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Scale effortlessly with multi-entity, multi-tenant finance software.
Empower your property accounting team
Dan Berry, Business Development Manager at Xledger, outlines how Xledger supports property management finance teams.
- Simple, scalable deployment of Special Purpose Vehicles (SPVs).
- Real-time, flexible group consolidation: Inherited rules, registers, and dimensions.
- Built-in fixed asset registers linking to the General Ledger.
- Real-time insight across multiple entities, projects, and SPVs.
- End-to-end automated accounting processes.
- Robust integrations with specialised property management software.
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What is property management accounting software?
Property management accounting software is designed to equip evolving property management firms with the tools to manage large portfolios, control spending, and increase cash flow.
Xledger’s accounting software for property management is built for complex group reporting, allowing finance leaders to support the wider business with a live, consolidated view of the group all the way down to individual entities, properties, and transactions.
“The software has saved us a very precious commodity, time. It has also enabled us to provide superior data to stakeholders within the business and, at the click of a button, enable them to see what makes up the figures that are being interrogated. It has been a collaborative relationship. Xledger helped us get to where we need to be.”
Lee Warby, Assistant Financial Controller
Andrews
Multi-entity & group reporting
Easily manage and consolidate data across multiple entities and SPVs in real time, ensuring a complete view of group portfolio performance. With numerous projects and SPVs to manage, you can budget, forecast and report at entity level before consolidating into the group view.
Project accounting
Decipher complex revenue streams with confidence using Xledger’s purpose-built project accounting module. Compare precise budgets versus actuals and gain full control of your entire portfolio’s cash flow.
Simple and scalable SPV management
Deploy new SPVs, projects, and entities in a few clicks without lengthy setup — new entities follow the same rules and configuration as the group company, simplifying consolidation and group control.
Complete control and compliance
Stay compliant with the latest regulations from HMRC, including Making Tax Digital (MTD). Leverage automated accounts preparation for year-end processes alongside full, traceable audit trails.
Why property management firms choose Xledger
Simplify group consolidation, empower asset managers and budget holders with real-time insights, and monitor project performance easily.
FAQs
The best property management accounting software depends on the size, structure, and complexity of your organisation. Growing property management firms should look for software that supports multi-entity accounting, automated group consolidation, and real-time group reporting. Additional key features include configurable workflows, seamless integrations with specialist property management systems, and software that scales as properties and entities are added without significantly increasing manual accounting tasks.
Property management accounting software supports property firms by automatically reconciling and consolidating data across the group into a single, comprehensive view, without excessive manual effort. By automating numerous time-consuming tasks, such as intercompany transactions and eliminations, property finance teams have more time to perform value-added analysis, drilling into consolidated group reports, individual entities, projects, and even transactions.
Property portfolio reporting becomes much easier when supported by multi-entity accounting software. Property management firms can report across multiple legal entities while also maintaining a detailed view of each individual entity or property. As a result, property finance functions can consolidate group, entity, and project performance, and analyse across different reporting dimensions within a single finance solution.
If your property management finance team is heavily reliant on spreadsheet-based reporting and manual processes, then it may be time to consider moving to modern cloud-based accounting software. Often, a limited real-time view of your property portfolio, a lack of group financial control, disconnected or poorly integrated systems, and difficulty setting up and maintaining new entities or SPVs are all common signs that your property management firm needs to replace its current accounting software.
The cost of property management accounting software depends on your organisation’s size, group structures, number of users, transaction volume, functionality requirements, and integration needs. Check out our indicative pricing for more information. If you’re interested in learning about how Xledger can support you, book your free demo, tailored to your property management firm.
Property management accounting software allows property finance functions to strengthen several processes directly relating to RICS. Automated and full audit trails improve compliance; real-time financial reports increase reporting accuracy and transparency; robust processes and segregation of duties support stronger governance and group control.
Customer story
Pioneer Property Group
Pioneer Property Group is a Norwegian company specialising in investments with a real-estate focus, with its portfolio consisting of preschools, hotels, retail, offices, and property development. As the organisation grew, it recognised the need to make important accounting tasks easy.
Webinar
Streamlining Multi-Entity Finance in Property Management
This webinar covers:
- Why legacy finance systems struggle with complex property portfolios
- How to simplify intercompany transactions without reconciliation errors
- What scalable financial architecture looks like for property management organisations
- Maintaining control across multiple ledgers and property reports
- A real‑world example of transforming multi‑entity finance operations for accuracy and scalability
Article
Avoiding the “Zombie” Risk with Property Accounting Software
According to BDO, one in six UK mid-market organisations is at risk of becoming a “zombie” company, generating enough cash to operate, but not enough to invest or grow. [1] As property management firms navigate portfolio and compliance complexity, how can they avoid this risk and scale sustainably?
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