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What is RentalOps?

RentalOps is a specialized bookkeeping tool designed for Canadian landlords, streamlining the management of rental income and expenses to meet tax requirements. This application enables users to track revenues and costs per property, store digital receipts, and categorize expenses in accordance with the CRA T776 standards. By doing so, landlords can evaluate their profit and loss on an individual property basis, maintain comprehensive records year-round, and prepare T776 summaries for their accountants with ease. Furthermore, RentalOps assists in tracking capital cost allowance (CCA) to ensure both compliance and precise reporting, which is essential for effective financial oversight. With categories specifically tailored to the rental industry, the software reduces the need for landlords to manually adjust general accounting categories when preparing their tax filings. The platform is primarily aimed at part-time landlords and those managing small rental portfolios, generally consisting of one to ten properties. In addition to helping users input rental income and assign expenses to the appropriate property and tax classifications, RentalOps also organizes receipt records efficiently. Thus, it not only simplifies the process of reporting rental income for Canadian landlords but also enhances their overall financial management experience. Ultimately, this software not only aids in bookkeeping but also empowers landlords to maintain organization and adhere to Canada's tax regulations effectively, giving them peace of mind.

What is AccountsDesk?

AccountsDesk is a digital platform tailored for the Making Tax Digital initiative in the UK, serving a diverse range of users including businesses, self-employed individuals, landlords, agents, and accountants. It streamlines the management of digital records and the submission of MTD VAT and Income Tax Self Assessment (MTD ITSA), encompassing both quarterly updates and annual summaries. Users can seamlessly connect their accounts with HMRC, enabling them to evaluate their tax duties and submit VAT returns and income tax information directly through the platform. The spreadsheet bridging feature allows users to retain their existing workflow by uploading their records, matching relevant data with tax-return fields, and sending it electronically. Furthermore, the platform provides dashboards for monitoring submissions and tax-related data, while facilitating agents and accountants in managing multiple client accounts. Specifically designed for the complexities of UK tax regulations, AccountsDesk accommodates a variety of needs, such as self-employment, UK property income, and earnings from overseas properties. This all-encompassing tool not only aims to simplify tax processes but also enhances compliance for every user involved, making tax management more efficient and user-friendly. Ultimately, AccountsDesk represents a significant advancement in digital tax solutions for individuals and businesses alike.

Media

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Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

CA$6.99/month
The Starter plan is CA$6.99/month for 1 property. Core is CA$9.99/month for up to 5 properties, and Pro is CA$19.99/month for unlimited properties. Yearly billing saves 20%, and each plan includes a 7-day free trial.
Free Trial Offered?

Pricing Information

£19.75/year
The first one-year term is free; thereafter, the charge is £19.75 per business per year. No credit card is required to sign up.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

RentalOps Canada

Company Location

Canada

Company Website

www.rentalops.ca

Company Facts

Organization Name

AccountsDesk

Date Founded

2020

Company Location

United Kingdom

Company Website

accountsdesk.co.uk

Categories and Features

Bookkeeping

Bank Reconciliation
Cash Management
Expense Tracking
Fixed Asset Management
Tax Management

Categories and Features

Accounting

Not specified

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