Xero Setup for Property Investors, MTD Ready

Most property investors start with messy accounts

Standard Xero chart of accounts, built for a shop, not a portfolio
No visibility by property, just one lump figure
Opening balances missing, so nothing ties back to your last accounts
Bank accounts and cards not connected, so you're still doing it by hand
Records kept in spreadsheets, which won't meet Making Tax Digital for landlords who own property personally

The result is a system you don't trust and don't use.

What we set up

A tracking category for every property, so profit and performance can be read property by property
A custom chart of accounts built for property investing, not generic business
Opening balances entered, matched to your last set of accounts including property values
Bank accounts and credit cards connected and feeding in
Structured for automation, so bank rules can be layered on once transactions are flowing
A Loom walkthrough, so you know exactly how to use it from day one

This is what you get back

Xero profit and loss report showing income, costs and profit split across three properties — **See profit by property**Compare income, costs and profit across the whole portfolio in one report.

Property specific chart of accounts in Xero with codes for rental income, council tax, repairs, property assets and mortgages — **A property-ready chart of accounts**Purpose-built codes for rental income, property costs, assets and mortgages.

Xero tracking categories set up with a separate option for each property — **Every property tracked separately**Set up once, then analyse the portfolio consistently.

Xero bank reconciliation screen with a Properties tracking dropdown open, allocating a transaction to Property 2 — **Tag every transaction to a property**Allocate income and expenses as you reconcile, so the reporting stays accurate.

Who this is for

Property investors using Xero, or moving to it. Limited companies and landlords who own property personally, including anyone coming into Making Tax Digital.

£395

One fixed price, portfolios up to 5 properties.

Get started →

Questions before you buy? Email info@accufy.uk

More than 5 properties? Email us for a quote.

Not ready yet, or prefer to do it yourself? Get the free Xero Property 6 Steps Blueprint.

Who you're buying from

Reviews for Accufy Accounting, the practice behind this setup.

★★★★★

A property specialist who uses tech really well to enable a first class service. I'd highly recommend working with David, who's fees are competitive and transparent. I have enjoyed working with him, value his flexibility and collaborative approach. It's always reassuring to work with someone who's large enough to have excellent systems processes and give valuable advice, as well as someone who's an investor themselves, so you know they know their stuff and are speaking from experience.

Thomas · December 2025

★★★★★

This is my second year using David for my company accounts, and I'll definitely be using him again next year. He makes the whole process easy, clearly tells me what documents he needs, handles everything efficiently, and even provides a video summary with insights and tax-saving recommendations. Excellent service all round.

Rob · November 2025

★★★★★

I have been working with David for a few years now and find his approach and knowledge of property accounting excellent. David has helped to simplify things for me and my business and I look forward to partnering with him as my property portfolio grows over time. For anyone looking for a specialist property accountant, I recommend speaking with David.

Tom · January 2026

Trustpilot · Google Reviews

Questions

I own my properties through a limited company. Is this still for me?

Yes, most of our clients do. Everything in the setup is the same.

I'm partway through my financial year. Is that a problem?

No. We set opening balances to your last finalised accounts and bring the position forward, so a mid-year start is normal.

I'm already on Xero and it's a mess. Can you fix it rather than start fresh?

Yes. Most setups we do are corrections rather than blank slates. Tell us on the onboarding form and we'll work with what's there.

Is the Xero subscription included?

No. The £395 covers the setup work. You keep your own Xero subscription in your name, so you stay in control of the account.

I'm moving from spreadsheets, Hammock or Landlord Studio. Does that change anything?

No change to the price or the process. Send us what you have and we'll take the balances from it.

What access do you need, and is it secure?

A standard adviser invite to your Xero organisation, which you can revoke at any time from your own settings. We never need your bank login.

My last accounts aren't finalised. Can you still enter opening balances?

Yes, using your latest draft figures. If they change later, the adjustment is straightforward and we'll tell you how in the walkthrough.

Do I need to do anything after the setup?

Yes. Once it's built, the books are yours to keep up. The walkthrough shows you how to code the bank feed and add bank rules to automate most of it.

What's not included?

This is a one-off build, not ongoing support. Bookkeeping, quarterly MTD updates, ongoing Xero help, accounts and tax returns aren't included. Those come with our monthly accounting packages, or can be quoted separately.

What if I buy another property later?

Adding a property means a new tracking category and, depending on how it's financed, new codes for the asset and any mortgage. The walkthrough shows you how to do it yourself. If you'd rather we did it, that's included for our ongoing accounting clients, or quoted as a separate piece of work.

Who actually does the work?

Accufy Accounting, a CIMA regulated practice working only with property investors. David does the setup and records the walkthrough.

Know exactly what every property earns you

Most property investors start with messy accounts

What we set up

This is what you get back

Ready for Making Tax Digital

Who this is for

Who you're buying from

How it works

Pay

Give us access

We build it

Two things that make this risk free

14 day refund

Up to £200 back if you join us

Questions

Get your Xero set up properly, and ready for MTD