Property Management Accounting

Track rent schedules and security deposits in one ledger.

Stop tracking tenant payments in spreadsheets. Paper & Pen gives real estate agencies and property managers a clear system to invoice rent on a schedule, recharge service costs, and generate accurate owner statements.

  • Invoice rent on a schedule
  • Hold security deposits as liabilities
  • Recharge tenant service charges easily

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Scheduled rent invoices

Set up recurring invoices for monthly or quarterly rent. The system generates the invoice automatically so you never miss a billing cycle for your tenants.

Security deposit liabilities

Record security deposits properly. Post journal entries to hold tenant deposits as a liability on your balance sheet rather than incorrectly recording them as income.

Service charge recharges

When you pay for maintenance or utilities out of pocket, log the expense and quickly generate an invoice to recharge those exact costs to the tenant.

Commission invoicing

Bill landlords for letting fees or charge commissions on property sales. You can configure custom tax rates for your agency fees directly on the sales invoice.

Clear owner statements

Generate detailed ledgers to show property owners exactly what came in and what went out. Export the ledger reports to share financial performance with your landlords.

Share via WhatsApp

Tenants often ignore emails. Send rent reminders, payment receipts, and utility recharge invoices directly to their phone using a simple WhatsApp link.

Rent Collection

Automate your rent schedules and tenant billing.

Managing multiple tenancies means juggling different payment schedules. Some tenants pay monthly, while others pay quarterly or annually. Paper & Pen handles this timing by letting you configure recurring invoices for every lease. You create the schedule once, and the system generates the rent invoice when it is due. You can then send the invoice directly to the tenant via email or a WhatsApp link. When the tenant pays, you record the payment receipt against the specific invoice, keeping their account balance accurate and your cash flow visible.

  • Set up recurring invoices for lease terms.
  • Send payment reminders for overdue rent.
  • Issue formal payment receipts to tenants.
  • Share rent invoices directly via WhatsApp.
Paper & Pen

الفواتير

4 فواتير · مايو 2026

فاتورة جديدة
العميل التاريخ المبلغ الحالة
Northwind Trading Co. 12 مايو 2026 $4,820.50 مدفوعة
Harbour Point Ltd 09 مايو 2026 $12,500.75 متأخرة
Cedar Clinic Group 05 مايو 2026 $2,140.25 مدفوعة
Studio Meridian 02 مايو 2026 $863.40 مسودة
الإجمالي $20,324.90
Paper & Pen

Invoices

4 invoices · May 2026

New invoice
Customer Date Amount Status
Northwind Trading Co. 12 May 2026 $4,820.50 Paid
Harbour Point Ltd 09 May 2026 $12,500.75 Overdue
Cedar Clinic Group 05 May 2026 $2,140.25 Paid
Studio Meridian 02 May 2026 $863.40 Draft
Total $20,324.90
Paper & Pen

चालान

4 चालान · मई 2026

नया चालान
ग्राहक तारीख राशि स्थिति
Northwind Trading Co. 12 मई 2026 $4,820.50 भुगतान हुआ
Harbour Point Ltd 09 मई 2026 $12,500.75 बकाया
Cedar Clinic Group 05 मई 2026 $2,140.25 भुगतान हुआ
Studio Meridian 02 मई 2026 $863.40 ड्राफ़्ट
कुल $20,324.90
Paper & Pen

চালান

4 চালান · মে 2026

নতুন চালান
ক্রেতা তারিখ পরিমাণ অবস্থা
Northwind Trading Co. 12 মে 2026 $4,820.50 পরিশোধিত
Harbour Point Ltd 09 মে 2026 $12,500.75 বকেয়া
Cedar Clinic Group 05 মে 2026 $2,140.25 পরিশোধিত
Studio Meridian 02 মে 2026 $863.40 খসড়া
সর্বমোট $20,324.90
Paper & Pen

انوائسز

4 انوائسز · مئی 2026

نئی انوائس
کسٹمر تاریخ رقم حالت
Northwind Trading Co. 12 مئی 2026 $4,820.50 ادا شدہ
Harbour Point Ltd 09 مئی 2026 $12,500.75 واجب الادا
Cedar Clinic Group 05 مئی 2026 $2,140.25 ادا شدہ
Studio Meridian 02 مئی 2026 $863.40 مسودہ
کل $20,324.90

Trust Accounting

Manage security deposits and generate owner statements.

