Quick Overview
- 1#1: Yardi Voyager - Comprehensive enterprise platform for property management with advanced accounting, financial reporting, and lease administration for real estate portfolios.
- 2#2: MRI Software - Full-spectrum real estate management solution offering robust accounting, asset management, and financial analytics for commercial properties.
- 3#3: AppFolio - Cloud-based property management software with integrated accounting, automated invoicing, and bank reconciliation for residential portfolios.
- 4#4: RealPage - Integrated suite for multifamily property management featuring accounting, revenue management, and expense tracking tools.
- 5#5: Entrata - All-in-one platform for multifamily properties with unified accounting, resident payments, and financial reporting capabilities.
- 6#6: Buildium - User-friendly property management software with built-in accounting for tenant billing, maintenance tracking, and financial statements.
- 7#7: Rent Manager - Flexible multi-family and commercial property software providing customizable accounting, rent collection, and reporting features.
- 8#8: ResMan - Modern property management system with strong accounting integration for leasing, payments, and portfolio financials.
- 9#9: Propertyware - Specialized software for single-family rentals offering accounting, maintenance, and inspection management tools.
- 10#10: DoorLoop - Affordable all-in-one property management platform with accounting, tenant screening, and automated financial workflows.
We evaluated these tools based on core accounting prowess (including automated processes, reporting, and integration), adaptability to varied portfolio types, user-friendliness, and overall value—ensuring they deliver reliable performance across diverse real estate needs.
Comparison Table
This comparison table explores leading property accounting software, featuring Yardi Voyager, MRI Software, AppFolio, RealPage, Entrata, and more, to help identify the best fit for managing property-related finances. It breaks down key capabilities, usability, and suitability, providing readers with practical insights to compare tools based on their specific operational needs and goals.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Yardi Voyager Comprehensive enterprise platform for property management with advanced accounting, financial reporting, and lease administration for real estate portfolios. | enterprise | 9.4/10 | 9.8/10 | 7.2/10 | 8.5/10 |
| 2 | MRI Software Full-spectrum real estate management solution offering robust accounting, asset management, and financial analytics for commercial properties. | enterprise | 9.1/10 | 9.4/10 | 7.9/10 | 8.5/10 |
| 3 | AppFolio Cloud-based property management software with integrated accounting, automated invoicing, and bank reconciliation for residential portfolios. | enterprise | 8.7/10 | 9.2/10 | 8.5/10 | 8.0/10 |
| 4 | RealPage Integrated suite for multifamily property management featuring accounting, revenue management, and expense tracking tools. | enterprise | 8.2/10 | 9.0/10 | 7.1/10 | 7.5/10 |
| 5 | Entrata All-in-one platform for multifamily properties with unified accounting, resident payments, and financial reporting capabilities. | enterprise | 8.6/10 | 9.1/10 | 7.9/10 | 8.2/10 |
| 6 | Buildium User-friendly property management software with built-in accounting for tenant billing, maintenance tracking, and financial statements. | specialized | 8.4/10 | 8.7/10 | 8.2/10 | 7.9/10 |
| 7 | Rent Manager Flexible multi-family and commercial property software providing customizable accounting, rent collection, and reporting features. | specialized | 8.2/10 | 9.0/10 | 7.4/10 | 7.8/10 |
| 8 | ResMan Modern property management system with strong accounting integration for leasing, payments, and portfolio financials. | enterprise | 8.3/10 | 8.7/10 | 7.8/10 | 8.0/10 |
| 9 | Propertyware Specialized software for single-family rentals offering accounting, maintenance, and inspection management tools. | specialized | 8.2/10 | 8.8/10 | 7.5/10 | 7.9/10 |
| 10 | DoorLoop Affordable all-in-one property management platform with accounting, tenant screening, and automated financial workflows. | specialized | 8.4/10 | 8.8/10 | 8.2/10 | 8.0/10 |
Comprehensive enterprise platform for property management with advanced accounting, financial reporting, and lease administration for real estate portfolios.
Full-spectrum real estate management solution offering robust accounting, asset management, and financial analytics for commercial properties.
Cloud-based property management software with integrated accounting, automated invoicing, and bank reconciliation for residential portfolios.
