Accounting software for real estate
Real estate accounting software has to handle one set of books per property or LLC without multiplying the work. Adopt keeps each entity’s books and monthly close current, and your team approves every entry.
How real estate businesses handle this today.
An entity for every property. Each LLC has its own bank account, its own books and its own month end.
The volume is entities, not transactions. A simple reconciliation becomes a week of work when it repeats across the portfolio.
Lenders and partners want statements. Reports are due by entity, on a schedule.
Money moves between entities. Transfers between related companies have to be recorded on both sides.
Real estate accounting, entity by entity
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. Adopt starts from your opening balances.
Rents and expenses coded, with reasons
Rent, repairs, taxes, insurance and loan payments each get a suggested account and the reason behind it.
Review and approve
Approve in bulk or one at a time. Nothing posts until you do.
Close and report
Reconciliations and month-end statements are prepared for you to sign off.
What changes for real estate businesses
Multi-entity from day one
Add a property or an LLC as its own entity, with its own books.
One entity or the whole portfolio
Review a single entity or all of them without rebuilding a spreadsheet.
Statements by entity
A profit and loss and a balance sheet for each entity, built on reconciled accounts.
FAQs
It keeps the books for properties and the entities that hold them: rents and expenses recorded, accounts reconciled and statements produced for owners, partners and lenders. Adopt prepares that work and your team approves it.
Yes. Each entity keeps its own books, and you can review one entity or all of them.
Your team does. Adopt prepares categories, matches and journal entries and shows the reason for each one. Nothing posts until someone on your team approves it.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for real estate businesses
Every entity, closed each month.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
