: $215 per month ##### Pro - Price: Custom - Pricing available upon request - For portfolios of up-to 25 leases: $305 per month ##### Enterprise - Price: Custom - Pricing available upon request - For over 1,000 tenancies [See full pricing details](/property/re-leased-profile/#pricing-and-plans) --- ### [Rent Manager](/property/rent-manager-profile/) - Overall rating: 4.6/5 - Reviews: 662 - Best for: Small businesses - Free trial: Not available - Free demo: Available #### Overview Rent Manager is a cloud-based property management software designed to help manage residential, commercial, association, manufactured housing, self-storage, and short-term-stay [Read more](/property/rent-manager-profile/) ##### What users love - Responsive and knowledgeable assistance - User-friendly and adaptable design - Comprehensive training resources available ##### To take in mind - Difficult report customization and exports - Additional fees and costly add-ons - Long wait times and inconsistent help #### Features ##### Best rated features - Lease Origination: 5/5 - Third-Party Integration: 5/5 - Categorization/Grouping: 5/5 - For Real Estate: 5/5 [See all features](/property/rent-manager-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request ##### Plus - Price: Custom - Pricing available upon request ##### Premium - Price: Custom - Pricing available upon request [See full pricing details](/property/rent-manager-profile/#pricing-and-plans) --- ### [Enumerate](/property/enumerate-profile/) - Overall rating: 3.8/5 - Reviews: 129 - Free trial: Not available - Free demo: Not available #### Overview TOPS makes it easy for even the most inexperienced property manager to become a master of accounting duties. The system is very intuitive and follows all AICPA guidelines for [Read more](/property/enumerate-profile/) ##### What users love - Comprehensive property management tools - Intuitive navigation and usability ##### To take in mind - Slow and unresponsive support experience #### Features ##### Best rated features - Communication Management: 5/5 - Task Management: 5/5 - Activity Dashboard: 5/5 - HOA Violation Enforcement: 5/5 ##### Worst rated features - Transaction History: 1/5 - Document Management: 1/5 - Analytics: 1/5 [See all features](/property/enumerate-profile/#key-features) --- ### [PayHOA](/product/61833-PayHOA/) - Overall rating: 4.7/5 - Reviews: 729 - Starting price: $54.00/month - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview PayHOA is a cloud-based software designed to simplify homeowners association management. It is used by self-managed HOA boards and property management companies overseeing [Read more](/product/61833-PayHOA/) ##### What users love - Simple setup and daily operation - Responsive and knowledgeable assistance - Intuitive and clean navigation ##### To take in mind - Unreliable bank syncing and setup - High and confusing transaction fees #### Features ##### Best rated features - Budgeting/Forecasting: 5/5 - Late Fee Calculation: 5/5 - Lease Management: 5/5 - Bank Reconciliation: 5/5 [See all features](/product/61833-PayHOA/#key-features) #### Pricing ##### 0 - 25 units - Price: $54.00/month - Up to 25 units ##### 26 - 50 units - Price: $65.00/month - Up to 50 units ##### 51 - 100 units - Price: $109.00/month - Up to 100 units [See full pricing details](/product/61833-PayHOA/#pricing-and-plans) --- ### [MRI Residential Management](/property/mri-residential-management-profile/) - Overall rating: 4.1/5 - Reviews: 27 - Free trial: Not available - Free demo: Not available #### Overview MRI Residential is a full-service property management solution for companies managing more than 500 units. It features accounting and reporting functions as well as an online [Read more](/property/mri-residential-management-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 [See all features](/property/mri-residential-management-profile/#key-features) --- ### [MRI Commercial Management](/property/mri-commercial-management-profile/) - Overall rating: 3.7/5 - Reviews: 31 - Starting price: $10,000.00 - Free trial: Not available - Free demo: Not available #### Overview With 40 years experience, MRI Property Management Accounting Software scales quickly for firms large and small with properties worldwide. This highly-customizable system offers [Read more](/property/mri-commercial-management-profile/) #### Features ##### Best rated features - Commercial Properties: 5/5 - Document Management: 5/5 - Work Order Management: 5/5 - Accounting: 5/5 ##### Worst rated features - Third-Party Integrations: 3/5 - Budget Tracking: 3/5 - For Property Managers: 3.5/5 - Strategic Planning: 4/5 [See all features](/property/mri-commercial-management-profile/#key-features) --- ### [RentPost](/property/rentpost-property-management-profile/) - Overall rating: 4.5/5 - Reviews: 18 - Free trial: Available - Free demo: