Quick Overview
- 1#1: AppFolio - Cloud-based property management platform with integrated accounting for automated rent collection, expense tracking, and financial reporting.
- 2#2: Buildium - All-in-one property management software featuring robust accounting tools for invoicing, bank reconciliation, and profitability analysis.
- 3#3: Yardi Voyager - Enterprise-grade property management system with advanced accounting modules for complex financial management and compliance reporting.
- 4#4: Entrata - Unified multifamily property management platform with comprehensive accounting for resident payments, ledger management, and audit trails.
- 5#5: Rent Manager - Versatile property management software with powerful accounting features for customizable ledgers, AP/AR, and multi-entity support.
- 6#6: RealPage - Data-driven real estate management suite with analytics-integrated accounting for revenue optimization and expense control.
- 7#7: ResMan - Modern cloud platform for property management offering automated accounting, resident portals, and real-time financial insights.
- 8#8: MRI Software - Global real estate platform providing sophisticated accounting solutions for portfolio-wide financial consolidation and reporting.
- 9#9: DoorLoop - Affordable all-in-one property management tool with built-in accounting for rent payments, bookkeeping, and tax preparation.
- 10#10: Propertyware - Scalable property management software with integrated accounting for single-family and small multifamily portfolio financials.
We ranked these tools based on integrated accounting capabilities, user experience, reliability, and value, ensuring each option effectively addresses the complex financial workflows of property management.
Comparison Table
Effective property management hinges on reliable accounting software, and this comparison table examines key tools including AppFolio, Buildium, Yardi Voyager, Entrata, Rent Manager, and more. It outlines features, usability, and suitability, helping readers identify the best fit for their portfolio size and operational needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | AppFolio Cloud-based property management platform with integrated accounting for automated rent collection, expense tracking, and financial reporting. | enterprise | 9.6/10 | 9.8/10 | 8.7/10 | 9.2/10 |
| 2 | Buildium All-in-one property management software featuring robust accounting tools for invoicing, bank reconciliation, and profitability analysis. | specialized | 9.1/10 | 9.4/10 | 8.6/10 | 8.8/10 |
| 3 | Yardi Voyager Enterprise-grade property management system with advanced accounting modules for complex financial management and compliance reporting. | enterprise | 8.7/10 | 9.4/10 | 6.9/10 | 7.8/10 |
| 4 | Entrata Unified multifamily property management platform with comprehensive accounting for resident payments, ledger management, and audit trails. | enterprise | 8.6/10 | 9.1/10 | 8.0/10 | 7.8/10 |
| 5 | Rent Manager Versatile property management software with powerful accounting features for customizable ledgers, AP/AR, and multi-entity support. | specialized | 8.6/10 | 9.2/10 | 7.7/10 | 8.1/10 |
| 6 | RealPage Data-driven real estate management suite with analytics-integrated accounting for revenue optimization and expense control. | enterprise | 8.2/10 | 9.0/10 | 7.2/10 | 7.5/10 |
| 7 | ResMan Modern cloud platform for property management offering automated accounting, resident portals, and real-time financial insights. | specialized | 8.4/10 | 9.1/10 | 7.6/10 | 8.0/10 |
| 8 | MRI Software Global real estate platform providing sophisticated accounting solutions for portfolio-wide financial consolidation and reporting. | enterprise | 8.2/10 | 9.1/10 | 7.4/10 | 7.8/10 |
| 9 | DoorLoop Affordable all-in-one property management tool with built-in accounting for rent payments, bookkeeping, and tax preparation. | specialized | 8.6/10 | 8.8/10 | 8.9/10 | 8.4/10 |
| 10 | Propertyware Scalable property management software with integrated accounting for single-family and small multifamily portfolio financials. | specialized | 8.1/10 | 8.6/10 | 7.4/10 | 7.7/10 |
Cloud-based property management platform with integrated accounting for automated rent collection, expense tracking, and financial reporting.
All-in-one property management software featuring robust accounting tools for invoicing, bank reconciliation, and profitability analysis.
Enterprise-grade property management system with advanced accounting modules for complex financial management and compliance reporting.
Unified multifamily property management platform with comprehensive accounting for resident payments, ledger management, and audit trails.
