Written by 7:58 am Software Tips & Advice

Accounting Software for Real Estate & Property Managers

Accounting Software for Real Estate and Property Managers – QuickBooks Premier For Property Brokerage Business & Developers In Nigeria Kenya Ghana

Real Estate, Property development, and management cover the processes involved in buying, flipping and selling a property on behalf of a client.

In places like Nigeria, Kenya, and Ghana, we see real estate companies managing properties at several locations and  as well ensure that all tenants occupying them are accurately tracked financially.

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For over 5 years, we have implemented QuickBooks and Sage 50 for several companies under Retail, Manufacturing, Oil & Gas, Real Estate & Construction, Travels, Hospitality,Legal, Co-operatives, NGOs, Financial & Service Sectors.
  • Mbaire Services Nigeria Ltd(Construction)
  • Chisco Transport Limited(Transport)
  • Lounge38(Hotel and Bars)
  • CTRL System Technologies Limited(Procurements)
  • Aristokrat 360 Limited(Creative & Media Agency)
  • Alpha Pharmacy (Health Care & Supermarket)
  • Ericsson Nigeria Multipurpose Co-operative Society (Co-operatives)
  • Fastanet Limited (ICT and Security)
  • Britanic Maritime (Maritime Service)
  • CEO Business Limited (Salary Advance, Credit Finance and Loan)
  • OneHealth Pharmacy (Health Care)
  • Widdi Pharmacy (Health Care)
  • Olpharm Pharmacy (Health Care & Distributor)
  • Hawkes Legal(Legal)
  • Kantessa Limited(Fashion Store)
  • OPI Nigeria International Limited (Oil & Gas Servicing)
  • Zenilum Company Limited (Oil & Gas Servicing)
  • Extol Security Services Limited (Security and Guard Services)
  • Lilygate Hotel(Hospitality)
  • Benstel Nigeria Limited(Bottle Water Production & Distribution)
  • Paraclete Nigeria Limited (Bottle Water Production & Distribution)
  • Lakia Construction Limited (Real Estate Development)
  • Josien Holdings Limited(Distribution)
  • Aisha Buhari Foundation (Futured Assured)(NGO)
  • Doheney HR Services(HR)
  • Insights Limited(Health Consultant)
  • Biddel Oil & Gas Limited (Oil & Gas)
  • System Intelligenz Limited(Contractor)
  • MagTech Information Security (IT)
  • Infusion Cakes Nigeria (Bakery)
  • SCERA Nigeria (NGO)
  • M.D School (Private School)
  • Travel Options (Travels)
  • Logos Travel Support & Solutions Ltd (Travels)
  • Melcurt Nigeria Limited (Oil and Gas Engineering and Pipeline Construction)
  • Starlight Nigeria (Retail)
  • Temple Private School (Education)
  • Value Mart Supermarket (Retail)
  • Transweb Bureau De Change (Financial Service)
  • Vektro Food Limited (Manufacturing & Retails)
  • Orient Petroleum PLC (Oil & Gas)
  • Plus More

The big question now is how do you keep your books with the right accounting software to ensure proper reporting and accountability?

This roundup focuses on what an accounting solution customized for real estate industry should deliver before selecting one.

Contact Us: info@accountingsoftware.com.ng

  • The software should track different properties under your custody.
  • You should able to assign a location to each property under your custody.
  • The software should also track tenants in each of this location with their transaction details like amount payable as rent, the amount paid, outstanding balances, generate invoice and tenants statements.
  • The software should track all expenses incurred on a particular property and overall company’s property-related expenses like legal fee, advert cost, and maintenance.
  • The software should also calculate all commission earned as income on every property transaction after calculating property cost, landlord’s share and related transaction expenses.
  • The software should also track bank balances, capture all cash inflow and outflow from your bank and reconcile any difference at the end of the month.
  • A report that captures all income earned from property transactions is very vital for management decision and trend analysis.
  • The software should generate all financial report of a company.
  • VAT on property sold and Withholding Tax is vital deductions, the software should track and report accurately.

Find our how deployed QuickBooks software for clients in the business of real estate sales and development

While these are some of the basic deliverables of accounting software customized for real estate and property managers, you can connect with our support center for more questions and implementation services.

Email: info@accountingsoftware.com.ng

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Last modified: March 24, 2021