We are excited to announce the launch of our latest feature designed to improve the financial management process for property managers and landlords. The Reconciliation feature helps users ensure that the transactions recorded in their TenantCloud account match those listed on their connected bank statements, helping them identify and resolve discrepancies quickly and efficiently.
The Reconciliation feature addresses common issues many landlords face with their accounting, such as typos, missing transactions, and duplicates, which can lead to inaccurate financial reports. We aim to enhance the accuracy and reliability of financial reporting for property managers and landlords alike.
A standout aspect of this new feature is the introduction of automatic bank reconciliation. Transactions from users’ bank accounts will now feed directly into TenantCloud, allowing for seamless matching with manually entered transactions. This automation significantly reduces the time and effort required for manual matching, making the reconciliation process more efficient and user-friendly.
“We’re really excited to offer this new feature,” said Mark Dehaan, CEO at TenantCloud. “The Reconciliation tool is essential for property managers and landlords who need accurate and reliable financial reports. By automating part of the process, we’re helping people save time and reduce the potential for errors.”
More resources to check out:
How do I reconcile my accounting?