Integrated suite for multifamily property management featuring accounting, revenue management, and expense tracking tools.
All-in-one platform for multifamily properties with unified accounting, resident payments, and financial reporting capabilities.
User-friendly property management software with built-in accounting for tenant billing, maintenance tracking, and financial statements.
Flexible multi-family and commercial property software providing customizable accounting, rent collection, and reporting features.
Modern property management system with strong accounting integration for leasing, payments, and portfolio financials.
Specialized software for single-family rentals offering accounting, maintenance, and inspection management tools.
Affordable all-in-one property management platform with accounting, tenant screening, and automated financial workflows.
Yardi Voyager
enterpriseComprehensive enterprise platform for property management with advanced accounting, financial reporting, and lease administration for real estate portfolios.
Fully integrated ERP-like accounting with property management, enabling unified data flow and eliminating silos across the real estate lifecycle
Yardi Voyager is a comprehensive enterprise-class property management platform with powerful accounting modules tailored for real estate, handling everything from general ledger and accounts payable/receivable to bank reconciliation and financial reporting. It integrates seamlessly with leasing, maintenance, and tenant portals, enabling real-time visibility across multifamily, commercial, and residential portfolios. Designed for scalability, it supports multi-entity consolidations, GAAP compliance, and advanced analytics for large-scale property operations.
Pros
- Robust, end-to-end accounting suite with real-time financial dashboards and customizable reporting
- Scalable for massive portfolios with multi-entity support and seamless integrations
- Strong compliance tools including GAAP/IFRS adherence and audit trails
Cons
- Steep learning curve and complex interface requiring extensive training
- High upfront implementation costs and ongoing fees
- Performance can lag with very large datasets without optimization
Best For
Large property management companies, REITs, and institutional investors managing thousands of units across diverse property types.
Pricing
Custom quote-based pricing; typically $2-5 per unit/month plus one-time setup fees starting at $50,000+, scaling with modules and portfolio size.
MRI Software
enterpriseFull-spectrum real estate management solution offering robust accounting, asset management, and financial analytics for commercial properties.
Dynamic multi-entity ledger that supports flexible chart of accounts and consolidated reporting across diverse property types.
MRI Software is a leading enterprise-grade property management platform with advanced accounting capabilities designed for real estate owners and managers. It provides comprehensive tools for general ledger management, accounts payable/receivable, tenant billing, financial reporting, and compliance across commercial, residential, and multifamily properties. The solution integrates seamlessly with leasing, operations, and analytics modules for real-time financial insights and scalability.
Pros
- Robust, scalable accounting for large portfolios
- Advanced reporting and multi-entity support
- Deep integrations with property management tools
Cons
- Steep learning curve for new users
- High implementation and customization costs
- Interface feels dated in some areas
Best For
Enterprise-level property management firms with complex, multi-property portfolios needing sophisticated financial controls.
Pricing
Custom quote-based pricing; typically $50,000+ annually depending on modules, users, and portfolio size.
AppFolio
enterpriseCloud-based property management software with integrated accounting, automated invoicing, and bank reconciliation for residential portfolios.
Integrated owner portals providing real-time access to financial statements and distributions
AppFolio is a comprehensive cloud-based property management platform with robust accounting features designed for real estate professionals managing residential and commercial properties. It handles core accounting tasks like rent collection, accounts payable/receivable, general ledger management, bank reconciliations, and detailed financial reporting. The software integrates seamlessly with property operations, providing real-time financial insights and automation to streamline workflows for property managers.
Pros
- Fully integrated accounting with property management tools
- Real-time reporting and customizable dashboards
- Automated rent payments and bank reconciliation
Cons
- Pricing based on units managed, expensive for small portfolios
- Initial setup and learning curve for complex features
- Limited flexibility in custom reporting compared to specialized accounting software
Best For
Mid-sized property management companies with 50+ units needing an all-in-one solution for accounting and operations.
Pricing
Starts at $1.40 per unit/month (billed annually), with minimum fees around $250/month; custom enterprise pricing available.
RealPage
enterpriseIntegrated suite for multifamily property management featuring accounting, revenue management, and expense tracking tools.
