Tiller Spreadsheet to replace Quickbooks Online for Rental Property Business

[mooney_money]

Hello!

Curious if anyone here has used Tiller spreadsheets to replace Quickbooks Online for rental property investments? I am learning QBO, but its tough! I wonder if I could build out income and expenses statements to give my accountant using tiller in google sheets.

Thanks!

[Clint.C]

Hi @mooney_money Chris, Welcome to Tiller and the Community forms!

I can provide you with some links to some community solutions & form questions related to using Tiller with rental property business’. We also have a number of users coming from QB and users managing rental property. I will let them provide more specific help based on their experience.

I hope this is of some help and value for you!

Docs: Property Rental Manager Sheet

Overview The Property Rental Manager template helps you track income and expenses for rental property by reporting the status of one or many rental properties on a monthly, quarterly, or annual basis. [image] This template was designed by Tiller founder, @peter, in October 2019. Installation Open your Tiller Money Foundation template Install or launch the Tiller Community Solutions add-on Open the add-on and choose "Real Estate” from the tags dropdown on the Explore tab Click on “Rental …

Docs: Simple Business Dashboard

Overview The Simple Business dashboard allows you to quickly gain insights on how your business is performing. Understand your cash flow, income versus expense, income by category group, and expenses by category group all based on a customizable time ranges with readily-available presets. The dashboard also gives you an at a glance account balance information as well as summary income & expense reporting. [191228_Tiller_BusinessDashboard] Dashboard Sections The dashboard comprises six disc…

Real estate rental or property management or other business

hello Friends i am curious if anyone is using Tiller to manage business bookkeeping: for example real estate, rental income or other business oriented income thanks!

How to set up "categories" in rental manager

Welcome Reid, I think the wiki for that template may explain things about how to load each group with the categories necessary for the function of the template. The advantage of groups is that you may have multiple expense categories and the group rolls up all of those as a group expense. I hope this answers your question.

You might find this resent form Q&A interesting:

How many people coming from Quicken?

Just curious to learn from our community members here, how many of you are coming from Quicken? I can’t really tell how much of a market share Quicken really has anymore. Then there’s Quicken Simplifi … which one did you use specifically? If you came over from Quicken, how difficult was it to switch? Both from a technical (these are the steps) perspective as well as any required shifts to your mental model or way of thinking about your budget. Are there things you miss about Quicken that Till…

[ACree]

It depends on how detailed your accounting is. I am a CPA and use Tiller myself. Tiller does well at summarizing cash flows IMO, but it’s not a double entry accounting system. If you’re simply providing cash flow based P&L by property to your account, Tiller should work fine. If you’re wanting to maintain full GL detail for all accounts, I’d stick with QBO.