Choosing an accounting software for your HOA or property management business is a major decision that requires careful consideration. With so many options, it can be difficult to narrow down the best solution for your specific situation. To help you make the right choice, we've compiled a list of the five most popular accounting software solutions designed specifically for HOAs and property management companies. From free cloud-based services to sophisticated enterprise options, these are our top picks for managing finances in the HOA and property management sector.
OneUp is a cloud-based accounting software aimed at small to medium-sized businesses. It includes features such as invoicing, inventory management, and financial reporting, along with various other accounting features.
- Invoicing
- Financial management
- Inventory management
- Invoicing
- Payment processing
- Comprehensive financial, inventory, and payment management
- Advanced CRM and project management
- Automated invoicing and payment processing
- Higher pricing for additional users and advanced features
- Limited customization options for certain features
- Limited customer support options
- Stripe
- Shopify
- Xero
Xero is a revolutionary cloud-based accounting software that has transformed the way businesses manage their finances. With its user-friendly interface and comprehensive suite of features, Xero makes it easy for businesses of all sizes to manage their accounting processes efficiently and effectively.
One of the standout features of Xero is its invoicing tool, which allows businesses to create professional-looking invoices that are fully customizable with their branding. The tool also enables businesses to set payment terms and automate payment reminders, reducing the risk of missed payments and improving cash flow.
Xero's inventory management feature is another standout tool that allows businesses to track their stock levels, sales, and purchase orders in real-time. With this feature, businesses can make informed decisions about inventory, avoid overstocks or shortages, and streamline their supply chain management processes.
Payroll processing is a critical function for businesses, and Xero makes it simple with its payroll feature. The tool automates payroll calculations, including employee salaries, taxes, and deductions, saving businesses time and ensuring compliance with relevant tax laws and regulations.
- Bills & Expenses
- Invoicing
- Inventory management
- Payroll
- Bank reconciliation
- User-friendly interface for small business owners
- Extensive third-party app integration
- Advanced inventory management
- Higher pricing for advanced features and multi-currency support
- Some users may find the interface too simplistic or lacking in advanced features
- Limited mobile app capabilities
- HubSpot
- Stripe
- Shopify
ZipBooks is a cloud-based accounting software aimed at small businesses. It includes features such as invoicing and expense tracking.
- Invoicing
- Invoicing
- Expense tracking
- Financial reporting
- Time tracking
- User-friendly platform with AI-powered automation
- Comprehensive financial reporting and analytics
- Streamlined payment processing and invoicing
- Limited customer support options for some plans
- Limited customization options for certain features
- Limited mobile app capabilities
- Trello
- PayPal
- Google Drive
KashFlow is a cloud-based accounting software aimed at small businesses. It includes features such as invoicing, expense tracking, and financial reporting.
- Invoicing
- Invoicing
- Expense tracking
- Payroll
- Financial reporting
- Streamlined invoicing and payment processing
- Efficient expense tracking and reporting
- Automated VAT filing and compliance
- Limited integration options with other software
- Limited customization options for invoices and reports
- Higher pricing for additional users and advanced features
- Dropbox
- HubSpot
- PayPal
Sage 50 is desktop accounting software aimed at small to medium-sized businesses. It includes features such as payroll and job costing, along with various other accounting features.
- Invoicing
- Accounting and financial management
- Payroll
- Inventory management
- Job costing
- Comprehensive accounting and financial management
- Advanced payroll processing and reporting
- Efficient inventory management
- Limited cloud-based capabilities and mobile access
- Some users may find the interface too complex or outdated
- Higher pricing for additional users and advanced features
- Bill.com
- Salesforce
- Google Drive