Yardi never mentioned it to me. To the contrary, they tout their accounting module as being best in class.
Never heard of a Property management company that has a standalone accounting software.
Exactly. Having to manage dozens of QuickBooks files in addition the the management software is crazy.
Surprising that they recommend it. People with many LLCs use it with QB?
I guess I'm not being clear. How do you set up the actual operating expenses of the company? Not the properties. Yardi when I used it wasn't equipped for that. Current software also isn't. We would set it up as a building, and it was fine, but not technically correct.
With regards to the accounting stuff, it's always been done by an accountant, so there was never a need to look into it, and my understanding is that it wouldn't be considered part of a property management suite.
But I only meant one QB file for the office. Not one for each llc or building
ETA: I just reread CBC's original post - I totally had misunderstood. Why not add GL Line items for what you need? it doesn't let you do that? AFAIK all prop mgmt software has that as a basic. And you should be able to upload bulk JE as a csv file if needed. Sorry for adding to the confusion I read too fast.