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Best property management accounting software

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Simplify rent collection and tracking

FreshBooks accounting software helps property managers easily collect rent online and track rent payments. You can automate reminders, track partial payments, and get a clear overview of who has paid and who hasn’t. This simplifies your rent collection process and helps maintain a steady cash flow.

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Automate expense management and reporting

With FreshBooks, property managers can automate accounting tasks such as expense management and reporting. Track expenses by property, categorize spending, and generate financial reports to produce essential financial documents that track rental income and expenses. This feature helps you monitor your financial performance and ensures accurate records for tax time.

Gain real-time financial insights

FreshBooks provides property managers with real-time financial insights. You can see your income, expenses, and overall financial health at a glance. This helps you make informed decisions quickly and keep your property management business on track.  

Streamline invoicing for tenants and vendors

FreshBooks streamlines invoicing for tenants and vendors. Create and send professional invoices, set up recurring invoices, and accept online payments, including payments made through a bank account. This makes it easier to bill tenants, including the ability to manage late fees, and pay vendors, improving your cash flow.

Ensure tax compliance with accurate records

FreshBooks ensures tax compliance with accurate records. Keep detailed records of income and expenses, track deductions, and generate tax reports. This simplifies tax preparation and helps you stay compliant.  

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All the features you will need for your property management accounting software

Automate your property management finances & save time

FreshBooks’ automation features help property managers handle bookkeeping effortlessly. Features like recurring invoices, expense tracking, and tax calculations save time and increase efficiency. Automation reduces errors, simplifies financial management, and lets you focus on growing your property management business.

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Faster payments with effortless rent invoicing

FreshBooks streamlines invoicing and payments for property managers. Automation, online payment options, and automated reminders help you get paid faster. These features help reduce missed payments and improve cash flow for landlords and property managers. Effortless rent invoicing with FreshBooks ensures faster payments, enhancing operational efficiency for every property owner.

Stay on top of your rental property finances in real time

FreshBooks provides property managers with real-time updates on rental income, expenses, and financial health. Instant insights from FreshBooks eliminate manual tracking. This helps landlords make informed financial decisions with ease using property management accounting software. Additionally, rental property management software offers real-time financial updates, further streamlining property management tasks.

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Free vs. FreshBooks accounting software for property management

Free accounting software might seem attractive for property management, but it often lacks essential tools. For example, many free options don’t offer features like detailed expense tracking, automated rent collection, or in-depth financial reports, which are critical for managing properties efficiently. This can create more work as your business grows.

FreshBooks accounting software for property management is designed for small business accounting needs. It simplifies tasks such as tracking expenses, automating rent collection, and creating professional invoices. FreshBooks also provides secure data storage, strong customer support, and integrates with property management tools and other business tools, offering a complete solution that free software usually misses.

With FreshBooks, property managers gain powerful tools to handle day to day operations and finances smoothly and support business growth.

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

Why property management owners choose FreshBooks. The reviews say it all

Excellent
4.5 stars

Accounting apps & integrations for property management owners

FreshBooks integrates with 100+ apps, helping property owners and landlords take control of their property management accounting. You can also customize your FreshBooks experience with these integrations.

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  • Help From Start to Finish: Our Support team is highly knowledgeable and never transfers you to another department.
  • 4.8/5.0 Star Reviews: Yup, that’s our Support team approval rating across 120,000+ reviews
  • Global Support: We’ve got over 100 Support staff working across North America and Europe
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Accounting software by industry

Feeling overwhelmed by bookkeeping? FreshBooks offers industry-specific accounting software that simplifies finances and boosts efficiency. This lets you focus on what truly matters. Visit our industry pages below to learn how FreshBooks can fulfill all your accounting needs!  

Resources to support property management owners


Bookkeeping for Property Management: 8 Best Practices

Bookkeeping for Property Management: 8 Best Practices


How to Do Accounting for Your Real Estate Business

Real Estate Accounting: A Complete Guide for 2025


10 Rental Property Tax Deductions

10 Rental Property Tax Deductions


Frequently asked questions

What is the best property management accounting software?

The best property management accounting software, like FreshBooks, helps track rent, automate expenses, and manage finances. It simplifies bookkeeping and provides real-time insights into your property’s financial health.  

How to do accounting for property management?

Accounting for property management involves tracking income and expenses, managing rent payments, and generating financial reports. Using accounting software for property management can automate these tasks and ensure accuracy.  

What features should property management accounting software include?

Property management accounting software should include features like rent tracking, expense management, invoicing, financial reporting, and the ability to handle maintenance requests. Choosing the right property management software that includes automation, online payments, and tax compliance tools is also important.

Can I automate rent collection and invoicing with accounting software?

Yes, you can automate rent collection and invoicing with accounting software. FreshBooks allows you to set up recurring invoices, automate reminders, and accept online payments, which streamlines the process.  

What are the benefits of using accounting software for property managers?

The benefits of using accounting software for property managers include time savings, reduced errors, and improved financial insights. It also simplifies tax preparation and enhances cash flow management.  

How does property management accounting software simplify tax preparation?

Property management accounting software simplifies tax preparation by keeping accurate records of income and expenses. It also generates reports and tracks deductions, making it easier to file taxes.

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