Not available #### Overview RentPost's web-based property management solution delivers full accounting functionality: general ledger, accounts management, and online processing. Real-time, user-friendly [Read more](/property/rentpost-property-management-profile/) #### Features ##### Best rated features - Property Database: 5/5 - Rent Collection: 5/5 - Reporting/Analytics: 5/5 - Lease Tracking: 5/5 ##### Worst rated features - Document Management: 4/5 - Tenant Portal: 4/5 - Service Request Management: 4/5 [See all features](/property/rentpost-property-management-profile/#key-features) #### Pricing ##### Pro Subscription - Price: Custom - Pricing available upon request - Enjoy all our features, unlimited - no fine print. [See full pricing details](/property/rentpost-property-management-profile/#pricing-and-plans) --- ### [Sage Intacct](/accounting/intacct-accounting-profile/) - Overall rating: 4.3/5 - Reviews: 718 - Best for: Mid-size businesses - Free trial: Not available - Free demo: Not available #### Overview Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, expertly designed to bring rich financial and [Read more](/accounting/intacct-accounting-profile/) ##### What users love - User-friendly and intuitive interface - Comprehensive accounting functionality - Robust, customizable reporting capabilities ##### To take in mind - Complex and inflexible report customization - Slow and unresponsive support experience - Expensive and rising costs #### Features ##### Best rated features - Quotes/Estimates: 5/5 - For Nonprofits: 5/5 - Vendor Management: 5/5 - Customer Statements: 5/5 [See all features](/accounting/intacct-accounting-profile/#key-features) --- ### [ResMan](/property/ensoware-resman-profile/) - Overall rating: 4.6/5 - Reviews: 602 - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview ResMan is a property management software platform designed for multifamily and affordable housing managers. It supports the management of conventional multifamily properties and [Read more](/property/ensoware-resman-profile/) ##### What users love - Intuitive navigation and accessibility - Responsive and helpful support team - Accessible training and onboarding support ##### To take in mind - Limited and cumbersome reporting tools - Login and permissions frustrations #### Features ##### Best rated features - Budgeting/Forecasting: 5/5 - Financial Management: 5/5 - Client Portal: 5/5 - Faculty/Staff Management: 5/5 ##### Worst rated features - CRM Integration: 4/5 - Mobile App: 4/5 - Performance Metrics: 4/5 [See all features](/property/ensoware-resman-profile/#key-features) --- ### [DoorLoop](/property/doorloop-profile/) - Overall rating: 4.8/5 - Reviews: 719 - Best for: Property Management - Free trial: Not available - Free demo: Not available #### Overview If you’re a growing property manager or owner-operator juggling tenants, vendors, and the books, DoorLoop is built for you. It’s agentic property management software: AI agents [Read more](/property/doorloop-profile/) ##### What users love - Responsive and helpful support team - Comprehensive tenant management tools - Intuitive and user-friendly interface ##### To take in mind - Complex and limited accounting features - Slow and cumbersome payment workflows #### Features ##### Best rated features - Vacancy Management: 5/5 - General Ledger: 5/5 - For Commercial Real Estate: 5/5 - Invoice Management: 5/5 ##### Worst rated features - CRM: 3/5 - Calendar Management: 3.2/5 [See all features](/property/doorloop-profile/#key-features) --- ### [Entrata](/property/entrata-profile/) - Overall rating: 4.6/5 - Reviews: 444 - Best for: Mid-size businesses - Free trial: Not available - Free demo: Not available #### Overview Entrata is a comprehensive property management operating system for multifamily communities worldwide. It unifies leasing, operations, and resident engagement into a single, [Read more](/property/entrata-profile/) ##### What users love - Intuitive interface and navigation - Centralized lease and property tools - Accessible training and quick learning ##### To take in mind - Complex and slow reporting tools - Occasional slowdowns and lag #### Features ##### Best rated features - Property Management: 5/5 - For Commercial Real Estate: 5/5 - Activity Tracking: 5/5 - Client Portal: 5/5 ##### Worst rated features - Reservations Management: 3.5/5 - Tax Management: 3.8/5 - Late Fee Calculation: 4/5 [See all features](/property/entrata-profile/#key-features) --- ### [RealPage](/accounting/realpage-accounting-profile/) - Overall rating: 4.0/5 - Reviews: 131 - Free trial: Not available - Free demo: Not available #### Overview RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, budgeting, facilities maintenance, purchasing, document [Read more](/accounting/realpage-accounting-profile/) #### Features ##### Best rated features - Website