Our accounting module is similar to other accounting systems like Quickbook or Web. However, it is more customized for the property management industry. Everything in the portal MUST tie to a property. Optionally you can tie an income or expense to a unit.
So, to manage your accounting not related to property management business such us office employee salary, income or expenses, you can create a dummy property such as ‘Office Property’. You can give any name you like. Once you create a property, the system automatically creates an operating account that you can change at any time.
Now, you can log income and expenses to that operating account tied to the ‘Office Property’. You can utilize the budgeting and reconciliation features as well for this property.
Learn more here