🚨 What’s New: Accuracy, Control & True Accounting Flexibility
Your business has grown fast, and now your accounting can grow with you.
We’re excited to introduce the next generation of MagicDoor accounting, built together with property management accountants representing over 100+ years of combined experience. This upgrade expands everything you already love about MagicDoor and adds deeper precision, flexibility, and true professional-grade controls.
MagicDoor now delivers the most accurate property management accounting system available today, even surpassing legacy platforms, while staying simple enough that landlords never need to be accounting experts.
What’s New: Accuracy, Control & True Accounting Flexibility
✅ Full Double-Entry Accounting — Built the Way Professionals Expect
MagicDoor now supports industry-standard double-entry bookkeeping. Accountants can work exactly the way they prefer, with no workarounds or external tools.
✅ Accrual & Cash Accounting — Built Specifically for Property Management
Switch between landlord-friendly cash reporting or full accrual accounting used by 3rd-party managers.
Whether you’re tracking cash flow or long-term revenue, your reports now reflect how your business actually operates.
✅ The Most Accurate Money Flow in the Industry
We fully redesigned how money is tracked, eliminating the commingling issues that many platforms struggle with. Every dollar is accounted for correctly, automatically, and in real time.
✅ Two Modes: Landlord + 3rd-Party Manager
Landlords get a simplified experience that stays audit-safe without requiring accounting expertise. Property managers get full professional controls and reporting.
✅ Invite Your Accounting Team Directly
Control exactly who can view or edit financials, tenant data, ownership details, or banking info. Your team gets the access they need—nothing more, nothing less.
✅ Granular User Permissions for Real Teams
Control exactly who can view or edit financials, tenant data, ownership details, or banking info. Your team gets the access they need, nothing more, nothing less.
✅ A Cleaner, More Reliable Audit Trail
Every transaction posts automatically to a balanced ledger. Your books stay accurate, consistent, and ready for auditors or owners at any time.
✅ Built With Real Accounting Expertise
This new system wasn’t just engineered, it was co-designed with experienced property management accountants who have spent decades in the industry. The result: a modern platform that meets the exact needs of both landlords and professional managers.
Your books are now more accurate, more flexible, and easier to manage than ever. Want a walkthrough of what's new?
P.S.: You can now collect rent through Zelle, directly in MagicDoor! It’s fast, familiar for tenants, and deposits go straight to your bank, no waiting, no extra apps, no added fees. Just another way we’re making payments easier for everyone.
Cheers,
Kasper from MagicDoor