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Small business/Property and landlords

Know who paid rent, who is late and what your property really earns.

Faas bills rent on repeat, matches payments to your bank and keeps repair costs and deposits in order, so rental income stops living in a notebook.

No card needed to start. Set up in minutes.

A landlord checking rent on her phone outside a row of terrace houses
Recent invoice
RM 2,260.00
Paid
Bank matched
98% sure
Profit this month
RM 23,539.50
Rent for Unit 3 received. October matched.

Rent should be the easy part of owning property.

Rent comes in on different days, by different methods, from different tenants. Then repairs, assessment and quit rent bills arrive. Without a single record, you do not know what you really earn.

Sound familiar?

What landlords tell us.

A few units are enough to create a lot of loose ends.

"I never know which tenant has paid this month."

Money lands by transfer with a vague reference, and you scroll through the bank app to guess.

"Chasing late rent feels awkward."

You do not want to sound rude, so you wait, and the delay becomes a habit.

"I mix rental money with my own money."

Some months you top up the property, some months you take cash out. The profit gets lost.

"Repair and bill receipts are scattered."

Plumber, aircond servicing, assessment and quit rent. Every unit has its own papers.

Repeat billing

Bill the rent once. Let it repeat.

Set up a repeating invoice for each tenant: monthly, on the day you choose. Review it before it goes out, or let it run. Every invoice sits in that tenant's history, so you can see how long they have been paying on time.

  • Monthly, quarterly or yearly schedules
  • One repeating invoice per unit
  • Each repeat kept in the tenant history

See invoices and terms

Repeating invoices
Monthly retainer, Maju StudioNext: 1 Nov, RM 1,800.00
Active
Office rent share, Unit 3Next: 1 Nov, RM 950.00
Active
Annual hosting, Kopi KitaNext: 12 Mar, RM 480.00
Scheduled
Rent received

Rent arrives. Faas matches it for you.

Upload your bank statement or connect a feed. Faas matches each transfer to a rent invoice on amount, date and reference, and shows how sure it is. You tap Yes on the strong ones and choose for the unclear ones.

  • Strong matches tick themselves
  • Suggested match for a vague reference
  • Reminders stop once the rent is paid

See bank reconciliation

Bank line
DuitNow from AISYAH TRADING
12 Oct 2026
RM 1,200.00
Invoice
INV-0042 deposit
Aisyah Trading
RM 1,200.00
Match confidence98%
Repairs and bills

Snap the repair receipt. Keep it with the entry.

Take a photo of the plumber's receipt or the quit rent bill. Faas reads it and asks if you have paid. The photo stays attached, so you have the proof when your accountant or the taxman asks.

  • Photo or PDF in, draft entry out
  • Unpaid bills wait in Bills to pay
  • The original file stays attached

See receipt scanning

kedai-buku-maju.jpg
Reading the receipt
VendorKedai Buku Maju
Date11 Oct 2026
CategoryStationery
TotalRM 86.40
Have you paid this yet?
Your money and the property's money

Keep what you put in and take out separate.

Record money you put into the business and money you take out for yourself as owner's money. It is shown on its own and never changes your profit, so you can see what the property really earns.

  • Put in and took out recorded separately
  • Profit is not distorted
  • Clear for your accountant at year end

See owner's money

Owner's money
You put in1 Oct, from personal savings
RM 5,000.00
You took out15 Oct, for personal use
RM 1,500.00

Recorded separately, so it never changes your profit.

Easy for you, complete for your accountant

Plain words for you. Complete books for your accountant.

Faas is not a property management system. It does not hold tenancy agreements or unit lists. It does the money: rent invoices, payments, bills, owner's money and reports your accountant can use at tax time.

  • Who owes you and who you owe, on one screen
  • Share the books with your accountant in one tap
  • Receipts attached to every cost

How Easy Mode works

A landlord going through rent records with her daughter at a kitchen table
A day in the life

A month as a landlord with Faas.

Most of it runs by itself. Here is what you do.

1

The 1st of the month

Rent invoices for each unit go out by themselves on the day you chose, with a pay link in each one.

2

Rent comes in

Tenants pay by transfer or the pay link. Faas matches payments to invoices. You tap Yes on anything unclear.

3

A repair is needed

The aircond breaks. Snap the technician's invoice. Faas files it as a bill or a paid receipt, with the photo attached.

4

Month end

Open Reports. See what came in, what went out and who is late. Share the books with your accountant.

Rules change.Confirm current rates and dates with the Royal Malaysian Customs Department, LHDN or your accountant. Faas explains ideas in plain words and does not give legal or tax advice.

Accounting in plain words

Three ideas that matter most for landlords.

These are the words that make rental accounts confusing.

The term

Rent due and rent received

Also called receivables and receipts.

Plain wordsRent due is what a tenant owes you. Rent received is what has actually arrived.
Rent of RM 1,500.00 is due on the 1st. By the 8th you have received RM 1,000.00, so RM 500.00 is still owed.
The term

Deposits held

Security deposits you keep for the tenant.

Plain wordsMoney you hold that is not your income and may need to be returned.
A tenant pays RM 1,500.00 rent and a RM 3,000.00 security deposit. Only the RM 1,500.00 is rent income. The RM 3,000.00 is held. Ask your accountant how to record it.
The term

Owner's money

Capital and drawings.

Plain wordsMoney you put in or take out personally, kept apart from profit.
You put in RM 5,000.00 to fix a unit and take out RM 1,500.00 for yourself. Neither one changes your rental profit.

Questions from landlords

Is Faas a property management system?
No. Faas does not store tenancy agreements, unit lists or inspection records. It handles the money side: rent invoices, payments, bills and reports.
Can I bill several tenants on repeat?
Yes. Create a repeating invoice for each tenant with the amount and day you want. You can review it before it sends or let it run.
How do I handle security deposits?
Keep deposits separate from rent income so they do not inflate profit. Your accountant can set up the right place for them in Full Mode.
Do I need to charge tax on rent?
That depends on rules that change and on your situation. Faas does not give tax advice, so ask your accountant. Tax features stay hidden in Easy Mode until you switch on "tax registered".
Can my agent or family help with the books?
Yes. Invite them as users and choose what each person can do. Every posting and edit is recorded in the audit log.

Collect the rent. Let Faas keep the records.

See who has paid, what you spent and what the property earns.

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