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Managing Separate Books by Company and Setting Operating Accounts

Property Matrix enables you to maintain separate financial books for each company, ensuring clarity and organized accounting.

Written by Jimmy Chowdhury

Viewing Accounts by Company

  1. Click Accounting in the left navigation menu.

  2. Click Accounts.

  3. Use the company dropdown to select and view accounts for a specific company.

By default, the accounts page shows accounts across all companies.

Creating Company-Specific Accounts

To link an account exclusively to one company:

  1. From Accounting > Accounts, click New Account.

  2. Create the new account as needed. See Adding, Editing, and Deleting Accounts or Subaccounts for more details.

  3. In the Link Account To section, change the selection from All Companies to the specific company.

  4. Click Create Account.

The account will now only appear in that company’s books.

Setting the Operating Account for a Company

  1. Click Companies in the left navigation menu.

  2. Select the company you want to update.

  3. Open the Company tab.

  4. Expand the Default Operating Account section.

  5. Click the edit button.

  6. Select the bank account from the dropdown.

  7. Click Save.

Automatic Linking of Transactions

  • Most transactions automatically associate with the appropriate company based on tenant or building ownership.

  • You can manually adjust the associated company or building during transaction entry or check writing.
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Setting Operating Accounts by Property

If you need separate operating accounts by property, refer to Setting Operating Account by Property.

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