![]() ![]() When SMB accounting software arrived, they were convenient, visual and easier to learn. Your Software has to Adapt Specifically to Your Property Management Challenges It’s very important for you to compare ManageCasa vs Quickbooks, Netsuite, Sage, Xero, Freshbooks, or other small business accounting software. The specific challenges are unique to each property manager, but this journey is what most property managers progress through. If you’re spending too much time on bookkeeping and accounting and struggling to keep the books accurate, it might be the tools you’re using. So let’s take a quick, general look at why property management accounting packages (e.g., ManageCasa) can make your work easier and more accurate than using the general accounting package you’re now using. Graphic courtesy of Wikimediaĭedicated property management provides a more thorough and reliable view into your profitability, profit margins, balance sheet, and all other key financial data. Growing Without Specialized Software is Nerve-WrackingĪre you hoping to move your property management services firm into the “big leagues” of property management? That’s a smart decision because this industry has an excellent outlook. Accounting Automation: Automating Recurring Charges We will gather a chart of comparisons for later publication but for now, we’d like to take a big picture look at accounting software and how dedicated, automated applications are more suitable. Powerful specialized applications for property management for example, possess built in, custom-developed accounting features designed to make accounting easy for property management companies and their staff. Unfortunately, most general accounting packages compare poorly vs the dedicated features and workflow design of newer, professional, and industry-specific accounting solutions. Off the Shelf Solutions Just Don’t Cut It You may have only wanted the basic accounting functionality and were waiting to upgrade to a premium accounting solution later.Ĭost savings are okay, as long as you have a product that doesn’t get in the way of doing successful property management. ![]()
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