Bookkeeping software for property management companies
Property management bookkeeping software has to process a high volume of small transactions across many bank accounts. Adopt brings in each one, suggests the category with the reason behind it and reconciles every account.
How property management companies handle this today.
Thousands of small lines. Rent receipts, repairs and utilities for every door.
Many bank accounts. Each one has to be reconciled every month.
Vendors repeat. The same plumber and landscaper appear across the portfolio.
Owner money is not company money. A miscoded line puts funds in the wrong place.
Property management bookkeeping, at volume
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. A statement uploaded twice is not added twice.
Suggested categories
Receipts, repairs, utilities and management fees each get a suggested account, with the reason shown.
Accept or change
Accept in bulk or one row at a time. Nothing is applied until you accept it.
Reconcile and report
Accounts reconcile to their statements, to the cent, and monthly statements are ready to review.
What changes for property management companies
Bulk review
Accept suggestions in bulk and spend your time on the exceptions.
Every account reconciled
Each bank account ties to its own statement, to the cent.
The same vendor, the same account
Write a rule once and the suggestion follows it across the portfolio.
FAQs
It records and categorizes the transactions for the properties you manage and reconciles every bank account. Adopt prepares that work and your team approves it.
No. Leases, tenant ledgers and owner statements stay there. Adopt keeps the accounting books and bank reconciliations current.
Yes. Each entity keeps its own books, and you can review one entity or all of them.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for property management companies
Bookkeeping software for other industries
Every door, on the books.
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.
