Streamline Your Property Accounting, Finances and Document Management
Our innovative app and web portal seamlessly collate and compile data from settlement statements, depreciation schedules, bank loan details, monthly rental statements and directly paid expenses—all in one place.
Compare traditional manual methods with our real-time, automated solution to unlock powerful insights and spend more time analysing reports, not capturing data.
Settlement Statement
Maximize Deductions with Your Settlement Statement!
Understanding and maximizing your Settlement Statement key for maximizing deductions. Don't let overlooked expenses cost you - The Property Accountant makes it effortless!
Settlement Statement shows the final amount a buyer pays to complete a transaction, including the price, government fees, legal costs, loan expenses and property adjustments.
Statement of Adjustments splits ongoing costs between the buyer and seller based on the settlement date. If the seller has prepaid expenses like council rates, the buyer reimburses their share.
Property costs are either Capital costs (purchase price, stamp duty, title registration, legal fees) or Revenue costs (body corporate fees, water rates, council rates).
Why Matters
Settlement documents include fully tax-deductible expenses.
Manually tracking property costs base? Too much work!
Just email your statement—we handle the rest!
Missed deductions = lost tax refunds!
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually finding expenses is time-consuming and error-prone | Simply email your settlement—we handle the rest! |
Investors often overlook tax-deductible settlement costs. | We automatically add deductible expenses like council rates, water rates, strata fees and land tax to your annual tax financials. |
CGT calculations get complicated when selling. | We track all capital expenses for accurate CGT calculations when selling. |
Missed deductions = higher tax payments | No missed deductions means lower tax liability |
Depreciation
Simplify Depreciation & Maximize Savings!
At the time of purchase or new construction, investors get a depreciation schedule, which calculates how much can be claimed each year. This is done using one of two methods: Prime Cost or Diminishing Value, chosen by the investor.
When selling, depreciation must be adjusted for the partial year and without proper tracking, managing these calculations manually can be time-consuming, complex and prone to costly mistakes.
Why Matters
Simply email your Depreciation Schedule and we automatically update your depreciation every year.
Easily add new assets—just enter the cost and the platform generates a new depreciation schedule in a few clicks.
Just email your statement—we handle the rest!
Missed deductions = lost tax refunds!
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking depreciation requires finding last year's schedule, checking the method (Diminishing Value or Prime Cost) and calculating amounts | Simply email your Depreciation Schedule and we automatically add depreciation into your chart. |
Tracking new equipment or capital improvements is complicated and requires separate calculations. | Easily add new assets—just enter the cost and the platform generates a new depreciation schedule in a few clicks. |
Selling mid-year? You must manually adjust for part-year depreciation and deduct all past claims from your cost base. | We automatically calculate part-year depreciation and adjust your Capital Gains Tax (CGT) cost base. |
Spreadsheets and manual tracking are time-consuming and prone to errors. | No spreadsheets, no hassle—quick, accurate depreciation with automated tax-ready updates. |
Directly Paid Expenses
Effortless Expense Tracking—No More Spreadsheets!
Manually tracking directly paid expenses like land tax, insurance and capital improvements is time-consuming and error-prone. The Property Accountant simplifies it all in one place!
Property managers cover most property-related costs using rental income, but some expenses are paid directly by investors. These include land tax, insurance, capital improvements and new equipment.
Traditionally, investors track these expenses manually in Excel and store invoices separately in online folders. This time-consuming process increases the risk of errors, missed deductions and higher tax payments.
Properly recording these costs along with supporting invoices is essential to maximize tax benefits, maintain accurate financial records and provide support if ATO queries in the future
Why Matters
No more spreadsheets or manually tracking invoices
Scan or upload invoices in just a few taps.
Automatic classification into capital or revenue expenses.
