Rental Accounting
Full trust accounting is at the core. With multiple ownership entities and property level reporting, AR/AP, suspense accounts and more!
At the core, RentPost is trust accounting software. Whether you're a single owner, or a professional management company with hundreds of owners - each of your owner accounts maintain their own trust balance.
Full double entry ledgers
Add owner contributions
Make distributions as needed
Set owner trust balance minimums
This is the name of the game. Receivables make up a large part of the RentPost accounting system.
Automatic monthly assessments for rent charges
One click manual payment recording
Add custom charges as needed
Track aged receivables, assess late fees and get 30/60/90 reports
Keep track of your bills to be paid with a dynamic accounts payable module, supporting on-the-fly filtering, quick access editing, associated vendor profiles, exporting options and more. Staying on top of your bills has never been easier!
Having ledgers available across your various entities is hugely helpful in diagnosing any accounting concerns. That's why RentPost bakes these into every profile, directly - accessible from every page, even reports.
Available for both, a set of "management" books, and your "trust" books - setup your chart of accounts with custom numbers, names, groupings and more. You can even decide which receivable accounts are applicable for automated late fee assessments.
Since 2011 we've been working with property managers to ensure RentPost's accounting is not only automating manual tasks, but offering the flexibility to accommodate even rather obscure needs - all without over-complicating things.
Just a few of the many examples...
Assess Late Fees Automatically
Setup custom late fee schedules and sit back while the system adds charges and sends tenant notifications.
Bill Tenants for Custom Charges
RentPost isn't just for rent collection. Bill tenants for anything: utilities, trash fees, laundry - whatever.
Issue Credits
Also known as a concession - ensure your ledgers are truly accurate with proper accounting entries.
Collect Taxes and Surcharge Fees
Taxes and surcharges are calculated at the time of payment, and aren't, therefore, receivables. Setup custom calculations and charge tenants at the time of payment.
Founded in 2009, thousands of property managers have entrusted RentPost to simplify their lives.
RentPost supports manually recoded payments, in addition to Payshift payments, our online payments platform. Use them together to allow online payments from tenants, or manually recorded payments from other sources.
Online Payshift
Payshift, our payments platform, allows you to collect ACH (bank) and credit card payments from your tenants online. Learn more...
Tenants pay $1.50 for ACH (bank) payments or 2.99% for credit cards
Manual Payments
Regardless of the payment source, you can always record payments in RentPost. We support a wide number of payment types for categorization, reference numbers and more.
Whether you have just one operating and escrow account, or separate accounts per property, RentPost has you covered. Add as many accounts as you need - enable them for Payshift, or just keep them disconnected and used for accounting records.