Features / Property
Every property, every statement, every deduction — in one portfolio.
Whether you own one investment property or twelve, myaccountant holds them together. Rental income in, expenses out, statements processed automatically, ownership splits calculated, per-property reports ready at tax time. The whole portfolio lives in one view instead of one spreadsheet per property.
Features · Property
Overview
By what you hold
People and pay
Meeting the ATO
Asking for help
For accountants
The Property Workflow.
Forward the statement. The rest happens.
Forward your monthly rental statement to a dedicated address. The platform reads the PDF, pulls out every income and expense line, suggests a category for each (management fee, repairs, water, council rates, letting fee), and attributes them to the right property. You review, adjust if needed, and post — one click. A multi-property tax prep that used to take hours becomes a five-minute review per statement.
50/50 spouses. Individual plus trust. One party, three parties.
Define multiple owners per property with their share percentage. Every transaction is automatically split across owners for tax purposes. At tax time, each owner's share of net rental income is reported separately — critical for spouses with different marginal tax rates, or for trusts holding a share.
The books reflect what happened in the bank.
When the agent's monthly deposit lands in your bank account, you categorise it to the property's clearing account. The clearing account closes the loop between what the statement said and what actually hit the bank — no synthetic ledger entries, no "let's assume the deposit matches the statement." The books reflect what the bank did, not what we wished had happened.
What else you get.
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Multi-property portfolio — Investment, owner-occupied, or commercial properties in one view.
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Income, expense, and capital payment separation — Tax-deductible operating costs stay cleanly separated from capital improvements.
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Property-specific categorisation rules — Bank transactions for "Property A" land in the right place automatically.
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Receipt and inspection-report attachments — Attach photos, PDFs, and inspection reports to any transaction.
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Opening balances on properties — Enter purchase price, loan balance, and settlement date once; journals post automatically.
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Double-entry journals for property — Every rental transaction creates balanced debit-credit entries, same as the rest of the platform.
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Commercial and owner-occupied handling — Not just residential investments; commercial properties and owner-occupied residences are supported.
The reports that come with it.
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Per-property Profit & Loss — Rental income minus expenses for any single property or rolled across the portfolio.
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Per-property Balance Sheet — Asset value and loan balance at any point in time.
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Per-property Cash Flow — Money in, money out, what actually happened.
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Rental Schedule — The tax-time schedule for every property, ready for the return.
See the rest of the platform.
Every feature of myaccountant follows the same philosophy — show what matters, hide what does not, earn the reader's attention before demanding it. Browse the full Features library to see how each piece of the platform is shaped around that principle.