Centralized multi-entity accounting with real-time consolidation across thousands of properties
RealPage is a leading enterprise-level property management platform with robust accounting modules designed for multifamily, student housing, and commercial properties. It provides comprehensive financial tools including general ledger management, accounts payable/receivable, budgeting, financial reporting, and bank reconciliations, all integrated with leasing and operations. The software emphasizes scalability and data analytics to support large portfolios with real-time insights and compliance features.
Pros
- Seamless integration of accounting with leasing and revenue management
- Advanced analytics and reporting for multi-property portfolios
- Strong scalability and compliance tools for enterprise users
Cons
- Steep learning curve and complex interface
- High implementation and customization costs
- Limited flexibility for small operators or custom reports
Best For
Large property management companies managing thousands of units who need an integrated enterprise solution.
Pricing
Quote-based enterprise pricing, typically $1.50-$3 per unit/month plus setup fees, starting at $5,000+ monthly for mid-sized portfolios.
Entrata
enterpriseAll-in-one platform for multifamily properties with unified accounting, resident payments, and financial reporting capabilities.
Unified ledger that automatically syncs transactional data from leasing and payments for accurate, real-time financials
Entrata is an all-in-one property management platform with a robust accounting module tailored for multifamily properties, handling general ledger, accounts payable/receivable, bank reconciliations, and financial reporting. It integrates seamlessly with leasing, resident portals, and payment processing to automate financial workflows and provide real-time insights. Ideal for scaling operations, it supports accrual-based accounting specific to real estate while ensuring compliance with industry standards.
Pros
- Deep integration of accounting with property operations for streamlined workflows
- Advanced automation in AP/AR and bank reconciliations
- Powerful customizable reporting and real-time dashboards
Cons
- High cost unsuitable for small portfolios
- Steep learning curve due to extensive features
- Primarily optimized for multifamily, less flexible for other property types
Best For
Large multifamily property management firms requiring integrated accounting and operational tools.
Pricing
Quote-based pricing scaling with units managed; typically starts at $1+ per unit/month for full platform, enterprise-focused.
Buildium
specializedUser-friendly property management software with built-in accounting for tenant billing, maintenance tracking, and financial statements.
Smart Accounting with automated bank reconciliation and real-time financial dashboards
Buildium is a comprehensive cloud-based property management software with strong accounting capabilities tailored for residential property managers. It handles rent collection, invoicing, expense tracking, bank reconciliations, general ledger management, and financial reporting, including 1099 forms and customizable P&Ls. The platform integrates accounting seamlessly with operations like tenant screening, maintenance, and leasing for multi-property portfolios.
Pros
- Robust accounting automation including bank feeds and auto-reconciliation
- Comprehensive financial reporting and tax tools like 1099 generation
- Scalable for portfolios from small to mid-sized with multi-entity support
Cons
- Higher pricing for smaller portfolios with per-unit fees adding up
- Steep learning curve for advanced accounting customizations
- Limited native support for commercial property accounting nuances
Best For
Small to mid-sized residential property management firms needing integrated accounting with operational tools.
Pricing
Starts at $58/month for up to 20 units (Essential plan), scaling to $365+/month for larger portfolios with additional per-unit fees and premium add-ons.
Rent Manager
specializedFlexible multi-family and commercial property software providing customizable accounting, rent collection, and reporting features.
Advanced trust accounting with built-in compliance tools and 1099 e-filing for multi-state operations
Rent Manager is a robust property management software platform with advanced accounting capabilities designed for landlords, property managers, and real estate professionals handling residential, commercial, and HOA properties. It provides comprehensive tools for general ledger management, accounts payable/receivable, bank reconciliations, trust accounting, and customizable financial reporting to ensure accurate bookkeeping and compliance. The software integrates seamlessly with property operations like rent collection, maintenance tracking, and tenant portals, streamlining the entire workflow.
Pros
- Powerful accounting suite with GL, AP/AR, trust accounting, and automated reconciliations
- Highly customizable reports and dashboards for detailed financial insights
- Scalable for portfolios from small landlords to enterprise-level management
Cons
- Steep learning curve due to extensive features and customization options
- Pricing can be expensive for small-scale users with fewer than 50 units
- Occasional reports of slower customer support response times
Best For
Mid-sized to large property management firms managing diverse property types who need integrated accounting and operations in one platform.