All expenses in one place—easily generate reports with a click.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking expenses in spreadsheets is error-prone. | Simply upload or email your expense receipts—we handle the rest! |
Finding and organizing receipts is time-consuming. | Automatic categorization of expenses according to ATO guidelines |
Risk of missing deductible expenses without a proper system. | All expenses are securely stored with invoices attached |
Difficult to categorize expenses correctly for tax purposes. | No spreadsheets, no hassle—all expense data in one place |
Bank Loans & Fees
Automate Loan Tracking & Maximize Deductions!
Manually tracking loan interest, fees and charges leads to missed deductions. The Property Accountant automates it all—no spreadsheets, no errors! Property investors incur loan-related costs, including interest, fees and charges.
While interest is usually tracked, other fees like loan set-up costs, annual package fees and exit fees are often missed, leading to lost deductions.
Using funds from an owner-occupied property—through a current loan or a new equity/top-up loan—to finance an investment makes the interest, fees and charges tax-deductible. However, manually allocating interest and fees can be complex, especially when one equity loan funds multiple properties and withdrawals happen at different times.
Why Matters
Secure open banking connection—no passwords needed
Auto-records and classifies expenses per ATO guidelines.
Allocate interest across multiple loans or properties
View all loan details in one place for tax visibility and tracking
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
No direct bank integration, requiring manual calculation for interest, fees and charges. | Connects live bank feeds, ensuring all interest costs, fees and charges are automatically updated and recorded. |
Only records annual interest and often misses extra fees. | Automatically captures every interest cost, fee and charge in real time. |
Manual tracking misses fees like LMI or annual package fees. | Accurately categorizes all fees and chargesper ATO guidelines. |
Equity loan interest must be manually allocated, making it difficult to track deductions, especially when funds are used for multiple properties. | Seamlessly tracks equity loan interest and charges, allowing accurate allocation across multiple properties. |
Monthly Rental Statement
Stay on Top of Your Monthly Rental Summary
Manually tracking rental income and expenses can lead to missed deductions, errors and delayed decisions. The Property Accountant automates it for real-time insights
A monthly rental statement is a financial summary that shows rental income, expenses and other costs for a property each month. It gives property investors a clear, up-to-date view of their cash flow, helping them track performance and make better financial decisions.
Unlike annual summaries, which only provide a historical view, monthly statements help investors spot trends, catch discrepancies and address issues early. This leads to better financial planning, timely adjustments and smoother property management.
Regularly reviewing these statements allows investors to monitor income, expenses and loan balances, ensuring they can optimize cash flow and keep their investments profitable.
Why Matters
Advise your property manager to email the monthly rental statement to us.
No manual tracking—all income and expenses are accurately recorded.
Get real-time insights into net income and expenses
Stay in control with continuous monitoring of your rental performance.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manual tracking of monthly statements in spreadsheets is time-consuming. | Simply forward your monthly rental statement via email |
Delays in recording rental data can lead to missed deductions. | Automated tracking of all income and expenses from your property manager |
Difficult to spot trends or issues without real-time tracking. | Real-time insights into property performance and cash flow |
Scattered rental statements make tax time preparation complex. | All rental data automatically included in your tax financials |
Collaboration With Tax Accountants
Work Seamlessly with Your Tax Accountant!
Gathering financial data for tax filing is overwhelming and error-prone. The Property Accountant streamlines collaboration with your tax accountant, eliminating delays and missed deductions.
Investors typically need to gather rental income, expenses and costs from various document sources, including settlement statements, depreciation schedules, rental statements, bank loan accounts and directly paid expenses. These records are often scattered across spreadsheets, emails and online folders, making tax preparation overwhelming.
Tax season often means constant back-and-forth communication between investors and tax accountants—endless emails, requests for missing invoices and manually compiling financial data from different sources. This disorganized process leads to delays, errors and missed deductions, making tax filing more stressful and time-consuming than it should be.
Why Matters
All financial data is streamlined and simplified—making tax time quick and hassle-free.
Grant direct access to all property-related financials—no more chasing documents.
Eliminate back-and-forth emails—all income, expenses and reports are stored in one place.
Check for missing expenses or anomalies with simple audit controls and checks.