Real estate accounting requires strict separation of funds. When a tenant pays a security deposit, it is not your income. Paper & Pen allows you to post journal entries to hold these deposits as a liability on your balance sheet. When a tenancy ends, you can return the deposit or apply it against outstanding damages using clear debit and credit notes. For property managers handling funds on behalf of landlords, the general ledger provides a transparent record. You can filter the ledger to produce an accurate owner statement showing rent collected and expenses deducted.

  • Record security deposits as balance sheet liabilities.
  • Filter ledgers to create accurate owner statements.
  • Apply deposits to damages using credit notes.
  • Keep agency income separate from landlord funds.
Paper & Pen

الفواتير

4 فواتير · مايو 2026

فاتورة جديدة
العميل التاريخ المبلغ الحالة
Northwind Trading Co. 12 مايو 2026 $4,820.50 مدفوعة
Harbour Point Ltd 09 مايو 2026 $12,500.75 متأخرة
Cedar Clinic Group 05 مايو 2026 $2,140.25 مدفوعة
Studio Meridian 02 مايو 2026 $863.40 مسودة
الإجمالي $20,324.90
Paper & Pen

Invoices

4 invoices · May 2026

New invoice
Customer Date Amount Status
Northwind Trading Co. 12 May 2026 $4,820.50 Paid
Harbour Point Ltd 09 May 2026 $12,500.75 Overdue
Cedar Clinic Group 05 May 2026 $2,140.25 Paid
Studio Meridian 02 May 2026 $863.40 Draft
Total $20,324.90
Paper & Pen

चालान

4 चालान · मई 2026

नया चालान
ग्राहक तारीख राशि स्थिति
Northwind Trading Co. 12 मई 2026 $4,820.50 भुगतान हुआ
Harbour Point Ltd 09 मई 2026 $12,500.75 बकाया
Cedar Clinic Group 05 मई 2026 $2,140.25 भुगतान हुआ
Studio Meridian 02 मई 2026 $863.40 ड्राफ़्ट
कुल $20,324.90
Paper & Pen

চালান

4 চালান · মে 2026

নতুন চালান
ক্রেতা তারিখ পরিমাণ অবস্থা
Northwind Trading Co. 12 মে 2026 $4,820.50 পরিশোধিত
Harbour Point Ltd 09 মে 2026 $12,500.75 বকেয়া
Cedar Clinic Group 05 মে 2026 $2,140.25 পরিশোধিত
Studio Meridian 02 মে 2026 $863.40 খসড়া
সর্বমোট $20,324.90
Paper & Pen

انوائسز

4 انوائسز · مئی 2026

نئی انوائس
کسٹمر تاریخ رقم حالت
Northwind Trading Co. 12 مئی 2026 $4,820.50 ادا شدہ
Harbour Point Ltd 09 مئی 2026 $12,500.75 واجب الادا
Cedar Clinic Group 05 مئی 2026 $2,140.25 ادا شدہ
Studio Meridian 02 مئی 2026 $863.40 مسودہ
کل $20,324.90

Agency Revenue

Recharge service costs and invoice your commissions.

Property managers frequently incur costs that must be passed on to tenants, such as emergency maintenance, utility bills, or cleaning fees. You can log these out-of-pocket expenses in the system and immediately generate a sales invoice to recharge the tenant. For real estate brokers, revenue comes from letting fees and sales commissions. You can create standard quotations for your agency services, convert them to invoices upon signing, and apply the correct local tax rates to your commission fees. This keeps your agency revenue completely distinct from the property cash flow.

