PROMAS The Professional Landlord is property management accounting software for managers of fee-based and investment properties. It handles residential and commercial properties, with integrated double-entry accounting, batch management-fee posting, owner distributions, late fees, security-deposit tracking, tenant charges and bank reconciliation. Financial controls cover owner and escrow funds, and reports are intended to support state trust-accounting audit requirements. Managers can customize reports for reuse and prepare owner statements in different styles. The software can be hosted in the cloud or deployed on premises, and listed platforms include Android, iOS, macOS and Windows. The 30-unit plans cover one database: $60.00 USD per month on a monthly lease, $610.00 USD per year on an annual subscription, or an $845.00 USD one-time license that includes an annual subscription. Cloud hosting costs $1530.00 USD per month, includes up to 10GB of storage and requires a current subscription or lease. A free, fully functional demo download is available, with no trial duration stated. PROMAS also lists integrations including RentTrack, MyRental, Inspect & Cloud, ACH.COM and ScreeningOne.
Who it is for
It suits property managers handling residential or commercial properties who need accounting, trust-fund controls and owner reporting. PROMAS says its business focuses on single-family residential property managers.
What is good
- Includes integrated double-entry accounting
- Tracks owner and escrow funds
- Customizable reports can be saved
- Offers cloud or on-premises deployment
- Provides a free, fully functional demo
What to know first
- 30-unit plans cover a single database
- Cloud hosting includes up to 10GB storage
- Additional cloud storage is billed separately
- Help-desk calls may be limited to 30 minutes
Verdict
PROMAS combines property accounting and reporting with cloud and on-premises deployment options. Review the single-database plan limits and hosting costs before choosing an arrangement.
PROMAS The Professional Landlord plans and pricing
All plansCompared on property accounting software
- Free plan
- No
- Owner statements
- Yes
- Bank reconciliation
- Yes
- Tenant charges
- Yes
- Portfolio reporting
- property
- Accounting basis
- both
