Stateful

ChatGPTby Stateful

Stateful is property accounting for landlords who hold rentals in LLCs. Each LLC has its own double-entry books, with properties, rent, investors, and a partner K-1 worksheet. ChatGPT can read profit and loss, the balance sheet, cash flow, account balances, the rent roll, outstanding rent, items that still need review, capital accounts, and the K-1 worksheet. Categorizing a transaction, saving a journal, approving a posting, recording a rent payment, and adding a vendor each show a preview and wait for confirmation. Limits: Stateful does not delete posted history, move money, pay bills, send payments, or file a tax return. The K-1 figure is a worksheet, not a filed return. One connection is one workspace. The assistant only sees the LLCs that login can access.