Feature Roadmap

Kitt has big plans, but currently we are testing some of the core features needed for succesfully managing a property portfolio.

Current Features

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Bookkeeping

  • Reconcile your bank transactions to rent invoices
  • Reoccuring Invoices & Bills
  • Connect to online banking for the majority of NZ, AU, UK, CA, & US banks
  • Automatically pulls down 2 months of transactions from your bank
  • Upload transactions as QIF (for more than 2 months transaction history)
  • Create new invoices (income) & bills
  • Update chart of accounts, starting balances, and end of year dates.
  • Journals & Ledger
  • Enhanced Reconciliation
  • Export Ledger as CSV
  • View all bank transactions and actions you've made on them (whether or not they have bene matched to a invoice)

Portfolio Analysis

  • Nice overview of P&L + Total Net Profit
  • Rental Yield (Gross, Net, and Current)
  • Portfolio/Property Budgeting
  • Predicted Cumulative Cashflow
  • Run Profit/Loss reports, and balance sheet reports
  • Portfolio Value
  • Portfolio gross potential
  • Capitalization Rate
  • Operating Expenses (+ operating expense ratio)
  • Operating Income (Gross, Net)

Tenancies/Leases:

  • Enter in tenancy dates
  • Enter bond number and amount
  • Small checklist of a few important tasks
  • Add tenants to tenancies
  • Select head tenants
  • Keep a log of past tenants on the tenancy
  • View all rent payments (all, paid, unpaid)
  • Upload files and images
  • Update price, and keep a log of price history.
  • Keep track of rent on due on the tenancy
  • automatically creates a backlog of historical rent invoices (payments) from tenancy start date

Properties

  • Add tenancies to properties
  • Upload files
  • Track rent due across all tenancies on the property (useful for units)
  • Property Cashflow analysis
  • Property yield analysis
  • Property budget creation

Contacts

  • Contact book
  • Change tenant tenancies,
  • Upload files on tenants
  • Keep a log of all your tenants and suppliers/contacts

Notifications

  • In app notifications
  • Account Summary Email notifications

Planned / In-development

We have a massive backlog of features to develop, here is a list to give you an idea of what could be coming soon:

Portfolio Analysis:

  • Capital Analysis (Value, rates, LVR, DE, Cashflow + more)
  • Property gross potential (In development)
  • Automated Investment Suggestions
  • Other Key KPI tracking
  • Equity (+ debt to equity ratio)
  • Local Market data comparisons
  • Oppurtunity & Risk assessments
  • CoreLogic Integration
  • Market Data Comps
  • Intelligent Budgeting Suggestions

Bookkeeping

  • Automatic Reconciliation (In development)
  • Send invoices/bills to suppliers and tenants
  • Get paid and pay directly through Kitt (Pay now invoices)
  • EOY accounting services
  • Manual Journals
  • Mortgage Bill Type
  • Property Management Bill type

Collaboration

  • Create new account users (In development)
  • Add permissions to accounts (In development)
  • Portfolio Access Settings (In development)

Other

  • Create multiple portfolios (In development)
  • Video Tutorials (In development)
  • New Advanced Query/Filter Options (In development)
  • API Access
  • More Written Tutorials (In development)
  • CSV Exports (All Data)
  • Updates to Contacts System (In development)
  • Transactional emails (In development)