Leo Commercial Real Estate Accounting for QuickBooks®

Running a commercial real estate business is all about accounting for dollars, dates and data. Typical accounting programs like Quickbooks are good at accounting for dollars, but aren't built for lease dates and property data reporting required in today's real estate environment.

If you're a QuickBooks user or are considering QuickBooks, you've probably heard QuickBooks can't do everything you need, and you'll have to move up to a stronger more expensive solution if you wish to produce standard real estate reports. That's just not true anymore—thanks to Leo Software.

Leo Commercial Real Estate Accounting is what we call the Intuit Certified Add-On, Leo Software, when it's combined with the universally accepted accounting system, Quickbooks. The combination gives you a way to continue to use the accounting power of QuickBooks within a software suite designed specifically for running and reporting your commercial real estate business.

With Leo Commercial Real Estate Accounting, you continue to use Quickbooks as you always have. But now it's easier, because you can automate the generation of rental invoices in Quickbooks by linking tenant rental charges and work order data in Leo with the invoicing function in Quickbooks!

It's easy to set up and it pays off immediately. QuickBooks continues to produce the same accounting and financial reports such as Income and Expense, Balance Sheet, GL, Payables, Receivables, Delinquencies, etc. But now the Leo add-on lets you produce all the industry-standard property reports including Lease Abstracts, Rent Rolls, Vacancy Reports, Expiration Report, Encumbrances, Options, Stacking Plans and much more. Just think—no more manually adjusting spreadsheets and hoping you haven't missed a rent bump.

With Leo Commercial Real Estate Accounting, you'll get the data-management and reporting tools that make Leo the choice for property management reporting— including secure data-storage and collaborative capabilities — all seamlessly combined with the accounting strength of your QuickBooks.

Why Leo Commercial Real Estate Accounting for QuickBooks®?

You may find another solution that does most of the things you can do with Leo Commercial Real Estate Accounting. But that other solution is complicated and expensive. Avoid the hassle. Avoid the high price. Get up and running fast with all the tools you need — without breaking the bank. That's the value of Leo Commercial Real Estate Accounting.

Whether you're using QuickBooks Pro, QuickBooks Premier or QuickBooks Enterprise — there's a Leo Commercial Real Estate Accounting solution that works for you. Maybe you're facing upgrade issues from Yardi, MRI, Skyline or one of the other industry standard systems. Maybe you find them too complicated to use, too expensive to support, and full of features you don't use but have to pay for— there's a Leo Commercial Real Estate Accounting solution that works for you too!

Are you a one- or two-person office, or a bustling commercial real estate business? It doesn't matter. You'll get all the accounting, reporting and management capabilities you need through Leo Commercial Real Estate Accounting, including receivables, payables, income statements, balance sheets and general ledgers, along with property-management functionality and on-demand reports such as rent roll, vacancies, expirations, options and lease abstracts.

If you don't think Leo Commercial Real Estate Accounting is a value just compare our standard features to the industry leading solutions. You won't find more features and more power at a better price!

How Leo Commercial Real Estate Accounting for QuickBooks compares®
Leo with QuickBooks
Timberline
Skyline
Yardi
MRI
Key Functionality
Lease management
Manage key property data
yes
no
no
yes
yes
Find available units
yes
yes
yes
yes
yes
Manage lease data
yes
yes
yes
yes
yes
Critical dates
yes
yes
yes
yes
yes
Document Management
Leases
yes
yes
yes
yes
yes
Amendments
yes
yes
yes
yes
yes
Insurance certificates
yes
yes
yes
yes
yes
Security settings per document
yes
no
no
no
no
Document revisioning
yes
no
no
no
no
Custom security profiles
yes
yes
yes
yes
yes
Photos
yes
yes
yes
yes
yes
Stacking Plan
Lease options
yes
no
no
no
no
Tenant information
yes
no
no
no
no
"Realtime" updates
yes
no
no
no
no
"Past" and "future" views
yes
no
no
no
no
Reporting
Rent roll
yes
yes
yes
yes
yes
Lease abstracts
yes
yes
yes
yes
yes
Leasing activity
yes
no
yes
no
no
Lease expiration
yes
yes
yes
yes
yes
Portfolio overviews
yes
no
no
yes
yes
Certificate of insurance status
yes
yes
yes
yes
yes
Critical dates
yes
yes
yes
yes
yes
Accounting Reports
Income statement
yes
yes
yes
yes
yes
Budget variance income statement
yes
yes
yes
yes
yes
Balanace sheet/Comparative balance sheet
yes
yes
yes
yes
yes
Delinquency & aging
yes
yes
yes
yes
yes
General ledger
yes
yes
yes
yes
yes
Trial balance
yes
yes
yes
yes
yes
Monthly check register
yes
yes
yes
yes
yes
Bank reconciliation
yes
yes
yes
yes
yes
Initial Cost
Your Cost of QuickBooks
$4,800-$25,000
$3,000-$50,000
$5,000-$100,000
$8,000-$100,000
Ongoing Cost
$59 / mo
20% of inital cost
20% of inital cost
20% of initial cost
20% of initial cost