Generate tax-ready reports and working papers in a few clicks for hassle-free tax finalisation.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Endless emails and document requests between investors and tax accountants. | Grant direct access to your accountant, eliminating document requests. |
Scattered financial records across emails, spreadsheets, and folders. | All income, expenses and financials are stored in one place for easy access. |
Manually tracking expenses increases the risk of errors and missed deductions. | Built-in audit checks help detect missing expenses and discrepancies before tax filing. |
Manually compiling reports for tax filing is time-consuming. | Generate tax-ready reports and working papers in a few clicks for hassle-free tax finalization. |
Collaboration With Mortgage Brokers
Work Smarter with Your Mortgage Broker!
Tracking loans and securing better rates shouldn't be a hassle. The Property Accountant keeps all loan details in one place, giving brokers the insights they need to secure the best deals for you.
Interest, bank fees and charges are the biggest costs of property ownership. Even a 0.3% interest rate difference on a $1M loan can mean a $3,000 annual impact—yet many investors miss opportunities to secure better rates.
There are always more competitive rates available and banks regularly reprice loans for proactive investors and brokers to retain business. However, banks never lower rates automatically—someone must request it.
Applying for a new loan or refinancing requires updated loan details, statements and property documents. Gathering this information manually takes time and involves endless emails with brokers.
Why Matters
All loan details in one place—no more manual tracking or scattered documents.
Grant real-time access to your loan details and interest rates.
Real-time loan insights help brokers keep your loan on the best deals at all times.
Brokers can instantly access loan reports and statements for repricing, refinancing, or new loan applications.
Eliminate back-and-forth emails and information sharing, making the process seamless.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking loans across multiple banks and scattered documents. | All loan details across multiple loans are centralized in one place for easy access |
Constant back-and-forth emails with brokers for loan details and updates. | Direct real-time access to brokers eliminating unnecessary emails |
Limited visibility into loan performance and refinancing opportunities. | Real-time loan insights help brokers secure the best deals for a refinance or new loan |
Manually collating loan reports and statements for repricing or new applications. | Brokers can instantly access loan reports and statements for reporting, refinancing, or new loan applications |
Settlement Statement
Maximize Deductions with Your Settlement Statement!
Understanding and maximizing your Settlement Statement key for maximizing deductions. Don't let overlooked expenses cost you - The Property Accountant makes it effortless!
Settlement Statement shows the final amount a buyer pays to complete a transaction, including the price, government fees, legal costs, loan expenses and property adjustments.
Statement of Adjustments splits ongoing costs between the buyer and seller based on the settlement date. If the seller has prepaid expenses like council rates, the buyer reimburses their share.
Property costs are either Capital costs (purchase price, stamp duty, title registration, legal fees) or Revenue costs (body corporate fees, water rates, council rates).
Why Matters
Settlement documents include fully tax-deductible expenses.
Manually tracking property costs base? Too much work!
Just email your statement—we handle the rest!
Missed deductions = lost tax refunds!
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually finding expenses is time-consuming and error-prone | Simply email your settlement—we handle the rest! |
Investors often overlook tax-deductible settlement costs. | We automatically add deductible expenses like council rates, water rates, strata fees and land tax to your annual tax financials. |
CGT calculations get complicated when selling. | We track all capital expenses for accurate CGT calculations when selling. |
Missed deductions = higher tax payments | No missed deductions means lower tax liability |
Depreciation
Simplify Depreciation & Maximize Savings!
At the time of purchase or new construction, investors get a depreciation schedule, which calculates how much can be claimed each year. This is done using one of two methods: Prime Cost or Diminishing Value, chosen by the investor.
When selling, depreciation must be adjusted for the partial year and without proper tracking, managing these calculations manually can be time-consuming, complex and prone to costly mistakes.
Why Matters
Simply email your Depreciation Schedule and we automatically update your depreciation every year.
Easily add new assets—just enter the cost and the platform generates a new depreciation schedule in a few clicks.
Just email your statement—we handle the rest!
Missed deductions = lost tax refunds!
