Best Accounting Software for Real Estate Agents in 2021

We ranked Freshbooks as the best Best Accounting Software for Real Estate Agents in 2021 in our roundup. Click here to get 50% off for 3 Months Get 30-Days free trial

Freshbooks

Freshbooks is a small business accounting and bookkeeping software that makes running your business a breeze.


Deployed on: Cloud

Starting From: $4.5 / month

Platforms:

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Sage

Sage is an entry level accounting and bookkeeping software that is ideal for SMBs and businesses want to manage their cash flow.


Deployed on: Cloud

Starting From: $10 /month

Platforms:

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Quickbooks by Intuit

The complete accounting toolset whether you're a freelancer or a Forbes 100 company.


Deployed on: Cloud

Starting From: $4.5 /month

Platforms:

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NetSuite by Oracle

One of the best cloud-based financial management solutions for medium to large organizations. It integrates with all other NetSuite order management, inventory, CRM and eCommerce functions to streamline critical business processes.


Deployed on: Cloud

Starting From: $999

Platforms:

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Xero

Xero is a cloud-based accounting software for medium to big enterprises


Deployed on: Cloud

Starting From: $9 / month

Platforms:

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Buildium

Property management and accounting software for real estate investors and realtors


Deployed on: Cloud

Starting From: $50 / month

Platforms:

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Buyer's Guide

Bring your real estate accounting into a new age

You won't get any praise by your accountant or auditor if your bookkeeping isn't in order and you haven't managed your accounting properly. If you aren't managing all your invoices, expenses, spreadsheets, commissions and brokerage fees with a proper accounting software for real estate agents, every tax season turns into a nightmare. 

Don't you think it is time to upgrade to what accounting software most real estate agents have been using all along to manage their taxes? 

This is where a quality property management software with integrated property accounting can save a lot of time, frustration, and embarrassing mistakes. Rest assured that your accounting challenges will be solved, including the correct separation of your operating accounts from your client accounts.

Of all the benefits offered by the best property management software, the greatest improvements to your bottom line could be achieved in the 2019 accounting period. When market trends change, good accounting can help landlords and property managers avoid large losses and maintain positive cash flow.

Landlords, agents and property managers are rightly obsessed with saving money. In a 2021 bear market when most stocks bleeding money and properties losing value, you will need good property accounting software that is specifically designed to help landlords and property managers keep a close eye on their finances.

 

What are the benefits of accounting software for real estate agents?

  1. A good accounting software helps you keep your finances & expenses under control, track your payments, payrolls, monitor changes in your finances and run reports in real time.
  2. Automate your accounting and bookkeeping to save precious time and avoid accountant fees while making your bookkeeping duty  easier.
  3. Generate insightful, real-time reports on rentals, leases, maintenance activities, expenses, balance sheets, and profit and loss statements
  4. View paid & unpaid invoices, money left in your bank account
  5. Eliminate spreadsheet errors and limitations - automate and relax
  6. Store all your documents, rental contracts, and invoices in the cloud. It is secure and allows you and your team members to access your data anywhere in the world from any device with an internet connection.
  7. Power of double-entry accounting
  8. No matter the size of your company, there's an accounting software designed specifically for your needs.  Whether you're one man show, or a team of 500, you can find a scalable and powerful solution. All options we have listed in our roundup are  comprehensive & powerful for property accounting.
  9. Complete double-entry accounting keeps your accounting reports accurate and up-to-date. From paying invoices to reconciling your account balances, you are much safer with real estate accounting. And when it's time to file your tax return, you benefit from additional advantages such as reduced tax costs.

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Cem Akbulut
Co-founder, 9to5Media.
cem[at]9to5software.com

Cem Akbulut is Co-founder & CEO of 9to5Media, a software research lab that provides advice, information, and tools to help businesses thrive.


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