5+ Best Accounting Software for Rental Property Owners and Landlords

Image of author Nick Cotter
Newfoundr
accounting software for rental property
March 13, 2023
-
10
min read

It can be a challenge to stay on top of your accounting when you’re a landlord or rental property owner. Keeping track of income, expenses, and all the other financial details of your business is essential for success, so having the right software in place can make all the difference. With that in mind, here are 5+ of the best accounting software solutions for rental property owners and landlords to help you stay on top of your finances!

Who is the best Accounting Software For Rental Property?

The Best Accounting Software For Rental Property of 2023:

Here’s our shortlist of the best accounting software for rental property I'm ranking through our extensive research and use:

  1. KashFlow
  2. Zoho Books
  3. OneUp
  4. AccountEdge
  5. Xero

Our Review of the Best Accounting Software For Rental Property:

Here is our list of the best accounting software for rental property:

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KashFlow

Newfoundrz's Software Review:
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4
out of 5

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
Pricing for KashFlow starts at $12.70/month and moves up to $35/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$12.70/month
Pricing Plan 2:
$35/month
  • Dropbox
  • HubSpot
  • PayPal
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Zoho Books

Newfoundrz's Software Review:
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4.3
out of 5

Zoho Books is a cloud-based accounting software that provides features such as invoicing, expense tracking, and inventory management. It is aimed at small businesses and includes integrations with various other business tools.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Inventory management
  • Financial reporting
  • User-friendly interface with customizable templates
  • Robust inventory and project management
  • Powerful bank reconciliation and payment processing
  • Limited mobile app capabilities
  • Some users may find the interface too cluttered or confusing
  • Limited customization options for certain features
Pricing for Zoho Books starts at $0/month and moves up to $240/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$0/month
Pricing Plan 2:
$240/month
  • Shopify
  • Salesforce
  • HubSpot
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OneUp

Newfoundrz's Software Review:
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4.3
out of 5

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
Pricing for OneUp starts at $9/month and moves up to $169/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$9/month
Pricing Plan 2:
$169/month
  • Stripe
  • Shopify
  • Xero
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AccountEdge

Newfoundrz's Software Review:
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4
out of 5

AccountEdge is desktop accounting software aimed at small businesses. It includes features such as payroll and inventory management, along with various other accounting features.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Payroll
  • Comprehensive accounting and financial management
  • Advanced inventory and payroll management
  • Powerful time billing and reporting
  • Limited cloud-based capabilities and mobile access
  • Limited integration options with other software
  • Higher pricing for advanced features and multi-user support
Pricing for AccountEdge starts at $15/month and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$15/month
Pricing Plan 2:
Custom
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Xero

Newfoundrz's Software Review:
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4.3
out of 5

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
Pricing for Xero starts at $13/month and moves up to $70/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$13/month
Pricing Plan 2:
$70/month
  • HubSpot
  • Stripe
  • Shopify
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QuickBooks
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Software Rankings:
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Important Features to Look For in Accounting Software For Rental Property:

Accounting Software For Rental Property Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
KashFlow true $12.70/month $35/month
Zoho Books true $0/month $240/month
OneUp true $9/month $169/month
AccountEdge true $15/month Custom
Xero true $13/month $70/month

Accounting Software For Rental Property Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
KashFlow 4 4 4 4
Zoho Books 4 4.5 4.5 4.3
OneUp 4 4.5 4.5 4.3
AccountEdge 4 4 4 4
Xero 4 4.5 4.5 4.3

Should rental property owners and landlords consider using accounting software?

Is QuickBooks a helpful tool for rental property owners and landlords to use?

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Factors we use to Rank Accounting Software For Rental Property:

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