HMO property management and accounting software?

by Readers Question

15:05 PM, 13th March 2017
About 2 years ago

HMO property management and accounting software?

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HMO property management and accounting software?

I have a portfolio of 9 HMO’s and the family as a whole has more which we self manage. I need to start using accounting software to reduce our accountancy fees and improve financial control over the businesses.accountants

Some recommendations so far have been: Xero, Sage One and QuickBooks Online.

I just wondered if any colleagues out there have any experience of using either or can suggest anything else for me to consider or trial.

Many Thanks,

David



Comments

Ameet Ghatahora

14:51 PM, 3rd September 2017
About 2 years ago

Reply to the comment left by Danko Puskaric at 18/03/2017 - 18:59
Hi Danko, how do you use xero for accounting different properties separately? I've been looking into software for some months now but found it difficult to see how you can set up each property within one subscription. Any advice would be greatly appreciated

Robert Mellors

12:46 PM, 5th September 2017
About 2 years ago

Reply to the comment left by Danko Puskaric at 18/03/2017 - 18:59
I also use Xero, but for the tenant management we also have to run a spreadsheet (which also acts as a data source for mail merge letters/documents). I would be interested in hearing about your gdrive sheets, as the spreadsheet we have created is not ideal and does not have all the attributes and uses that you have mentioned.

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