Pricing
Starts at about $1 per unit per month (minimum 50 units), plus one-time setup fees and add-ons for advanced modules; custom enterprise pricing available.
ResMan
enterpriseModern property management system with strong accounting integration for leasing, payments, and portfolio financials.
Portfolio-level general ledger consolidation that automatically rolls up financials across multiple properties in real-time
ResMan is a cloud-based property management platform with robust accounting capabilities designed for multifamily, single-family, and commercial properties. It handles core accounting functions like general ledger management, accounts payable/receivable, bank reconciliations, automated rent collection, and customizable financial reporting. The software ensures compliance with tax forms such as 1099s and provides real-time insights into portfolio performance.
Pros
- Comprehensive accounting suite with real-time financial dashboards and portfolio consolidations
- Automated AP/AR processes including ACH payments and bank integrations
- Strong compliance tools for taxes, audits, and regulatory reporting
Cons
- Steep learning curve for advanced accounting features
- Pricing scales quickly for smaller portfolios
- Limited native support for highly customized non-standard accounting workflows
Best For
Mid-to-large property management firms managing diverse property types that require integrated accounting within a full operations platform.
Pricing
Custom quote-based pricing, typically $1.50-$3 per unit/month depending on portfolio size and features selected.
Propertyware
specializedSpecialized software for single-family rentals offering accounting, maintenance, and inspection management tools.
Advanced financial consolidation across multiple properties and ownership entities with real-time analytics
Propertyware, from RealPage, is a full-featured property management platform with strong accounting capabilities tailored for multifamily housing operators. It automates rent collection, accounts payable/receivable, bank reconciliations, general ledger management, and financial reporting, including customizable dashboards and compliance tools like 1099 processing. Ideal for scaling portfolios, it integrates property operations with accounting for streamlined workflows.
Pros
- Robust accounting suite with automated rent posting and advanced financial reporting
- Seamless integration with property management and RealPage ecosystem
- Handles complex ownership structures and large-scale portfolios effectively
Cons
- Steep learning curve for new users due to extensive features
- Pricing can be high for smaller properties
- Primarily optimized for multifamily, less ideal for diverse asset types
Best For
Large multifamily property managers needing integrated accounting and operations in one platform.
Pricing
Custom quote-based pricing, typically $1.50-$3 per unit per month for multifamily properties.
DoorLoop
specializedAffordable all-in-one property management platform with accounting, tenant screening, and automated financial workflows.
AI-powered Smart Accounting for automatic transaction categorization and bank reconciliation
DoorLoop is an all-in-one property management platform with robust built-in accounting tools designed for landlords, property managers, and real estate investors. It handles rent collection, expense tracking, bank reconciliations, financial reporting, and tax compliance like 1099 filings through an automated general ledger system. The software supports multi-property portfolios with customizable dashboards for real-time financial insights.
Pros
- Comprehensive accounting suite including AR/AP, general ledger, P&L statements, and automated reconciliations
- Seamless integration with bank accounts and QuickBooks for efficient data syncing
- Scalable for portfolios of any size with strong reporting and compliance tools
Cons
- Pricing can become expensive for large portfolios with per-unit fees
- Occasional glitches in automated features and a moderate learning curve for advanced accounting
- Customer support response times can vary, especially for non-enterprise users
Best For
Mid-sized property management firms or investors managing 10+ units who need integrated accounting without third-party tools.
Pricing
Starts at $0 for up to 3 units (Essentials), $59/month for 4-10 units, $99+/month for Pro plans, scaling per unit with enterprise custom pricing.
Conclusion
The top three property accounting tools—Yardi Voyager, MRI Software, and AppFolio—each excel in distinct areas, with Yardi Voyager leading as the most comprehensive choice, MRI Software offering robust commercial-focused management, and AppFolio providing user-friendly residential solutions. Together, they highlight the diverse needs of property management, ensuring there is a strong option for every portfolio type. For those prioritizing integration and enterprise-level features, Yardi Voyager stands out as the clear top selection.
Don’t miss out on the success of top-performing property management—start exploring Yardi Voyager today to simplify accounting, enhance financial control, and maximize your portfolio’s potential.
Tools Reviewed
All tools were independently evaluated for this comparison