Industries
Property Management

Property management accounting software

Property finance doesn't have to run on spreadsheets and disconnected systems. Bring rent prepayments, service charges and bank reconciliations into one system and let iplicit eliminate the manual work that holds your team back, so you can focus on growing the portfolio.

iplicit group consolidation dashboard showing top company by revenue across multiple companies
Industries
Property Management

Property management accounting software

Property finance doesn't have to run on spreadsheets and disconnected systems. Bring rent prepayments, service charges and bank reconciliations into one system and let iplicit eliminate the manual work that holds your team back, so you can focus on growing the portfolio.

iplicit group consolidation dashboard showing top company by revenue across multiple companies

Why property finance teams choose iplicit

Running multiple offices or schemes often means separate software logins, duplicate data entry and hours of manual reconciliation every month.

• Treating each office as its own legal entity can mean intercompany transactions have to be entered twice by hand. With iplicit, entities, active or dormant, live in one view.

• Rent and service charge apportionments can involve a manual journal adjustment every month. With iplicit, they are spread automatically over the right period.

• Property management accounting software may entail re-entering data across separate platforms, CRM and payment systems. With iplicit, it all connects through open API or iPaaS.

iplicit automations and workflows screenshot showing a list of automated triggers

Built for scale, designed for simplicity

Entry-level accounting software works fine with a small number of entities. But as the organisation grows, finance teams need property management accounting software built for multiple entities.

• Multiple legal entities and varied income streams often force you to consolidate in Excel. iplicit handles it all in one system, so growth doesn't mean more spreadsheets.

• Boards and investors often wait for finance next report. iplicit's live dashboards give them the real-time transparency they expect, without extra work at each month end close.

• Time spent manually processing invoices is time not spent evaluating the next acquisition. Automating the manual work frees finance to focus on where the business is growing.

iplicit automated month end screenshot showing a paid purchase invoice with prepayment schedule

See how iplicit compares.

The difference between your current system and iplicit, side by side.

iplicit
Your current system
Feature Category
Multi-entity reporting
Active and dormant entities consolidate into one login, with live reporting across the group.
Separate logins per entity, consolidated manually across spreadsheets.
Service charges and prepayments
Rent, service charges and subscription prepayments spread automatically over the right period.
A manual journal adjustment every month for every prepayment.
Bank reconciliation
Bank feeds match transactions automatically, ready for your team to review.
Logging into the bank manually to check and reconcile by hand.
Intercompany transactions
Recorded once, with the matching entry posted automatically in the other entity.
Entered twice and reconciled by hand across entities.
Adding a new entity
Plugs into the same consolidated view within days, no new implementation project.
A new setup process, or a separate system, for every acquisition.
Historical data migration
Years of transaction history migrated as part of onboarding.
Move your current system behind without needing a read-only licence.

See how iplicit works for property management

See how iplicit consolidates portfolios, automates service charges and gives real-time visibility across every entity.

iplicit dashboard screenshot showing revenue trend, monthly and product breakdown charts

Solutions for every part of property management

Every portfolio brings its own financial challenges. Here's how iplicit's property management accounting software handles yours.

iplicit for residential sales and lettings

Handle commission splits across sales and lettings teams, track pipeline revenue from offer to completion, and monitor cash flow through lengthy conveyancing cycles. Get instant visibility into branch performance, agent earnings and property transaction status with fully automated reconciliation.

iplicit accounts payable automation screenshot showing a purchase invoice with line items

iplicit for commercial property

Commercial agency work often involves juggling tenant-find fees, lease renewals and landlord commissions alongside property sales. iplicit allows you to track revenue across multiple fee structures, handle client deposits and retentions and maintain clear audit trails, without extended implementation projects.

iplicit fixed assets screenshot showing a depreciation schedule by asset group

iplicit for housing associations

Integrate your housing management system with iplicit via open API, connecting to Civica, MRI and others. Consolidate reporting across entities added through mergers and depreciate fixed assets automatically across large portfolios. Handle VAT exemption correctly and report by scheme, region or home type, without spreadsheets.

iplicit multi-entity hospitality dashboard showing revenue by venue

Everything a property finance team needs in one platform

Redirect your focus from repetitive tasks to strategic portfolio decisions. iplicit provides live insight across all properties, automation that reclaims hours each week and the financial governance your stakeholders demand.

Automated billing for service charges

‍Rent, service charges and sinking funds can be billed and allocated automatically for every scheme, with prepayments spread over the right period and no manual journal adjustment required.

Property-level performance reporting

See performance at individual property, unit or scheme level, or roll it up into one consolidated group view, a depth most property management accounting software doesn't offer. Get the transparency you need, without rebuilding reports by hand.

Purchase ledger automation

Invoices route to the right approver automatically, with configurable workflows and full traceability from invoice to payment. Every transaction comes with a complete audit trail, so month-end closes faster with less manual chasing.

Interactive stakeholder dashboards

Occupancy, arrears, service charge budgets and reporting deadlines all live in one dashboard inside your property management accounting software, filterable and shareable with landlords, investors or boards, instead of a static report nobody opens until it's out of date.

Integrated expenses on web and mobile

Property managers and field teams submit and approve costs from site, on web or mobile, with expenses flowing straight into the ledger. There’s no rekeying and cost allocation stays accurate across every property and scheme.

Multi-entity consolidation

Consolidate any number of entities, active or dormant, from a single scheme to portfolios running 30, 50 or more legal entities, into one live financial view, within the property management accounting software.

"We deal with prepayments for rent and subscriptions. Previously, we'd post an invoice, then make a manual adjustment to the journal each month. Now I tell iplicit how to spread the amount, and over what period."

Jonathan O'Sullivan
Accounts Assistant, Richard James

FAQs

How quickly can a property business go live with iplicit's property management accounting software?

Implementation typically takes weeks rather than months. Data migration, entity setup and service charge configuration are handled as part of onboarding, so property teams start reporting live faster than with traditional ERP systems.

What happens when I add a new entity through an acquisition or merger?

New entities plug straight into the same consolidated view, active or dormant, without a separate login or a new implementation project. Intercompany transactions and eliminations are handled automatically, so growth through acquisition doesn't mean rebuilding your reporting from scratch.

Is iplicit a property management system or does it work alongside one?

iplicit is the finance layer, not the operational one. It connects to the property management platforms, CRM and payment systems you already use through open API or iPaaS, so your team keeps working the way it does while finance gets one consolidated view.

Can I migrate historical data from my current accounting system?

Yes, including several years of transaction history where needed. Data migration is handled as part of onboarding, so property teams can their historical data in a read-only arhcive rather than starting their new property management accounting software with a blank slate.

Want to see iplicit in action?

Book your demo to see how iplicit's property management accounting software simplifies operations across residential and commercial portfolios by automating manual processes and giving real-time visibility, wherever you work.