Management: 5/5 - Reporting/Analytics: 5/5 - Data Import/Export: 5/5 - Recurring/Subscription Billing: 5/5 [See all features](/accounting/realpage-accounting-profile/#key-features) --- ### [ResNexus](/hotel-management/resnexus-profile/) - Overall rating: 4.8/5 - Reviews: 432 - Starting price: $30.00/month - Best for: Features - Free trial: Available - Free demo: Not available #### Overview AWARD-WINNING RESERVATION SOFTWARE TRUSTED BY THOUSANDS OF PROPERTIES! ResNexus is a cloud-based property management software that helps increase reservations and revenue. As an [Read more](/hotel-management/resnexus-profile/) ##### What users love - Responsive and knowledgeable support team - User-friendly and intuitive interface - Comprehensive reservation workflow tools ##### To take in mind - Payment and refund process limitations #### Features ##### Best rated features - Maintenance Management: 5/5 - CRM: 5/5 - Utility Billing: 5/5 - Multi-Location: 5/5 ##### Worst rated features - Lease Tracking: 1/5 - Housekeeping Management: 3.5/5 [See all features](/hotel-management/resnexus-profile/#key-features) #### Pricing ##### Essentials - Price: $30.00/month ##### Premier - Price: $50.00/month [See full pricing details](/hotel-management/resnexus-profile/#pricing-and-plans) --- ### [Landlord Studio ](/property/landlord-studio-profile/) - Overall rating: 4.9/5 - Reviews: 150 - Starting price: $0.00/month - Best for: Rent Tracking - Free trial: Available - Free demo: Not available #### Overview Landlord Studio is an all-in-one property- and rental-accounting platform for DIY landlords managing 3–9 residential units. One dashboard handles the entire lifecycle: publish [Read more](/property/landlord-studio-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 - Maintenance Scheduling: 5/5 - Owner Portal: 5/5 - Contact Management: 5/5 [See all features](/property/landlord-studio-profile/#key-features) #### Pricing ##### Landlord Studio GO - Price: $0.00/month - Landlord Studio GO (FREE) 3 units included Single user access Income & expense tracking Online rent ##### Landlord Studio PRO - Price: $12.00/month - Landlord Studio PRO ($12/per month/billed annually) Monthly plan is available at $15/per ##### Landlord Studio PRO+ - Price: $28.00/month - Landlord Studio PRO+ ($28/per month/billed annually) Monthly plan is available at $30/per [See full pricing details](/property/landlord-studio-profile/#pricing-and-plans) --- ### [Hemlane](/property/hemlane-profile/) - Overall rating: 4.8/5 - Reviews: 226 - Starting price: $36.50/month - Best for: Small businesses - Free trial: Available - Free demo: Not available #### Overview Hemlane is modern property management software that helps you run your rentals—from move-in to move-out. Hemlane automates leasing, rent collection, maintenance, and tenant [Read more](/property/hemlane-profile/) #### Features ##### Best rated features - Expense Tracking: 5/5 - Customizable Branding: 5/5 - Third-Party Integrations: 5/5 - Reporting & Statistics: 5/5 [See all features](/property/hemlane-profile/#key-features) #### Pricing ##### Free - Price: Custom - Pricing available upon request - ‣ Rental advertising* ‣ Application and Tenant Screening ‣ Basic Rental Property Accounting ##### Basic - Price: $36.50/month - $2.50 per unit + $34 base fee [See full pricing details](/property/hemlane-profile/#pricing-and-plans) --- 1 [2](https://www.softwareadvice.com/category/125-property-management-accounting/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/category/125-property-management-accounting/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/category/125-property-management-accounting/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/category/125-property-management-accounting/?__ai_markdown=true&page=5)[6](https://www.softwareadvice.com/category/125-property-management-accounting/?__ai_markdown=true&page=6) ## Popular Comparisons [ DoorLoop vs Buildium ](https://www.softwareadvice.com/property/buildium-property-manager-profile/vs/doorloop/)[ Yardi Breeze vs AppFolio Property Manager ](https://www.softwareadvice.com/property/appfolio-property-manager-profile/vs/yardi-breeze/)[ ResMan vs Guesty ](https://www.softwareadvice.com/property/ensoware-resman-profile/vs/guesty/)[ AvidXchange vs Sage Intacct ](https://www.softwareadvice.com/accounting/avidxchange-profile/vs/intacct-accounting/)[ Entrata vs Rent Manager ](https://www.softwareadvice.com/property/entrata-profile/vs/rent-manager/)[ PayHOA vs TenantCloud ](https://www.softwareadvice.com/compare/17744-tenantcloud/vs/61833-PayHOA/) ## Your Guide to Top Property Management Accounting Software, September 2022 Software Advice uses reviews from real software users to highlight the top-rated Property Management Accounting products in North America. [Learn how products are chosen](https://www.softwareadvice.com/legal-page/frontrunners-methodology/) #### Explore