Versatile property management software with powerful accounting features for customizable ledgers, AP/AR, and multi-entity support.
Data-driven real estate management suite with analytics-integrated accounting for revenue optimization and expense control.
Modern cloud platform for property management offering automated accounting, resident portals, and real-time financial insights.
Global real estate platform providing sophisticated accounting solutions for portfolio-wide financial consolidation and reporting.
Affordable all-in-one property management tool with built-in accounting for rent payments, bookkeeping, and tax preparation.
Scalable property management software with integrated accounting for single-family and small multifamily portfolio financials.
AppFolio
enterpriseCloud-based property management platform with integrated accounting for automated rent collection, expense tracking, and financial reporting.
TrueBooks automated accounting engine that ensures 100% reconciled books with minimal manual entry
AppFolio is a leading cloud-based property management platform with robust accounting features tailored for residential property managers. It streamlines financial operations through automated rent collection, AP/AR management, bank reconciliations, general ledger tracking, and customizable financial reports. The software also supports owner portals for real-time access to statements and distributions, making it ideal for scaling portfolios.
Pros
- Comprehensive accounting tools including GL, AP/AR, and trust accounting
- Automated bank feeds and reconciliation for efficiency
- Advanced reporting with owner distribution automation
Cons
- Higher pricing with minimum fees for small portfolios
- Initial learning curve for advanced accounting features
- Limited support for commercial property accounting nuances
Best For
Mid-to-large property management firms with 100+ residential units needing integrated accounting and operations.
Pricing
Starts at about $1.40 per unit per month (Essentials plan) with a $250-$280 minimum; tiered pricing up to $3/unit for premium features, custom quotes available.
Buildium
specializedAll-in-one property management software featuring robust accounting tools for invoicing, bank reconciliation, and profitability analysis.
Advanced trust accounting that automatically segregates and reconciles owner and tenant funds for full compliance
Buildium is a comprehensive cloud-based property management platform with robust accounting features tailored for residential property managers. It automates rent collection, invoicing, accounts payable/receivable, bank reconciliations, and generates detailed financial reports including P&L statements, balance sheets, and tax forms like 1099s. The software ensures trust accounting compliance for security deposits and owner funds, integrating seamlessly with tenant screening, maintenance, and leasing tools to streamline operations.
Pros
- Powerful accounting suite with automated reconciliations, trust accounting, and 50+ customizable financial reports
- Seamless integration with online rent payments, ACH/eCheck, and bank feeds for efficient cash flow management
- Strong compliance tools including 1099 filing and audit trails for regulatory adherence
Cons
- Pricing scales steeply with portfolio size, making it less affordable for very small operators
- Advanced reporting requires some learning curve and lacks deep customization options
- Customer support response times can vary, especially for non-enterprise users
Best For
Mid-sized property management firms (50-500 units) seeking integrated accounting with full property operations management.
Pricing
Starts at $58/month for up to 20 units (Growth plan), $173/month for 100 units (Premium), with custom enterprise pricing; additional fees for premium features like e-signatures.
Yardi Voyager
enterpriseEnterprise-grade property management system with advanced accounting modules for complex financial management and compliance reporting.
Proprietary Voyager Ledger system offering real-time, multi-book accounting with unlimited segmentation for complex portfolio financials.
Yardi Voyager is an enterprise-grade property management software suite from Yardi Systems, specializing in comprehensive accounting solutions for real estate portfolios including multifamily, commercial, and affordable housing. It provides robust general ledger management, accounts payable/receivable processing, tenant billing, financial reporting, and compliance tools tailored to property management needs. The platform integrates seamlessly with leasing, maintenance, and operations modules for end-to-end visibility and scalability across large portfolios.
Pros
- Extensive accounting capabilities with multi-entity GL, bank reconciliation, and advanced forecasting
- Deep customization and scalability for large portfolios
- Strong compliance and audit trail features for regulatory adherence
Cons
- Steep learning curve requiring extensive training and implementation time
- High implementation and ongoing costs
- Interface feels dated compared to modern cloud-native alternatives
Best For
Enterprise-level property managers handling thousands of units across diverse property types who need robust, customizable accounting integration.
