Organize your expenses and watch your profits grow!
The Ledger is the heart of your financial organization suite in Tellus, where you can track income and expenses for a real-time view of your cash flow. See which rentals are the most profitable at a glance.
Homeowners, especially ones with property managers or multiple units, need a simple way to organize their expenses by category. In the past, everyone would spend days reconciling receipts at the end of the month. Tellus offers a better solution.
Tellus's category feature lets you tag income and expenses appropriately for easy organization and retrieval. Multiple people can add income and expenses for the same home unit, so you always have an accurate view of your bottom line. This feature is also used by homeowners and their families for every day expense tracking. With everything in one place, there is no need to reconcile accounts at the end of the month.
Receipts tend to pile up, and we know how easy it is to get bogged down with too many papers. The Ledger is a digital filing cabinet and calculator all in one. Snap a picture of a receipt, log it as an expense, and then literally throw the receipt away. The expense is recorded and added automatically to a report. You can also add categories and notes for easy organization. All photos, entries, and notes in Tellus are backed up to the Cloud, so you never have to worry about losing something ever again.
One of the best parts of expense tracking is how easy it is to coordinate with your team. Whether you’re working with a property manager, co-owner, spouse, or even a family member helping out, Tellus automatically syncs all Ledger entries so that everyone on your management team has an updated view of your cash flow.
Produce professional, up-to-date financial reports with Tellus, including income-expense statements, category statements, rent payments, and unpaid rent reports. What is often a paid-for service with other providers is something Tellus offers for free.
Our reports are standardized and easy to export and share among landlords, co-owners, managers, and accountants. Information is always refreshing based on Ledger entries and rent payments, meaning you can be confident you’re receiving the most updated version every time you access a report in the app.
All information is backed up to the Cloud. No more printing, no more filing, and no more digging through old reports to find the most recent version. Use the filter to select the dates you would like to view, and let us take care of the rest.
Rent roll reports lets you closely monitor your rentals. Tellus will show you rent payment history for each of your units, which units have unpaid rent, and which ones have paid late. With a quick glance, you will know instantly which units need attention. We’ll also be sure to send you notifications for unpaid rent so that you’re not left wondering what happened.
Unpaid and late rent notifications are also available on the dashboard.
Keeping track of home related expenses would not be complete without logging utilities. Most homeowners typically do this manually, but we knew there had to be a more efficient way. With Tellus, you can log into your utility account once and the expenses are recorded automatically each month. This means you can keep track of these expenses in the Ledger without ever having to input them yourself. Say hello to effortless management.