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking depreciation requires finding last year's schedule, checking the method (Diminishing Value or Prime Cost) and calculating amounts | Simply email your Depreciation Schedule and we automatically add depreciation into your chart. |
Tracking new equipment or capital improvements is complicated and requires separate calculations. | Easily add new assets—just enter the cost and the platform generates a new depreciation schedule in a few clicks. |
Selling mid-year? You must manually adjust for part-year depreciation and deduct all past claims from your cost base. | We automatically calculate part-year depreciation and adjust your Capital Gains Tax (CGT) cost base. |
Spreadsheets and manual tracking are time-consuming and prone to errors. | No spreadsheets, no hassle—quick, accurate depreciation with automated tax-ready updates. |
Directly Paid Expenses
Effortless Expense Tracking—No More Spreadsheets!
Manually tracking directly paid expenses like land tax, insurance and capital improvements is time-consuming and error-prone. The Property Accountant simplifies it all in one place!
Property managers cover most property-related costs using rental income, but some expenses are paid directly by investors. These include land tax, insurance, capital improvements and new equipment.
Traditionally, investors track these expenses manually in Excel and store invoices separately in online folders. This time-consuming process increases the risk of errors, missed deductions and higher tax payments.
Properly recording these costs along with supporting invoices is essential to maximize tax benefits, maintain accurate financial records and provide support if ATO queries in the future
Why Matters
No more spreadsheets or manually tracking invoices
Scan or upload invoices in just a few taps.
Automatic classification into capital or revenue expenses.
All expenses in one place—easily generate reports with a click.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking expenses in spreadsheets is error-prone. | Simply upload or email your expense receipts—we handle the rest! |
Finding and organizing receipts is time-consuming. | Automatic categorization of expenses according to ATO guidelines |
Risk of missing deductible expenses without a proper system. | All expenses are securely stored with invoices attached |
Difficult to categorize expenses correctly for tax purposes. | No spreadsheets, no hassle—all expense data in one place |
Bank Loans & Fees
Automate Loan Tracking & Maximize Deductions!
Manually tracking loan interest, fees and charges leads to missed deductions. The Property Accountant automates it all—no spreadsheets, no errors! Property investors incur loan-related costs, including interest, fees and charges.
While interest is usually tracked, other fees like loan set-up costs, annual package fees and exit fees are often missed, leading to lost deductions.
Using funds from an owner-occupied property—through a current loan or a new equity/top-up loan—to finance an investment makes the interest, fees and charges tax-deductible. However, manually allocating interest and fees can be complex, especially when one equity loan funds multiple properties and withdrawals happen at different times.
Why Matters
Secure open banking connection—no passwords needed
Auto-records and classifies expenses per ATO guidelines.
Allocate interest across multiple loans or properties
View all loan details in one place for tax visibility and tracking
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
No direct bank integration, requiring manual calculation for interest, fees and charges. | Connects live bank feeds, ensuring all interest costs, fees and charges are automatically updated and recorded. |
Only records annual interest and often misses extra fees. | Automatically captures every interest cost, fee and charge in real time. |
Manual tracking misses fees like LMI or annual package fees. | Accurately categorizes all fees and chargesper ATO guidelines. |
Equity loan interest must be manually allocated, making it difficult to track deductions, especially when funds are used for multiple properties. | Seamlessly tracks equity loan interest and charges, allowing accurate allocation across multiple properties. |
Monthly Rental Statement
Stay on Top of Your Monthly Rental Summary
Manually tracking rental income and expenses can lead to missed deductions, errors and delayed decisions. The Property Accountant automates it for real-time insights
A monthly rental statement is a financial summary that shows rental income, expenses and other costs for a property each month. It gives property investors a clear, up-to-date view of their cash flow, helping them track performance and make better financial decisions.
Unlike annual summaries, which only provide a historical view, monthly statements help investors spot trends, catch discrepancies and address issues early. This leads to better financial planning, timely adjustments and smoother property management.
Regularly reviewing these statements allows investors to monitor income, expenses and loan balances, ensuring they can optimize cash flow and keep their investments profitable.
