5+ Best Accounting Software for Vacation Rentals and Property Management

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

In the highly competitive vacation rental and property management sector, selecting the right accounting software for your business can be a daunting task. With so many different options out there, it's important to choose the best one for your unique needs. To help you in your selection process, we've compiled a list of the top five accounting software solutions, making it easier to find the perfect one for your business.

Who is the best Accounting Software For Vacation Rental?

The Best Accounting Software For Vacation Rental of 2023:

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

  1. FreshBooks
  2. QuickBooks
  3. AccountEdge
  4. Zoho Books
  5. Sage 50

Our Review of the Best Accounting Software For Vacation Rental:

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

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FreshBooks

Newfoundrz's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
4.2
out of 5

FreshBooks is an accounting software that includes invoicing, time tracking, and project management features, primarily aimed at freelancers and small businesses. It is cloud-based and offers mobile apps for iOS and Android.

  • Invoicing
  • Invoicing
  • Time tracking
  • Project management
  • Estimates and proposals
  • Time-saving automation of invoicing and payment processing
  • Easy time tracking and project management
  • Simplified tax preparation
  • Higher pricing for advanced features and multi-user support
  • Limited customization options for invoices and reports
  • Limited integration options with other software
Pricing for FreshBooks starts at $17/month and moves up to $55/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:
$17/month
Pricing Plan 2:
$55/month
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QuickBooks

Newfoundrz's Software Review:
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4.4
out of 5

QuickBooks is a comprehensive accounting software for small to medium-sized businesses. It includes features such as invoicing, expense tracking, and financial reporting. QuickBooks is available as desktop software or a cloud-based service.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Payroll
  • Efficient invoicing and payment processing
  • Comprehensive financial reporting
  • Robust payroll management
  • Steep learning curve for some users
  • Limited customization options for invoices and reports
  • Limited customer support options for some plans
Pricing for QuickBooks starts at $30/month and moves up to $200/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:
$30/month
Pricing Plan 2:
$200/month
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  • Microsoft Excel
  • Gmail
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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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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
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  • HubSpot
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Sage 50

Newfoundrz's Software Review:
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4.5
out of 5

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
Pricing for Sage 50 starts at $28.90/month and moves up to $76.65/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:
$28.90/month
Pricing Plan 2:
$76.65/month
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Software Rankings:
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Important Features to Look For in Accounting Software For Vacation Rental:

Accounting Software For Vacation Rental Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
FreshBooks true $17/month $55/month
QuickBooks true $30/month $200/month
AccountEdge true $15/month Custom
Zoho Books true $0/month $240/month
Sage 50 true $28.90/month $76.65/month

Accounting Software For Vacation Rental Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
FreshBooks 4.5 4 4 4.2
QuickBooks 4.7 4 4.5 4.4
AccountEdge 4 4 4 4
Zoho Books 4 4.5 4.5 4.3
Sage 50 4.4 4.4 4.6 4.5

Can vacation rentals and property management benefit from using accounting software?

Can vacation rentals and property management benefit from using QuickBooks?

In what ways can vacation rental businesses benefit from using accounting software for their finances?

What is the price range of accounting software designed for data entry businesses, and what features does it offer for managing client projects, time tracking, or generating invoices?

Factors we use to Rank Accounting Software For Vacation Rental:

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.