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  • Tax

    Chart of accounts

    Hi all,

    Recently signed up to Xero to help with managing me and my partner's property investment business.

    Is anyone willing to share their chart of accounts for a property investment business?

    Any help would be greatly appreciated!

    Cheers,

    Jonathon

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    I'm on Quickbooks online. I tried Xero and Quickbooks and found Quickbooks better for me.

    Xero has a better website but the Quickbooks app is significantly better. I find I can do all my accounts on the go now without having to go to a PC.

    Anyway I'm happy to share my chart of accounts structure. Can you PM me your email and I'll send you a spreadsheet of my structure.

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    We had a look at Quickbooks as well but opted for Xero - not used it a great deal yet, but will report back and let you know how we get on!

    That would be great if you could - will send across my email address now.

    Cheers,

    Jonathon

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    Hi can you send me the spread sheet please? ive just moved to Quickbooks after using basic Excel so still learning how to use it for managing properties.

    thanks in advance.

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    Lisa Orme had a Xero standard Chart of Accounts which she used to give out. I am sure that if you are a client she will sort you out.

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    Hi Guys, I'm still on Excel as we only have one property at the moment but I'm looking into what software to use so that I'm ready ahead of time.  

    Do/will both Xero & Quickbooks produce quaterly reports for HMRCs Making Tacx Digital returns?  

    Do they both integrate into your online bank account?  

    Do they integrate into any property management software?  

    And could I ask which property management software you use please?  

    There are so many on the market and I'm not sure which to choose!  

    Any advice would be much appreciated.  Thanks.

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    Hi,

    I am an accountant and a Xero certified expert. I can advise you on this.


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