Azibo, the better Quickbooks alternative

Here's a quick comparison between Azibo and Quickbooks, and how we stack up against them.

While Quickbooks is the industry standard for small business accounting, Quickbooks is not designed for real estate property owners. Azibo Accounting is purpose built for real estate, making it easy for you to do your accounting out of the box, along with free rent collection and a full suite of property management features.

See below how Azibo’s features stack up to Quickbooks’s offering and do the math.

Report on a property basis

Real estate investors need to report by property. Azibo is designed out of the box to generate reports by property, portfolio of properties, or in aggregate.

Quickbooks is designed to report on one operating entity holistically. Reporting by property requires lots of gymnastics or an extermely expensive plan.

Real estate specific chart of accounts

Azibo Accounting has a real estate specific chart of accounts ready to use out of the box, created by Azibo in collaboration with leading real estate CPAs.

You’ll need to set up your own chart of accounts in Quickbooks, and make sure it’s set up in a way to enable you to report by property.

Reports designed for real estate

Azibo generates real-estate specific reports such as a Schedule E tax form and a Schedule of Cap Ex. Additionally, Azibo’s P&L’s calculate Net Operating Income for real estate specifically.

Quickbooks’ reports are generic to operating small businesses and not tailored for real estate. They do not have a Schedule E nor a Schedule of Cap Ex.

Tax prep designed for real estate

Azibo generates a Schedule E tax form for you to get a jump start on your taxes. You can easily include or exclude specific transactions on your Schedule E, and Azibo’s chart of accounts defaults inclusion or exclusion into the Schedule E based on the most common treatment of that account.

Quickbooks does not have any tax prep or real estate specific tax prep features.

Free automated rent collection

Azibo offers automated rent collection with payments and invoicing designed for real estate, for free to property owners and without any ACH transaction fees to owners or tenants.

Quickbooks charges the property owner / manager 1% on ACH payments and 2.99% on card.

Collaborate with your CPA

Coming soon: Azibo will let you share access with your CPA for $8.25/month.

Quickbooks supports sharing with your CPA.

Affordable cost

Azibo Accounting is completely FREE for property owners, and sharing with your CPA only costs $8.25/month.

Quickbooks has different costs for different plans, with the plan that works best for real estate costing at least $90/ month.

Report on a property basis

Azibo has additional, fully integrated features to make your life easier such as applications, tenant screening, leases, eSign, document management, maintenance tracking, and banking built for real estate owners.

Quickbooks does not have any property management capabilities.

*Seat subscriptions are billed annually at $99/year.

In the news

What our customers are saying about Azibo

“Does exactly what I wanted and more! It's getting even better seeing how much they are growing since the beginning. Adding more useful features that I will planned to use one day soon. Very good platform for landlords.”

Christopher

March 2024

“I love the ease of use, the fact that it's constantly improving, and the straight forward approach to rental property management.”

Yevgeniy Rozinskiy

March 2024

“Azibo has given us a really great way to not only streamline rent collection but at glance be able to tell where our vacancies are and create a way for us to collect rent that’s safe and secure and keeps everything organized.”

Julia Moluf

Best Buddies Living

March 2024

“The platform has matured nicely overtime.It offers a great service to landlords from rent collection to billing for ancillary items as they crop up. Tenants love the easy access and phone notification for payments. I highly recommend Azibo!!!”

Conor

February 2024

“We really like the feature where the renter can pay by credit card. We are in the business of helping people and some people don’t have the greatest credit and being able to offer them the opportunity to use their rent as a credit builder is one of the features we really like.”

Camilia Winter

February 2024

“I am using Azibo for several years as I find them to be the most flexible, the most adopting, and with the best carrying customer support. The company is constantly growing and adding new features. Receiving rent is fast and free, setting up leases is easy.”

Zhenya

December 2023

“Automated rent collection- provides reminders to tenants …and free. What’s not to like?”

November 2023

“Azibo saves me 5-9 hours per month. When I have tenants paying on different days it makes it way more difficult to track. But now I just log into Azibo a few times per month, make sure my transactions are all set correctly, then I’m done. It really saves me a lot of time.”

Steven Toth

May 2023

"Before Azibo, I was taking payments on Cash App, Venmo, PayPal, and checks. Now Azibo is the one source of truth for all payments, which makes things easier."

Andrew Winter

May 2023

“I love the fact that it’s automated and you can pretty much set it and forget it until it’s time to renew the lease.”

Jua Mcmillan

May 2023

“I am relatively new to real estate investing. Currently holding two rental properties. Having Azibo is a real asset. Everything is organized and easy to access. My tenants also like the ease of paying their rent online. Thank you for everything Azibo team.”

Nick A

November 2023