How to Utilize Tracking Software for Expenses

By PropsManager Team | Dec 17, 2025

How to Utilize Tracking Software for Expenses

1. Snap and Store

Use an app to take a photo of every receipt at Home Depot immediately. Don't let them pile up in your truck.

2. Categorize Instantly

Assign the expense to a specific property and category (e.g., "123 Main St - Repairs"). This makes tax time a breeze.

3. Bank Integration

Link your bank account to your software. It will pull in transactions automatically, so you just have to approve them.

4. Reports

Run a "Profit and Loss" report every month. If you don't know your numbers, you don't have a business; you have a hobby.

Conclusion

Software like PropsManager integrates expense tracking with rent collection, giving you a complete financial picture in one dashboard.