Why Matters
Advise your property manager to email the monthly rental statement to us.
No manual tracking—all income and expenses are accurately recorded.
Get real-time insights into net income and expenses
Stay in control with continuous monitoring of your rental performance.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manual tracking of monthly statements in spreadsheets is time-consuming. | Simply forward your monthly rental statement via email |
Delays in recording rental data can lead to missed deductions. | Automated tracking of all income and expenses from your property manager |
Difficult to spot trends or issues without real-time tracking. | Real-time insights into property performance and cash flow |
Scattered rental statements make tax time preparation complex. | All rental data automatically included in your tax financials |
Collaboration With Tax Accountants
Work Seamlessly with Your Tax Accountant!
Gathering financial data for tax filing is overwhelming and error-prone. The Property Accountant streamlines collaboration with your tax accountant, eliminating delays and missed deductions.
Investors typically need to gather rental income, expenses and costs from various document sources, including settlement statements, depreciation schedules, rental statements, bank loan accounts and directly paid expenses. These records are often scattered across spreadsheets, emails and online folders, making tax preparation overwhelming.
Tax season often means constant back-and-forth communication between investors and tax accountants—endless emails, requests for missing invoices and manually compiling financial data from different sources. This disorganized process leads to delays, errors and missed deductions, making tax filing more stressful and time-consuming than it should be.
Why Matters
All financial data is streamlined and simplified—making tax time quick and hassle-free.
Grant direct access to all property-related financials—no more chasing documents.
Eliminate back-and-forth emails—all income, expenses and reports are stored in one place.
Check for missing expenses or anomalies with simple audit controls and checks.
Generate tax-ready reports and working papers in a few clicks for hassle-free tax finalisation.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Endless emails and document requests between investors and tax accountants. | Grant direct access to your accountant, eliminating document requests. |
Scattered financial records across emails, spreadsheets, and folders. | All income, expenses and financials are stored in one place for easy access. |
Manually tracking expenses increases the risk of errors and missed deductions. | Built-in audit checks help detect missing expenses and discrepancies before tax filing. |
Manually compiling reports for tax filing is time-consuming. | Generate tax-ready reports and working papers in a few clicks for hassle-free tax finalization. |
Collaboration With Mortgage Brokers
Work Smarter with Your Mortgage Broker!
Tracking loans and securing better rates shouldn't be a hassle. The Property Accountant keeps all loan details in one place, giving brokers the insights they need to secure the best deals for you.
Interest, bank fees and charges are the biggest costs of property ownership. Even a 0.3% interest rate difference on a $1M loan can mean a $3,000 annual impact—yet many investors miss opportunities to secure better rates.
There are always more competitive rates available and banks regularly reprice loans for proactive investors and brokers to retain business. However, banks never lower rates automatically—someone must request it.
Applying for a new loan or refinancing requires updated loan details, statements and property documents. Gathering this information manually takes time and involves endless emails with brokers.
Why Matters
All loan details in one place—no more manual tracking or scattered documents.
Grant real-time access to your loan details and interest rates.
Real-time loan insights help brokers keep your loan on the best deals at all times.
Brokers can instantly access loan reports and statements for repricing, refinancing, or new loan applications.
Eliminate back-and-forth emails and information sharing, making the process seamless.
Understand the difference Now Vs With Us
Now | With The Property Accountant |
---|---|
Manually tracking loans across multiple banks and scattered documents. | All loan details across multiple loans are centralized in one place for easy access |
Constant back-and-forth emails with brokers for loan details and updates. | Direct real-time access to brokers eliminating unnecessary emails |
Limited visibility into loan performance and refinancing opportunities. | Real-time loan insights help brokers secure the best deals for a refinance or new loan |
Manually collating loan reports and statements for repricing or new applications. | Brokers can instantly access loan reports and statements for reporting, refinancing, or new loan applications |
Begin Your Digital Transformation
Take the first step towards streamlining your property accounting, finances and document management with our AI-powered tools.