Elevating Entrata Accounting: What’s New & What’s Next

At this year’s Summit, Entrata’s Senior Product Education Manager Mark Groberg led a breakout session alongside Sara Sharpe, SVP of Product, Christopher Kunz, Product Manager, and Angela Wirick, Sr. Product Manager. Together, they gave attendees an inside look at how Entrata is reimagining accounting for the multifamily industry.

The Big Picture: Fixing the Fragmented Accounting Experience

If you’ve ever wrestled with disconnected systems, endless spreadsheets, or manual reconciliations, you know the pain. As Sara Sharpe put it, “Sixty percent of financial discrepancies in multifamily accounting are tied to billing errors.” Even more startling, accounting teams often spend half their time just generating and managing billings. That’s a huge amount of energy going into processes that should already be automated. Entrata’s team has been working to change that.

A Unified Corporate Accounting Experience

To that purpose, Sharpe introduced Entrata’s new Corporate Receivables module. This update brings property and corporate accounting under one roof, allowing users to manage internal and external customers, generate and track invoices, apply payments, and monitor aging, all within the Entrata platform. No more toggling between Excel, outside platforms, and different systems just to reconcile the books.

Groberg’s demo showed how accountants can now make quick edits to charges that automatically reverse and repost to the correct accounting period, eliminating tedious rework. Users also have the flexibility to post using either charge codes or GL accounts, whichever fits their workflow best.

Another standout enhancement is a revamped intercompany process. For the first time, you can initiate billbacks directly from the accounts receivable side. That means when a corporate invoice is generated, Entrata automatically creates the corresponding AP entry at the property level. The process is fully automated, reducing errors and saving hours in manual imports.

Automating Payroll and Bank Reconciliation

Sharpe also shared two exciting partnerships that will bring even more automation to accounting in 2026: Finch and Plaid.

Finch connects directly to payroll providers (over 200 of them, including ADP and Paychex)to pull salary, benefits, and tax data straight into Entrata. That means no more downloading files or juggling spreadsheets to allocate payroll costs. Everything flows automatically and accurately to the right properties and departments.

Plaid, meanwhile, changes the way bank reconciliation works by connecting Entrata directly to your bank accounts. Transactions sync in real time, and the system automatically matches them to your ledger entries. What used to take days can now happen in minutes, giving finance teams true real-time visibility into their cash positions and dramatically reducing reconciliation time.

Smarter Budgeting and Job Costing

Product Manager Christopher Kunz took the stage next to show how Entrata is bringing more intelligence to budgeting and job costing. The updated Advanced Budgeting tools now centralize corporate contract budgets, making it easier to allocate shared costs across properties and keep everything aligned. When budgets sync automatically, there’s less room for misalignment or manual errors, and that means faster, cleaner closes.

For job costing, Entrata now bridges the gap between expense and asset management. When a job cost is tied to an asset code, that cost automatically stages as a “pending asset,” ready for review and capitalization. This functionality eliminates extra steps and external tools, facilitating a seamless move from expense to asset.

And for those using Procore? Entrata offers a direct integration, allowing you to “keep Procore, power it with Entrata.” It’s the best of both worlds for construction and capital projects.

Streamlining Procurement from End to End

Rounding out the session, Angela Wirick introduced updates to Entrata’s eProcurement features that promise to make day-to-day operations smoother. The system now automates catalog mapping, so when new SKUs or properties are added, they sync automatically. Managing assets is easier too, operators can configure whether serial numbers are required and even dispose of multiple assets at once, instead of one by one.

Wirick also previewed Entrata’s evolving Vendor Marketplace, which delivers a modern, intuitive experience for sourcing and purchasing. With smart price comparisons, electronic ordering, and a clean, easy-to-navigate interface, it’s designed to make procurement more efficient and less error-prone for both accounting teams and on-site staff.

What’s Ahead

These updates reflect a clear mission: modernize multifamily accounting with automation, accuracy, and transparency. The Corporate Receivables module is entering beta through the end of 2025, with a full rollout planned for early 2026. That’s also when the Finch and Plaid integrations are set to debut.

Entrata’s product team emphasized that user feedback will continue shaping these tools, so customers are encouraged to connect with their Entrata representative to learn more or join the beta program.

With these advancements, Entrata is delivering on a simple promise—less manual work, faster closes, and more time for strategy. Because when your accounting tools work together, your entire operation runs stronger.