Overview
Easily keep track of property performance, finances, and the paper trail that comes with investment properties – all in one place.
Free to get started, upgrade at any time to unlock advanced tools.
In a Hurry? Wanna Skip the Wordy Parts?
Recommended For the Following
Individual Self Managing Property Owners – Yes
Property Managers and Co-hosts – Possibly. Stessa has a lot going for it, but it isn’t a true double-entry accounting platform. If you are co-host and don’t handle reservation funds, Stessa could be a good solution. If you are a property manager who handles reservation funds you should carefully evaluate Stessa’s features to determine if they will meet your needs.
Features
Double Entry Accounting – No
Accounts Payable – No
Expense Tracking – Yes
Bill Payment – No
Bank Sync – Yes
Transaction Categorization and Matching – Yes
Invoicing – No
Payroll Integration – No
Vendor and Contact Management – Limited, via the notes section
Document and Receipt Management – Yes, one-click smart receipt scanning.
Cloud File Storage – Yes, real estate documents and receipt storage.
P&L (Profit and Loss) Reports – Reporting available.
Balance Sheets Reports – Yes
NOI (Net Opertating Income) Reports – Yes
Basis and Depreciation Tracking – Yes
Editable Chart of Accounts – No
Automatic Mortgage Amortization – No
Lease Tracking – Yes
Mileage Tracking – Yes
Mobile App – Yes
Full Data Export – Yes
Accountant Tax Package – Yes, CapEx and Schedule E
Customer Service –
- Help articles
- Forums
- Tutorials.
Pros
- 100% Free Essentials plan.
- Designed specifically for owners of residential rental properties.
- Simplifies the tracking of net operating income, net cash flow, and effective cap rate.
- Mobile app with easy receipt capture.
Cons
- Only available in the United States
- Not a true double-entry accounting platform. This shouldn't be an issue for people who use Stessa to track the accounting of their own portfolio, but should be taken into consideration by property managers.
- Certain features are not available with the Essentials plan.
Customer Reviews
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