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New accounting features in Rentec Direct's property management software streamline accounting tasks and eliminate the need for external platforms.

GRANTS PASS, Ore., Sept. 24, 2024 /PRNewswire-PRWeb/ -- , the award-winning property management software, is proud to introduce new full accounting features designed to simplify financial management for landlords and property managers. These updates include enhanced tools for managing assets, liabilities, and equity, providing clients with a comprehensive accounting system that removes the need for third-party platforms like popular accounting software programs.

The new accounting tools will be immediately available to all Rentec Direct clients, offering clients seamless access to a broader range of financial management options without additional costs.

With the inclusion of Assets, Liabilities, and Equity, property managers can now manage their portfolio's finances with more accuracy and detail, facilitating easier reporting and tax preparation.

"Our development team has worked tirelessly to deliver a feature our clients have long requested," says Nathan Miller, founder and President of Rentec Direct. "The new full accounting functionality allows property managers and landlords to handle all their financial needs within Rentec Direct, streamlining operations and eliminating the need for multiple platforms."

Landlords and property managers can now benefit from enhanced features such as:

• Managing assets, liabilities, and equity accounts
• Automated journal entries and strict accounting rules to prevent mistakes
• Expanded options for reporting, including balance sheets and discrepancy reports

This update represents a significant enhancement to Rentec Direct's financial capabilities, ensuring clients can confidently manage their property portfolios.

To learn more about Rentec Direct's new accounting tools, visit:

About Rentec Direct:
Rentec Direct provides industry-leading property management software and tenant screening solutions for real estate professionals. Key features include online rent payments, tenant and owner portals, vacancy listing syndication, accounting tools, and tenant background reports. Founded in 2007, Rentec Direct is the third-largest software in its sector and is consistently the highest-rated by investors, landlords, and property managers. Recognized on the Inc. 5000 list of fastest-growing private companies for eight consecutive years, Rentec Direct was also named Real Estate Company of the Year in the 2024 American Business Awards and listed among the U.S. Chamber of Commerce's Top 100 Small Businesses.

Media Contact

Brentnie Daggett, Rentec Direct, 5412166000, [email protected],  

SOURCE Rentec Direct