FrontRunners - [DoorLoop](https://www.softwareadvice.com/property/doorloop-profile/) - [Avail](https://www.softwareadvice.com/property/avail-profile/) - [Stessa](https://www.softwareadvice.com/property/stessa-profile/) - [WebRezPro](https://www.softwareadvice.com/hotel-management/webrezpro-profile/) - [ResMan](https://www.softwareadvice.com/property/ensoware-resman-profile/) - [AvidXchange](https://www.softwareadvice.com/accounting/avidxchange-profile/) - [Entrata](https://www.softwareadvice.com/property/entrata-profile/) - [Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/) - [AppFolio Property Manager](https://www.softwareadvice.com/property/appfolio-property-manager-profile/) - [Propertyware](https://www.softwareadvice.com/property/propertyware-profile/) - [Yardi Voyager](https://www.softwareadvice.com/property/yardi-voyager-profile/) - [Guesty](https://www.softwareadvice.com/hotel-management/guesty-profile/) - [TenantCloud](https://www.softwareadvice.com/property/tenantcloud-profile/) - [FRONTSTEPS](https://www.softwareadvice.com/cmms/frontsteps-profile/) - [Yardi Breeze](https://www.softwareadvice.com/property/yardi-breeze-profile/) - [Quicken](https://www.softwareadvice.com/property/quicken-profile/) - [SimplifyEm](https://www.softwareadvice.com/property/simplifyem-profile/) “Usability” includes user ratings for Functionality and Ease of Use. “Customer Satisfaction” includes user ratings for Customer Support, Likelihood to Recommend and Value for Money. Reviews analysis period: The reviews analysis period spans two years and ends the 15th of the month prior to publication. Property management accounting software offers a number of features that typical accounting systems do not. In addition to financial reporting and payroll, these programs will integrate industry-specific information about vacancies, units, tenants and property maintenance into the real estate software. The more robust accounting tools also manage company information related to property listings, track referrals and link electronic documents to sales. This guide was created to help property managers determine the best software to meet their needs. We’ll cover the following topics: [What is property management accounting software?](#Whatispropertymanagementaccountingsoftware) [Common features of property management accounting software](#Commonfeaturesofpropertymanagementaccountingsoftware) [What are the benefits of property management accounting software?](#Whatarethebenefitsofpropertymanagementaccountingsoftware) [What are some deployment options for property management accounting software?](#Whataresomedeploymentoptionsforpropertymanagementaccountingsoftware) [What type of buyer are you?](#Whattypeofbuyerareyou) [What are some business trends of property management accounting software?](#Whataresomebusinesstrendsofpropertymanagementaccountingsoftware) ## What is property management accounting software? Property managers are required to perform some specific types of accounting processes, such as holding and tracking security deposits and common area maintenance costs. A property-management-specific accounting system is designed to assist managers with their unique responsibilities, such as: - Collecting rent on a monthly basis - Tracking expenses for maintenance, improvements and supplies - Budgeting and forecasting using real-time information Reporting features also allow managers to review income by property so users have a bird’s-eye view of their financial health. _Screenshot of open vacancies in_ [Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/) ## Common features of property management accounting software | Feature | Description | | --- | --- | | Track rents & payments | This software will categorize receipts based on the specific real estate category, such as rents, utilities, subleases or late fees. The software also calculates real estate taxes, property insurance, maintenance costs and payroll, and all of this information ties directly to the tenant or property record. | | Online payment portal | Some property accounting systems include an online portal for tenants to pay rent. This simplifies the payment process, as renters can pay online 24/7 using credit or debit cards. This feature is more common in full property management suites. | | Bank reconciliation | Many systems offer bank reconciliation assistance to ensure the figures match in both your’s and the bank’s accounts. Users can download bank statements to identify and correct discrepancies. | | Reporting | Accounting systems typically offer a variety of report and chart types to view income and expense data by month or year. These reports can be automatically generated at certain dates and shared with specific people. | | Business growth & development | Automatically calculate annual rent increases, property appreciation and depreciation, as well as manage the growth of your assets. Many of these programs also have built-in budgeting and forecasting capabilities and the ability to analyze rents based on current market rates. | | Common area management | Most solutions calculate charges and costs associated with common areas, tracking maintenance, policies and usage as desired. | --- ## What are the benefits of property management accounting software? The automation of accounting processes is an obvious benefit of property accounting software, and others increase convenience in common tasks. - **Get paid faster.