Tenant Ledger is a cloud-based accounting and lease management system designed to assist property managers through features including an owner portal, payment processing, file attachments, knowledge base, work order tracking, financial reporting, check printing, delinquency tracking, and more.
Property managers can use the Tenant Ledger platform to streamline the rent collection process, by sending automated due date reminders to tenants and accepting rental payments online. A centralized dashboard displays tenants' delinquency status, operations-based statistics, tenant rent histories, consolidated revenues, and net income. Accountants can use the system to manage bank deposits, bank reconciliation, expenses, and check printing.
Tenant Ledger comes with a lease management feature which allows teams to track rent payments, schedule rent increases, manage vacancies, and calculate late payment charges. The maintenance management tool lets supervisors assign tasks to workers, add descriptions for tenant issues, track work completion status, and manage external vendors. Managers can also generate and print financial and management reports to gain insight into operations.