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Accounting

Real trust accounting, not QuickBooks-with-extra-steps.

Trust accounting

  • Per-property general ledgers
  • Segregated trust / escrow accounts (state broker rules respected)
  • Tenant ledger with rent, late fees, deposits, charges, credits
  • Owner ledger with rent collected, expenses, management fees, distributions
  • Reserves and minimum-balance enforcement

Bank reconciliation

  • Bank-feed sync via Plaid for all major US banks
  • Auto-match incoming rent to the right tenant
  • Match outgoing payments to vendors and owners
  • Daily three-way reconciliation (book / bank / trust)
  • Discrepancy queue with resolution workflow

Owner payouts

  • Scheduled monthly ePay disbursements to owner bank accounts
  • Reserve enforcement (don't pay out below the minimum)
  • Per-owner statement with revenue, expenses, fees, net
  • Mid-month draws on request
  • Multi-owner property splits

Year-end & 1099s

  • 1099-NEC generation at the new $2,000 threshold (tax year 2026)
  • 1099-MISC for owner distributions
  • W-9 collection from vendors with TIN matching
  • Bulk e-file to IRS, paper filing as fallback
  • Per-state filings where required

Reporting

  • Income statement, cash-flow, balance sheet per property
  • Portfolio roll-up across all properties / owners
  • Delinquency aging (0-30, 31-60, 60-90, 90+)
  • Maintenance cost per unit, per category
  • Custom report builder with CSV / PDF / API export

Integrations

  • QuickBooks Online + Desktop
  • Xero
  • Sage 100/300 (Enterprise)
  • Yardi data import (Enterprise)
  • Custom GL exports via API

Get started

Open the gate. Run the building. From one platform.

Demo in 30 minutes. Migration from Buildium, AppFolio, or Yardi included.