Finance built for
property development
Managing fund flows, development costs, investor reporting, and multi-entity structures is too complex for Xero or MYOB. Sage Intacct gives Australian property developers real-time visibility across every project and entity.
Why Xero and MYOB hold developers back
Entry-level accounting platforms were built for simple businesses. Property development is anything but simple.
No real-time fund flow visibility
Manually reconciling equity draws, construction loans, and costs across spreadsheets leaves you weeks behind. By the time you know there's a problem, it's expensive to fix.
Multi-entity consolidation is a nightmare
Running separate SPVs or development entities means exporting, aggregating, and reconciling multiple files manually. A consolidated view is hours of work, not a button click.
Investor reporting is manual and slow
Pulling together project cost reports, drawdown summaries, and IRR updates for investor or bank reporting takes too long, and the risk of error is high when it's all manual.
Progress claims are hard to reconcile
Matching builder progress claims to your development budget and bank facility drawdowns is a constant source of reconciliation pain without a system designed for it.
Approval workflows happen outside the system
Without built-in purchase order controls and approval routing, cost commitments are authorised by email or spreadsheet. By the time they hit your accounts, the budget has already moved.
Revenue recognition is inconsistent
Stage-based and percentage-of-completion revenue recognition for development projects requires accounting mechanics that Xero and MYOB handle crudely at best, creating mismatched P&L and audit risk.
The financial control property developers need
Sage Intacct is purpose-built for project-based businesses with complex entity structures. Every feature below is live on day one.
Development cost tracking
Track every cost, land, construction, consultants, finance, against your development budget in real time. Drill from consolidated entity view to individual cost line in seconds.
Multi-entity consolidation
Run all your SPVs and development entities in one system. Automated intercompany eliminations and one-click consolidated P&L, balance sheet, and cash flow, no spreadsheets required.
Fund flow & drawdown management
Monitor equity contributions, construction loan drawdowns, and presale deposits in a single dashboard. See your cash position across each stage of development, based on outstanding AR and AP, without assembling the picture manually.
Investor & bank reporting
Generate investor-ready project reports, drawdown requests, and cost-to-complete summaries automatically. Reduce report preparation from days to minutes.
Built for how property developers actually operate
Whether you're managing a single development or a portfolio of projects across multiple entities, Sage Intacct adapts to your structure.
Residential Development
Track apartment or townhouse development costs from DA approval to settlement. Manage presale deposits, monitor cost-to-complete, and reconcile with your construction contract, all in one system.
Commercial Property
Manage commercial development and investment property portfolios with entity-level and portfolio-level reporting.
Land Subdivision
Track land development costs across stages, manage allotment-level profitability, and automate the cost-per-lot allocation. Stay on top of development contribution ledgers and council obligations.
Fund & Investor Structures
Manage capital calls, investor distributions, and project-level returns across a fund structure. Generate investor-ready reporting and automate the waterfall calculations that matter to your backers.
Multi-entity consolidation, live
Most Australian property development groups run each SPV, stage or fund as a separate entity. Sage Intacct consolidates all of them in real time, with automatic intercompany eliminations and no manual Excel work at month-end.
This walkthrough shows a live multi-entity construction group running consolidated reporting inside Sage Intacct, the same structure that applies to a portfolio of Australian development entities, SPVs and joint ventures.
Questions about Sage Intacct for property developers
Can Sage Intacct handle multiple SPVs and development entities?
Yes. Sage Intacct's multi-entity architecture is one of its strongest features for property developers. Each SPV or development entity maintains its own books, intercompany transactions are eliminated automatically, and consolidated reporting across the entire group runs in real time. For a developer running three to ten projects through separate entities, this replaces a monthly manual consolidation process that typically takes days with something that takes minutes.
How does Sage Intacct handle percentage-of-completion revenue recognition?
Sage Intacct handles percentage-of-completion (POC) revenue recognition natively, including automatic calculation of overbilling and underbilling GL entries. For property developers using POC for long-term construction contracts, this means the WIP schedule is produced by the system rather than maintained in a spreadsheet. Revenue recognition entries post automatically based on cost incurred against total estimated cost, with a full audit trail.
Does Sage Intacct support investor and bank reporting for property developers?
Yes. Sage Intacct's reporting engine produces project-level cost reports, drawdown summaries, and development finance schedules that can be shared directly with investors or financiers. Reports are generated from live data without manual extraction. LimeLedger configures your investor and bank reporting templates during implementation, so the reports your financier or JV partner requires are available on demand from day one.
How long does Sage Intacct implementation take for a property developer?
LimeLedger implements Sage Intacct for property developers in 14 weeks on a fixed-fee basis. For developers with complex multi-entity structures, active development projects with significant historical data, or integration requirements with property management platforms, the timeline may extend to 16 weeks. Every LimeLedger engagement is led personally by Justus Siage, a CPA who helped launch Sage Intacct's construction and real estate capability in Australia.
Have more questions about Sage Intacct, implementation costs, or migrating from Xero or MYOB?
Browse the FAQ →Ready to get real-time control of your development finances?
Book a 30-minute consultation. We'll assess your current setup, identify the gaps, and show you exactly how Sage Intacct would work for your business.
Questions? Email info@limeledger.com