Key Features
Simplified Property Data Entry
The Multiple Property Wizard makes entering property details straightforward. Whether managing multiple rental properties or different types of property income, the wizard guides you step-by-step to ensure that each property is accurately represented.
Efficient Profit and Loss Calculation
The wizard automatically calculates rental profits and losses for each property, taking into account relevant expenses, ensuring compliance with UK tax laws and reducing manual calculations for you.
Seamless Integration for Multiple Properties
Managing properties has never been easier with Nomi’s Multiple Property Wizard. You can add and update properties in bulk, making it perfect for clients with extensive property portfolios, saving you valuable time.
Tax-Filing Ready Reports
Nomi generates property-specific tax reports that are ready to be filed with HMRC, ensuring that your clients are always compliant with current tax regulations. This feature is designed to simplify the preparation of self-assessment returns for property owners.
Residential Finance Cost Computation
Nomi provides a detailed calculation for residential finance cost computation, ensuring accurate expense tracking for landlords and property owners. The calculations are automatically displayed on the Income from Property page, offering clear insights into deductible finance costs.
Our Integration
Partnering with industry leaders, we provide innovative accounting software solutions for accountants, bookkeepers, and business owners. Our collaborative approach addresses common challenges, equipping finance professionals with smarter tools to improve their workflows. Experience the difference with our accounting software and empower your business for success today.
It’s easy to start using Nomi
Simply register for a free 30-day trial today and a member of our team will be in touch to get you up and running.
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Frequently Asked Questions
- How does the Multiple Property Wizard work in Nomi?The Multiple Property Wizard allows you to enter details for each property, including rental income and expenses. It then automatically calculates rental profits and generates reports that can be used for tax filings, all within a few clicks.
- Can I manage multiple properties for different clients using this feature?Yes, the Multiple Property Wizard is designed to work for multiple clients. You can manage each client’s properties separately and ensure that each portfolio is compliant with the tax requirements.
- Is the Multiple Property Wizard suitable for clients with both residential and commercial properties?Absolutely! Nomi’s wizard can handle both residential and commercial property portfolios, making it a versatile tool for accountants managing different types of property income.