** With an online payment portal, you don’t have to wait for mailed checks to arrive. Tenants can pay rent online anytime, with cards or cash, which goes directly into your account. - **Calculate rent increases easier.** Software can help analyze local housing market conditions to calculate how much you can charge for rent while staying competitive. - **Stay on top of your accounting from anywhere.** Most of the top property management software vendors offer a native mobile app or the ability to access the system through a mobile web browser. Even when traveling, you can view incoming payments or reports. - **Devote more time to finding great tenants.** After the software helps you handle complex accounting tasks, you can focus on screening out the [bad tenants you don’t want to deal with](https://www.softwareadvice.com/resources/how-to-avoid-bad-tenants/). ## What are some deployment options for property management accounting software? Software can be implemented in various ways, but two options are most common today: - **On-premise.** An on-premise accounting system would be installed locally on the computer you use at your office. This type of deployment keeps your accounting data close-at-hand. These deployments typically require a larger upfront cost. - **Cloud-based.** Alternatively, a cloud-based system is installed on the software vendor’s servers and delivered to you via the Internet. This can be a more secure option, as your accounting data is saved “in the cloud” and won’t be lost should your local computer be destroyed or lost. Additionally, a cloud-based deployment is often a cheaper investment upfront, with fewer hardware requirements and a monthly subscription fee. ## What type of buyer are you? Portfolios can vary greatly from one property manager to the next. Software vendors know this and offer a range of features that can often be mixed and matched to meet a manager’s requirements. - **Managers with a single, small apartment complex.** For those who oversee a small apartment complex, basic accounting features, such as general ledgers for rent payments and expenses, should be enough functionality to handle your needs. Additional features can be added to increase convenience. - **Managers with a large complex or mixed real estate portfolio.** Maybe you manage a few apartment complexes, or you have a mixed portfolio, with hundreds of tenants to track. These managers can gain greater benefits from software by opting for more functionality, such as advanced reporting, budgeting and forecasting. An online portal can also greatly reduce the stress of collecting rent each month. ## What are some business trends of property management accounting software? The property management industry is always subject to new government regulations, renter behavior trends and the ever-changing real estate and housing markets. Here are some events that impact property managers: - **Rent growth is strong despite increase in supply.** The U.S. housing supply in 2016 isn’t able to meet demand, [leading to high rent growth](http://nreionline.com/multifamily/best-and-worst-apartment-markets-2016). Cities with booming rents include Austin, Seattle and Nashville. Some experts say these markets are tough to enter as developers are aggressively building new properties, but apartment managers in these locations have the opportunity to increase rates. - **Are we due for another economic recession?** U.S. economic indicators in mid-2016 are showing patterns that could lead to [another recession within 12 months](http://www.propertymanager.com/2016/07/american-property-managers-prepare-for-possible-economic-recession/), according to J.P. Morgan economist estimates. This suggests that property managers should be conservative about plans for growth or expansion and more critical of applicant’s financial stability. ### Related Property Management Accounting Software - [Lease Accounting Software](https://www.softwareadvice.com/property/lease-accounting-comparison/) - [Property Management Software](https://www.softwareadvice.com/property/rental-property-management-software-comparison/) - [Real Estate Accounting Software](https://www.softwareadvice.com/accounting/real-estate-accounting-software-comparison/)