Skip to main content
Oct 19, 2024 11:04 AM UTC
Question

Can I use QuickBooks to run Property Management real estate business please ?

I have a client with hundreds of different buildings. flats, showrooms and other real estate units and he wants manage everything related to this business using QuickBooks from invoicing, collections and operating  

1 reply

Oct 19, 2024 2:05 PM UTC

Yes, QuickBooks can be used to run a property management real estate business,Mahmoud.

 

However, there are certain limitations and guidelines for real estate businesses using QuickBooks. To manage real estate in QuickBooks Online, you can set up a separate business entity for each property or use classes to track income and expenses for each property.

You can take a look at this link for guidance: Get started with class tracking in QuickBooks Online.

 

Should you require assistance while utilizing QuickBooks, please do not hesitate to inform me. I am always available to provide support.