Best Online Accounting Software for Real Estate Agents

Features

Online accounting solutions not only make the accounting process less of a hassle, but they also come with various features, most of which are mandatory in the real estate business. Here are some of those features:

Quotes

With the quoting feature you can easily provide your clients an estimated price of the real estate and you can even forward that estimate to the potential client for consideration. Furthermore, if the client accepts your offer, you can easily turn the quote into a full-fledged invoice with the sales contract or other agreement attached to it.

Inventory

Although this feature is good for storing your services with their respective prices, it is also a suitable to for keeping track of real estate transactions. This way you can easily create an invoice for your services based on an earlier quote or a contract closed with the client.

Mobility

Probably one of the best and most handy features of any online accounting software is that you can access all necessary information from an app, whether it’s to check your bank transactions, create an invoice/estimate, record expenses, or update a client’s contact info.

Payroll

Reports

The cloud accounting solution is capable of creating your business reports based on what you enter into the software with minimal manual input. In fact, you just have to provide access to your books to your accountant who, after a quick checking, can simply validate your books.

Integrating other software and services

Nowadays everything – including invoicing, expense management, tax filing, payroll, document storing etc. – has its own dedicated solution. Since online accounting programs are intended to replace as much of the above software as possible, many fear that they have to get rid of their old solutions. However, those fears are completely unjustified: accounting companies always offer and support an API, meaning that online accounting solutions can integrate with hundreds of different third-party applications. Whether it’s CRM, time tracking tools, payroll software or solutions for invoicing, expense, project and document management, your new accounting software will definitely have a way to make it part of an advanced cloud environment.

Gusto, the online payroll management software that can deal with all government payroll taxes, compliance, and filings, is such a third-party app, but we can also mention more obvious solutions like PayPal. You can also integrate full-on applications like Tradify which can manage virtually everything like quoting, invoicing, job scheduling, timesheets and even GPS tracking. Moreover, you can integrate Google Apps like Drive and Gmail or even the powerhouse that is Microsoft Office in your accounting solution for managing complete contact lists, staying in touch with your customers and co-workers and storing valuable documents.

Online accounting solutions recommended for you

Since the real estate business is about making the best deals possible, it is only appropriate to present you the best deals of the online accounting solution market which have all of the solutions we listed above and more. But no matter whether you pick Xero or QuickBooks Online, it is guaranteed you will be satisfied.