Dynamics ERP Partners
Focused On Real Estate
Updated November 2026
Which Microsoft Dynamics ERP is best for real estate companies?
Most small and midsize real estate operators, developers, property managers and real estate investment firms use Dynamics 365 Business Central. The Essentials license includes consolidation, multiple currencies, fixed assets and project management, which covers entity-per-property structures and development projects (Microsoft licensing guidance). Tenant billing, rent rolls and shared-cost recovery usually come from property management add-ons built on Business Central. Dynamics 365 Finance fits larger multi-country portfolios. It includes Asset leasing for lessee accounting under ASC 842 and IFRS 16, useful when you lease many sites or assets (Microsoft Learn: Asset leasing).
Business Central Essentials is $80 per user/month and Premium is $110; Dynamics 365 Finance is $210. These are US list prices, paid yearly, from the Business Central pricing page and the Dynamics 365 Finance pricing page. A partner quote will add implementation, add-ons and support.
No partners are currently listed in this directory for real estate. Most Dynamics partners serve many industries, so browse the full Microsoft Dynamics ERP partner directory. For finance-side add-ons, see the Best Microsoft Dynamics ERP Financial Management Tools.
| Microsoft Dynamics Product Icons Legend.... | ||
 Dynamics GP |
 Dynamics SL |
 Dynamics 365 Business Central |
 Dynamics NAV |
 Dynamics AX |
 Dynamics 365 Finance & Operations |
Add On Partners
Focused On Real Estate
Review this directory to find companies with proven expertise working with companies like yours. Keep in mind that these partners may focus on additional industries, so review their profile for full information.How do you choose between Business Central and Dynamics 365 Finance?
Real estate companies often hold each property in its own legal entity, so the ERP must make many small companies easy to run and consolidate. Business Central is usually enough when you report in one or two currencies. Look harder at Dynamics 365 Finance when one or more of these is true:
- You consolidate many entities across countries, with partial ownership of joint ventures.
- You need rule-based eliminations and reporting in several currencies.
- You are a lessee with a large lease portfolio that must be accounted for under ASC 842 or IFRS 16 inside the ERP.
If you are a landlord or property manager, the bigger decision is the property management add-on. See what to ask before choosing a property management billing tool for Dynamics 365.
What real estate features should a Dynamics ERP include?
- Multi-entity consolidation across companies with different charts of accounts and fiscal years (Business Central consolidation). See financial consolidation for real estate operators.
- Intercompany transactions for management fees, shared services and loans between entities.
- Dimensions for property, unit, fund and region, so you can report net operating income by asset.
- Tenant billing for rent, utilities and services, combined on one invoice. See combining multiple services on one invoice.
- Shared cost allocation across tenants. See allocating shared costs among tenants.
- Fixed assets and projects for capital improvements and development costs.
Frequently asked questions
Does Business Central include property management?
Not as a standard module. Business Central provides the general ledger, payables, receivables, fixed assets, consolidation and projects. Lease administration, rent rolls, tenant billing and collections are added with property management add-ons from Microsoft partners. Read can Business Central automate property management payment reminders and collections?
Does Dynamics 365 support ASC 842 lease accounting?
Yes, in Dynamics 365 Finance. Its Asset leasing feature handles lessee accounting under IFRS 16 and ASC 842, from initial recognition through right-of-use asset depreciation, adjustments and termination. Each lease book is tied to one accounting framework, and the feature is turned on in Feature management. It covers leases you hold as a tenant, not rent you bill as a landlord.
Why are real estate investment firms moving to Business Central?
The common reasons are cloud access for small finance teams, low per-user cost and the ability to add entities as the portfolio grows, then consolidate them. See why private equity real estate firms are standardizing on Business Central.
What is the path for real estate firms on Dynamics GP or NAV?
Microsoft's path for Dynamics NAV and GP users is Business Central, and for Dynamics AX users it is Dynamics 365 Finance. Check that your property management add-on supports the target product before you plan the migration.