Managing rental properties can be a challenging task, especially when it comes to tracking expenses, collecting rent, and keeping financial records organized. This is where a reliable accounting software can make all the difference. With so many options available in the market, it can be tough to choose the right one for your needs. However, one software that stands out as the best in the business is Oownee.
- What is Oownee?
Oownee is a cloud-based accounting software designed specifically for rental property owners and managers. It streamlines property management by offering a comprehensive suite of tools to track financial transactions, generate reports, and automate repetitive tasks. Oownee is trusted by property owners and managers worldwide due to its robust features, easy-to-use interface, and exceptional customer support.
Why is Oownee the Best Accounting Software for Rental Property?
- Automated Bookkeeping Oownee automates bookkeeping by automatically syncing with your bank account and credit cards. This means that your transactions are recorded in real-time, and you don’t have to spend hours manually entering data. Oownee also categorizes transactions according to their type, making it easy to track income and expenses accurately.
- Rent Collection and Late Fee Management Oownee’s rent collection feature allows you to collect rent online, automate late fees, and send rent reminders to tenants automatically. You can also set up automatic payments for recurring expenses such as mortgages, utilities, and insurance premiums.
- Financial Reporting Oownee generates financial reports such as income statements, balance sheets, and cash flow statements. These reports provide you with a comprehensive overview of your rental property’s financial health, making it easier to make informed decisions.
- Tenant Management Oownee’s tenant management feature allows you to keep track of tenant information such as lease agreements, contact information, and rent payment history. You can also generate reports to track rent payments, delinquencies, and vacancies.
- Easy-to-Use Interface Oownee’s user-friendly interface makes it easy to navigate and perform tasks quickly. The software is designed to simplify property management and eliminate manual processes.
- Customer Support Oownee offers exceptional customer support via email, phone, and live chat. Their support team is knowledgeable and responsive, ensuring that any issues or questions are resolved promptly.