Master Your HMO Accounting
Managing a House in Multiple Occupation (HMO) requires a higher level of financial granularity than a standard buy-to-let. When you receive a single utility bill for a 6-bed property, how do you determine the actual ROI of Room 1 versus Room 6? The Shared Expense Allocation Engine does the heavy lifting for you.
Exclusive to our Scale Plan, this engine allows you to take any property-level expense and split it across active tenancies with mathematical precision. This ensures your financial records are 100% accurate for internal audits and tax reporting.
Advanced Allocation Logic:
- Smart "Even-Split" Automation: One click divides council tax, broadband, or cleaning costs equally across all active rooms.
- Proportional Allocation: Split costs based on room size (sq ft) or custom percentages for premium suites versus standard rooms.
- Audit-Ready Transparency: Every allocation creates a linked record, allowing you to trace a room's expense back to the original property-level invoice.