Greeting:

I am the bookkeeper for a property management co.  We handle over 75 properties for over 50 different owners.  We have two separate bank accounts; one for the property management co. and the other a trust account holding the funds for the property owners.  The trust fund account receives income from each rental property and pays the expenses related to each property.  Each month, each property owner is paid the net income for their property(ies).

In addition to tracking the income and expenses for each property separately, I also need to track the balance in the security deposit and repair fund for each property.  I also track the separate income and expenses of the property management co.

Each month, I need to provide each owner with a report of the income and expenses for their property(ies).  I also need to prepare a report showing the balances in the security deposit and repair fund for each property.  I also prepare reports for the property management co.

I was told at the time that I obtained Quickbooks Online, that it was able to track the above information and prepare the reports described above.  I was also told that there a module (or package?) specifically designed for companies such as mine was included with Quickbooks Online.  

Despite searching online, I have been unable to locate any modules or packages designed for property management companies that are a part of Quickbooks (or even integratable into Quickbooks).  I have also been unable to find any information on how to set-up Quickbooks to perform these actions.  And while I can set up Quickbooks to track and report on properties for a single owner, I have not figured out how to track and report on multiple properties for multiple owners.

Any suggestions or information would be greatly appreciated.

Thanks