AI real estate accounting and bookkeeping

Real estate accounting.
Every property, its own P&L.

Accounting and bookkeeping for real estate investors, owners and operators. Zeni's AI Accountant tags every transaction to the right property, and our finance team closes your books every month.
Monthly close by your Zeni team · Every AI call explained
A real estate investor standing outside one of his apartment buildings
Built for real estate businesses

Know how every property performs.

Rent deposits, repairs, insurance, property taxes and capital improvements all land in the same accounts. Zeni tags each one to the right property and our finance team closes the books, so every property has numbers you can trust. The same platform closes the books for 1,000+ customers.¹

250+
accountants, bookkeepers and controllers on Zeni's own team use the platform daily
1,000+
companies whose books close on Zeni every month
$20B+
in finances processed on the Zeni platform
2x
revenue for Zeni's own firm without adding headcount costs
We set it up. We run the AI agents.

Zeni sets everything up for your real estate business and connects your banks, cards and payroll. Our team manages the AI agents and reviews the work. With other accounting software, keeping the agents working is your job. With Zeni, it's ours.

✓ Set up by Zeni
✓ AI agents managed by our team
✓ Works out of the box
Grid icon representing multiple client companies

Spend tracked by property

Tag rent, repairs and operating costs to each property, and run your P&L by property in a few clicks.

Activity icon representing drafted close work

Improvements, depreciated

Capital improvements go on fixed asset schedules that post depreciation every month, not once a year.

Eye icon representing review and approval

Taxes and insurance, spread out

Prepaid property taxes and insurance are amortized across the months they cover, so monthly results stay accurate.

Trending-up icon representing client advisory

A CFO for your portfolio

Ask the AI CFO which property drove last quarter's repair costs or how a refinance would change your cash.

Your portfolio's new teammates

An AI Accountant for the books.
An AI CFO for the answers.

The AI Accountant keeps your real estate books current all month. The AI CFO turns them into answers.

AI Accountant

Codes every rent deposit, repair bill and mortgage payment to the right property with its reasoning attached, flags likely capital improvements for review, and reconciles bank and card accounts before month-end.

AI CFO

Answers questions on cash, property results and operating costs from live books, and models scenarios like a refinance or a vacancy.

How it works

Connect your accounts. Get closed books.

Zeni's AI and finance team handle the bookkeeping in between. You review the numbers and ask the questions.

1

Connect your accounts: link banks, cards and payroll, so rent deposits, repairs and mortgage payments land in the books.

2

The AI Accountant works the month: it codes activity to the right property, matches receipts and reconciles accounts.

3

Your Zeni team closes and reports: we close the month, post depreciation and prepaid schedules, and deliver your financials.

An accountant at a real estate firm reviewing documents at her deskClose work drafted by AI
Zeni transaction card showing a category assigned by AI
Real estate accounting

What is real estate accounting?

Real estate accounting is bookkeeping and reporting for investors, owners and operators: rental income, operating expenses, repairs versus capital improvements, depreciation, and results by property. Zeni's AI Accountant codes activity as it lands, and your Zeni team closes the books each month.

Your standards

Every number comes with its reasoning.

Each AI suggestion arrives with its reasoning and confidence, so you and your Zeni team can see why a repair bill or rent deposit landed on a property. Approval rules route bills to the right person, and nothing changes in a closed period. Change history on every entry keeps lender, partner and tax reviews simple.

Built for review
"Show reason" on every AI categorization
Change history on every transaction
Journal entry schedules wait for approval
Created entries can be reverted
Submitters can never approve their own work
Two real estate partners reviewing their portfolio with a finance advisorAI CFO · answers from live books
Advisory

A CFO between partner updates.

Zeni's AI CFO answers questions on cash, property results and operating costs from your live books, shows how every number was calculated, and builds a 13-week cash forecast,² so partner and lender updates start from numbers you trust.

From spreadsheets to real-time books

One finance workspace for a real estate portfolio.

Property results in a spreadsheet
→
P&L by property from reconciled books
Depreciation booked at tax time
→
Improvements depreciated every month
Taxes and insurance hit one month
→
Prepaids amortized across the year
Partner questions answered next week
→
Answers with a chart, from live books

Zeni connects to your banks, cards and payroll. The AI Accountant keeps the books current, and your Zeni team closes each month. Your property management software keeps running alongside it.

Meet the AI Accountant →
Inside the close

Your real estate month-end close, in one workspace.

Zeni Transactions screen with AI-suggested categories pending reviewThought process on every AI call
TRANSACTIONS

Coded, with the reasoning attached.

Every rent deposit, repair bill and mortgage payment gets a category, class and vendor, plus an explanation of how the AI decided.