Pricing
Custom quote-based pricing, typically $1-3 per unit/month plus setup fees; annual costs often exceed $50,000 for mid-sized portfolios.
Entrata
enterpriseUnified multifamily property management platform with comprehensive accounting for resident payments, ledger management, and audit trails.
Real-time accounting dashboards with AI-driven insights and automated reconciliations across the entire property portfolio
Entrata is a cloud-based, all-in-one property management platform with integrated accounting software designed primarily for multifamily housing operators. It offers comprehensive financial tools including general ledger management, accounts payable/receivable, automated bank reconciliations, and customizable financial reporting. The platform ensures real-time visibility into financial performance, tightly integrated with leasing, maintenance, and resident services to streamline operations.
Pros
- Seamless integration of accounting with full property management operations
- Real-time financial reporting and analytics for portfolio-wide insights
- Scalable for enterprise-level multifamily portfolios with multi-entity support
Cons
- High pricing makes it less accessible for small property owners
- Steep learning curve due to extensive features and customization options
- Primarily optimized for multifamily, with limited flexibility for other property types
Best For
Large multifamily property management companies needing a unified platform for operations and accounting.
Pricing
Custom quote-based pricing, typically $1.50-$3 per unit per month depending on portfolio size and modules selected.
Rent Manager
specializedVersatile property management software with powerful accounting features for customizable ledgers, AP/AR, and multi-entity support.
Profitability Wizard for granular financial analysis across properties, tenants, and expense categories
Rent Manager is a robust property management software platform designed specifically for accounting and operations in the real estate sector. It provides comprehensive tools for accounts receivable/payable, general ledger management, bank reconciliations, and customizable financial reporting tailored to property portfolios. Beyond accounting, it integrates tenant management, maintenance tracking, and leasing workflows, offering an all-in-one solution for property managers.
Pros
- Advanced accounting suite with property-specific ledgers, trust accounting, and 1099 compliance
- Over 600 customizable reports for detailed financial insights
- Strong integrations with payment processors, utilities, and screening services
Cons
- Steep learning curve due to extensive customization options
- Higher pricing tiers unsuitable for very small portfolios
- Reported occasional glitches in the on-premise version
Best For
Mid-sized to large property management companies needing deep accounting functionality alongside operational tools.
Pricing
Quote-based pricing; typically $1 per unit/month (min. 50-100 units) for cloud version, with on-premise licenses starting at $10,000+ plus annual maintenance.
RealPage
enterpriseData-driven real estate management suite with analytics-integrated accounting for revenue optimization and expense control.
YieldStar revenue management system integrated with accounting for dynamic pricing and profitability optimization
RealPage is a comprehensive property management platform with robust accounting software designed for multifamily, commercial, and single-family properties. Its accounting module, part of the OneSite suite, handles general ledger, accounts payable/receivable, financial reporting, bank reconciliations, and tax compliance seamlessly integrated with leasing and maintenance operations. The system provides real-time financial insights and analytics to optimize property performance and revenue.
Pros
- Deep integration of accounting with property operations and revenue management
- Advanced reporting and customizable dashboards for financial analysis
- Scalable for enterprise-level portfolios with strong compliance tools
Cons
- Steep learning curve and complex initial setup
- High costs with quote-based pricing that may not suit smaller operators
- Interface can feel outdated compared to modern cloud-native alternatives
Best For
Large property management firms managing multifamily or commercial portfolios that require end-to-end integration of accounting and operations.
Pricing
Custom quote-based pricing, typically $1-4 per unit per month plus implementation fees starting at $10,000+, varying by modules and portfolio size.
ResMan
specializedModern cloud platform for property management offering automated accounting, resident portals, and real-time financial insights.
Dynamic General Ledger that automatically syncs operational data for real-time, accurate financials without manual entries
ResMan is a cloud-based property management platform with robust accounting capabilities tailored for multifamily, single-family, and commercial properties. It provides a full suite of financial tools including general ledger management, accounts payable/receivable, bank reconciliations, and customizable financial reporting. The software ensures compliance with real estate accounting standards while integrating seamlessly with operational modules for streamlined workflows.
