4 tools that make tracking your real estate expenses easier.

by | Jan 16, 2017 | Bookkeeping

4 tools that make tracking your real estate expenses easier.

Real estate agents and brokers have a lot more to manage than clients and properties; keeping tracking of all your expenses related to doing business can be difficult. These apps will inevitably make your life easy when it comes to keeping track of your diverse range of real estate business expenses.

 

  • scannableScannable

If you use Evernote, you’re going to appreciate this app! Scannable is the newest app from Evernote, and makes saving and sharing scanning easy. Just aim the camera, and Scannable immediately identifies business cards, receipts, and other paper items it’s pointed at. The app automatically detects the document edges and then captures it. In regards to the business card scanning, I really like the additional photo and LinkedIn details that it added to the contact records.

 

 

  • box_app_android_featureBox

If you are a fan of Dropbox but looking for more security and control, Box is the perfect app for you. Box provides the ability to view, download, edit and annotate files, and then securely send those files to colleagues or clients anywhere. With Box, I’m also able to mark a folder for offline viewing. This is perfect for keeping track of all your business expense receipts.

 

 

 

  • MileIQ2Mile IQ

MileIQ is the gold standard when it comes to tracking mileage. This app comes equipped with all of the bells and whistles, such as smart-drive technology which automatically logs your drive and calculates that drive’s value. Classify all of your trips easily and save your drive data in the cloud to access it on a different device if needed. You can even export your data for filing purposes. The app sports a nifty and sharp interface, which is an added bonus. MileIQ allows you to track 40 drives free of charge each month, but if you need to track more, there are subscription services available.

 

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  • Mint 

Each section is intuitively organized to give you the big picture of your finances. The Updates section includes all transactions (recent and unauthorized) and how you’ve been using your accounts. In Overview, you can get account totals, monthly budget, credit score (get a free one when you sign up), alerts for where you went over budget, and spending broken down by category.

Mint shows your cash flow in real time, including deposits, expenses, credit card debts, and other investments. This format is great if you’re especially into using your debit or credit cards for all purchases, but it also works with cash as long as you enter every purchase.

In addition to adding up all your accounts, and outlining budget and savings goals, Mint analyzes your spending habits, helping you pinpoint areas where you can potentially save.

Make your life easier. Download the Ultimate Accounting Cheat sheet. Follow the SIMPLE daily, weekly and monthly checklists and you'll never fall behind or get unorganized. 

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