  • Log maintenance expenses paid on behalf of owners.
  • Recharge utility bills directly to the tenant.
  • Invoice landlords for letting and management commissions.
  • Configure specific tax rates for agency fees.
Paper & Pen

الفواتير

4 فواتير · مايو 2026

فاتورة جديدة
العميل التاريخ المبلغ الحالة
Northwind Trading Co. 12 مايو 2026 $4,820.50 مدفوعة
Harbour Point Ltd 09 مايو 2026 $12,500.75 متأخرة
Cedar Clinic Group 05 مايو 2026 $2,140.25 مدفوعة
Studio Meridian 02 مايو 2026 $863.40 مسودة
الإجمالي $20,324.90
Paper & Pen

Invoices

4 invoices · May 2026

New invoice
Customer Date Amount Status
Northwind Trading Co. 12 May 2026 $4,820.50 Paid
Harbour Point Ltd 09 May 2026 $12,500.75 Overdue
Cedar Clinic Group 05 May 2026 $2,140.25 Paid
Studio Meridian 02 May 2026 $863.40 Draft
Total $20,324.90
Paper & Pen

चालान

4 चालान · मई 2026

नया चालान
ग्राहक तारीख राशि स्थिति
Northwind Trading Co. 12 मई 2026 $4,820.50 भुगतान हुआ
Harbour Point Ltd 09 मई 2026 $12,500.75 बकाया
Cedar Clinic Group 05 मई 2026 $2,140.25 भुगतान हुआ
Studio Meridian 02 मई 2026 $863.40 ड्राफ़्ट
कुल $20,324.90
Paper & Pen

চালান

4 চালান · মে 2026

নতুন চালান
ক্রেতা তারিখ পরিমাণ অবস্থা
Northwind Trading Co. 12 মে 2026 $4,820.50 পরিশোধিত
Harbour Point Ltd 09 মে 2026 $12,500.75 বকেয়া
Cedar Clinic Group 05 মে 2026 $2,140.25 পরিশোধিত
Studio Meridian 02 মে 2026 $863.40 খসড়া
সর্বমোট $20,324.90
Paper & Pen

انوائسز

4 انوائسز · مئی 2026

نئی انوائس
کسٹمر تاریخ رقم حالت
Northwind Trading Co. 12 مئی 2026 $4,820.50 ادا شدہ
Harbour Point Ltd 09 مئی 2026 $12,500.75 واجب الادا
Cedar Clinic Group 05 مئی 2026 $2,140.25 ادا شدہ
Studio Meridian 02 مئی 2026 $863.40 مسودہ
کل $20,324.90

Questions

Everything you need to know

Does this software include a property management portal for tenants?
No. Paper & Pen is an accounting and invoicing system, not a dedicated property management platform. We do not offer a tenant portal for logging maintenance tickets or a direct integration with property listing websites. We focus entirely on the financial side of your business, helping you manage rent invoices, expenses, and ledgers.
How do I record a security deposit so it does not show as income?
Security deposits belong to the tenant and must be returned at the end of the lease. In Paper & Pen, you use manual journal entries to record the received funds in your bank account while simultaneously crediting a liability account for tenant deposits. This ensures the money appears on your balance sheet rather than artificially inflating your profit and loss statement.
Can I generate a statement for the property owner?
Yes. While we do not have a button specifically named Owner Statement, you can easily generate this document using our ledger reports. By filtering the general ledger for a specific property or landlord account, you can export a complete list of rent collected, maintenance expenses paid, and management commissions deducted over any date range.
Can I set up automatic rent collection from tenant bank accounts?
No. Paper & Pen does not connect directly to tenant bank accounts to pull funds automatically. You can set up recurring invoices so the bill is generated and sent on a schedule. To collect the actual payment, you can use our Paymob integration to accept card payments, or you can receive manual bank transfers and record the payment receipt in the system.

Take control of your rent schedules today.

Create recurring rent invoices, manage tenant deposits, and generate clear owner statements with our free cloud accounting software.

Free forever · No credit card required · Add modules anytime