Pros
- Comprehensive accounting suite with real-time GL and automated reconciliations
- Strong integration between accounting and property operations
- Advanced reporting and analytics for portfolio-level insights
Cons
- Steep learning curve for non-accounting users
- Pricing can be high for small portfolios
- Occasional customer support delays reported
Best For
Mid-to-large property management firms managing multifamily or commercial portfolios that need integrated accounting and operations.
Pricing
Custom pricing starting at about $1.50-$2.50 per unit/month, with enterprise plans for larger portfolios.
MRI Software
enterpriseGlobal real estate platform providing sophisticated accounting solutions for portfolio-wide financial consolidation and reporting.
Multi-book accounting supporting diverse regulatory standards and ownership structures in real-time
MRI Software is an enterprise-level property management platform with robust accounting capabilities tailored for commercial, residential, and multifamily properties. It provides comprehensive general ledger management, accounts payable/receivable automation, financial reporting, and compliance tools like GAAP and IFRS support. The solution integrates accounting seamlessly with leasing, operations, and asset management for holistic portfolio oversight.
Pros
- Advanced multi-entity accounting and consolidation
- Powerful reporting and analytics dashboards
- Scalable for large portfolios with strong integrations
Cons
- Steep learning curve and complex setup
- High implementation costs and time
- Custom pricing lacks transparency
Best For
Enterprise property owners and managers handling large, complex portfolios across multiple entities.
Pricing
Custom quote-based pricing; typically starts at $5,000+ per month for mid-sized deployments, scaling with portfolio size and modules.
DoorLoop
specializedAffordable all-in-one property management tool with built-in accounting for rent payments, bookkeeping, and tax preparation.
Automated bank reconciliation and AI-driven financial forecasting
DoorLoop is a comprehensive cloud-based property management software with integrated accounting tools designed for landlords and property managers. It handles rent collection, invoicing, expense tracking, bank reconciliations, financial reporting, and tax compliance like 1099s and profit/loss statements. The platform automates many accounting processes while offering customizable dashboards for real-time insights into portfolio finances.
Pros
- Robust accounting suite with automated rent collection and bank sync
- Real-time financial reports and GAAP-compliant bookkeeping
- Scalable for small to mid-sized portfolios with strong integrations
Cons
- Limited advanced accounting for enterprise-level complexity
- Occasional glitches in mobile app for financial tasks
- Customer support response times can vary
Best For
Small to medium-sized property management companies needing an all-in-one solution with solid accounting automation.
Pricing
Starts at $59/month for up to 50 units (Starter plan), scales to $199+/month for larger portfolios; custom enterprise pricing available.
Propertyware
specializedScalable property management software with integrated accounting for single-family and small multifamily portfolio financials.
Advanced portfolio-level general ledger with automated inter-company eliminations and multi-entity support
Propertyware is a robust property management platform with integrated accounting features tailored for multifamily property operators, offering tools for general ledger management, accounts payable/receivable, bank reconciliations, and financial reporting. It streamlines property-level accounting while supporting portfolio-wide financial oversight, including tax compliance and customizable dashboards. Designed for scalability, it handles complex accounting needs alongside leasing, maintenance, and tenant portals.
Pros
- Comprehensive GAAP-compliant accounting with automated reconciliations
- Customizable financial reports and dashboards for portfolio insights
- Seamless integration with property management workflows
Cons
- Steep learning curve for advanced accounting modules
- Higher pricing suited better for larger portfolios
- Limited flexibility for non-multifamily properties
Best For
Mid-to-large multifamily property management companies requiring integrated, scalable accounting for 500+ units.
Pricing
Custom enterprise pricing, typically $1.50-$3 per unit/month with minimums for smaller portfolios; contact sales for quotes.
Conclusion
The reviewed tools showcase diverse strengths, with AppFolio leading as the top choice for its seamless integration of accounting, rent collection, and reporting. Buildium impresses as a versatile all-in-one solution for invoicing and reconciliation, while Yardi Voyager stands out for enterprise-level complex financial management. Each offers tailored benefits, making the top three ideal for different portfolio needs.
Start with AppFolio to simplify accounting, optimize revenue, and gain real-time financial clarity—an essential tool for efficient property management operations.
Tools Reviewed
All tools were independently evaluated for this comparison