Rent manager is software to - rather predictably - keep rental accounts. See
http://www.cashflow-manager.com.au/Products/RentManager.aspx#147075-price
Note the interesting claims that it "removes the fear of Capital Gains Tax" and "also increase your wealth." (sic)
At present I have a spreadsheet that does much the same thing. The invoices and other records are entered as they happen, with totals going to a master page for each property. These master pages show property expenses in the form that the ATO uses, like D advertising to V Sundry rental expenses.
My tax person has suggested Rent manager, but the website shows that the software is sold by accountants, so I wonder if there is an ulterior motive.
The spreadsheet has worked for decades, surviving changes in operating systems, software, tax law and the portfolio. Why do I need Rent Manager, especially as I still need the spreadsheet for shares?
Any views?
http://www.cashflow-manager.com.au/Products/RentManager.aspx#147075-price
Note the interesting claims that it "removes the fear of Capital Gains Tax" and "also increase your wealth." (sic)
At present I have a spreadsheet that does much the same thing. The invoices and other records are entered as they happen, with totals going to a master page for each property. These master pages show property expenses in the form that the ATO uses, like D advertising to V Sundry rental expenses.
My tax person has suggested Rent manager, but the website shows that the software is sold by accountants, so I wonder if there is an ulterior motive.
The spreadsheet has worked for decades, surviving changes in operating systems, software, tax law and the portfolio. Why do I need Rent Manager, especially as I still need the spreadsheet for shares?
Any views?