Explore transactions →
Zeni Journal Entries screen with AI-created schedules pending reviewPrepaid schedule drafted, waiting on your approval
JE SCHEDULES

Schedules that post themselves.

Depreciation, prepaid tax and insurance, and accrual schedules are built and maintained automatically, and every entry waits for approval before it posts.

Explore month-end close →
Zeni Receipts screen listing transactions missing receiptsReceipt matched to its charge, on the record
RECEIPTS

Never chase a receipt again.

Zeni flags every repair or card charge missing a receipt, gives your team one place to upload or email them, and matches each receipt to its charge.

Explore receipts →
Zeni Flux Analysis screen comparing October and September spend by vendorAI CFO explains the spike: up 167% from September
FLUX ANALYSIS

Catch the swing before your partners do.

Month-over-month variances by vendor and department, with a drill-down into repair and operating cost trends and an AI CFO summary of what changed.

Explore month-end close →
Zeni Reconciliation screen for a company bank accountFound 3 statement transactions missing from the books
RECONCILIATIONS

Matched to the bank, to the penny.

Zeni compares each statement to the cleared balance, finds transactions missing from the books, and suggests the entries to create.

Explore reconciliation →
Zeni Task Checklist with close tasks, owners and due datesEvery close task has an owner, a due date and time tracked
TASK CHECKLIST

See who owns every close task.

Every close task has an owner, a priority and a due date, so your asset manager can see where the month stands before partner updates.

Explore month-end close →
Beyond the close

Run more of your real estate finance work in one place.

Invoice icon

Invoicing

Invoice tenants or partners for one-off charges, track payments and follow up on past-due invoices automatically.

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Task management

Give every close task an owner, a priority and a due date, so your asset manager sees who owns what.

Explore month-end close →
Comment icon

Commenting

Ask a property manager about a receipt right on the transaction, @mention them, and keep the answer on the record.

Explore commenting →
Your questions, answered

What real estate owners ask. What the AI CFO answers.

Every month
"Which property had the highest repair costs this year?"
"How much cash do we have across all accounts?"
After close
"Why did operating expenses jump in September?"
"What did we spend on capital improvements last quarter?"
Planning
"Build a 13-week cash forecast."
"Summarize Q3 for our investors."
Who it's for

Built for the people who own the portfolio.

A real estate team walking through a renovated apartmentYour team, plus an AI Accountant and AI CFO

Investors and owners

Real estate investors and owners who want clear numbers by property without hiring a full finance team.

  • Know cash and results by property any day
  • Send partner and lender updates from numbers you trust
  • Tax-ready books at year-end

Operators and asset managers

The people who run the properties and need a fast close and reports they don't rebuild.

  • Spend tagged by property
  • Repair bills routed for approval
  • Flux analysis that explains every change
Built for real estate businesses

Grow your portfolio. Keep the books right.

See the AI Accountant and AI CFO on a real estate business's books.

Review by design
Reviewed by Zeni's finance team
Reasoning on every AI call
Approvals before anything posts
Separation of duties
SOC 2 Type II compliant
FAQ

Real estate accounting FAQs.

What is real estate accounting?+
Real estate accounting is bookkeeping and reporting for investors, owners and operators: rental income, operating expenses, repairs versus capital improvements, depreciation and results by property.
How does AI bookkeeping work for real estate?+
Zeni's AI Accountant categorizes transactions and tags them to a property with its reasoning shown, matches receipts, reconciles your accounts and proposes fixed asset, prepaid and accrual schedules. Zeni's finance team reviews the work and closes your books each month.
Can Zeni track income and expenses by property?+
Yes. Transactions and bills can carry a class or project for each property, and you can view your P&L by class or project to see how each one performs.
How does Zeni handle depreciation?+
Capital improvements and other fixed assets go on schedules that post depreciation each month, and each schedule waits for approval before it posts.
Does Zeni replace property management software?+
No. Zeni keeps your books. Your property management software keeps handling leases, rent collection and tenant ledgers, and the deposits and payouts it produces are coded and reconciled in Zeni.
Can Zeni help at tax time?+
Zeni's books are kept tax-ready all year, and Zeni's tax team can help with business tax filings. Ask your Zeni team what your plan includes.
Who sets up and manages the AI agents?+
Zeni does. Our team deploys the platform and manages the AI agents, so everything works out of the box. Your Zeni finance team reviews the work, and you approve what needs your sign-off.
Can the AI make mistakes?+
Yes. Lower-confidence transactions go to a review queue instead of posting, your Zeni team reviews the close, and the AI CFO is in beta, so check anything important against the books.
Sources and notes
  1. Zeni internal figures, October 2026, and customer results from Zeni's published case studies.
  2. AI CFO is in beta and can make mistakes; check anything important against the books.