What’s new in Propman: June 2026

The June Propman update brings Bank Feeds into more of your finance workflow, strengthens Service Charge reporting, and adds practical improvements that help reduce manual checks, corrections and workarounds.

For customers who track release numbers, this blog relates to Propman X4.16.01. 

Bank Feeds now cover Supplier and Client Ledgers

Bank Feeds were introduced for the Tenant Ledger in X4.16. This release extends that functionality to the Supplier Ledger and Client Ledger, giving teams a more consistent way to import, match and reconcile bank transactions across Propman.

Supplier payments and refunds can now be created and matched directly from imported bank transactions. Where the right criteria is met, Propman can also auto-match and auto-post supplier transactions.

Client Ledger matching has also been extended, so users can allocate and process client receipts, payments and account transfers directly from bank transactions.

This should make reconciliation feel more joined up across ledgers, with fewer clicks and less manual matching. The manual Bank Feeds workflow is now available to all Propman customers as a standard.

For teams who would like extra support, Bank Feeds training is available on request. Please get in touch with your Account Manager or our Support team to request a session.

Automatic Bank Feeds, using Open Banking, will be available as a separately licensed extra in a future release.

Stronger Service Charge reporting

This release improves how Service Charge transactions link to the Nominal Ledger, giving teams a clearer audit trail between Service Charge reports and nominal detail.

New reporting fields are now available across Service Charge and Nominal Detail reporting, including schedule type, schedule number, period number, owner, reference, accounting period, year, batch, document and line details.

Supplier invoices, credit notes and sundry charges marked as recoverable through Service Charge now carry clearer reporting detail through to Nominal Detail. Service Charge reports can also be filtered by accounting period, helping teams keep reporting aligned with closed financial periods.

For teams managing complex Service Charge reporting, this should mean less manual cross-checking and more confidence when reviewing recovered costs by schedule and period.

Making Tax Digital for Income Tax updates

We have also made further updates to Propman’s Making Tax Digital for Income Tax functionality.

This includes improved Tax Return report output to Word, more flexible reprint options, new structured building allowance fields, and clearer filtering between annual and periodic tax return information.

Journal Nominal Adjustment transactions are now included in tax return calculations where relevant nominal codes are mapped to ITSA boxes. Propman also now supports Calendar quarterly submission periods alongside the existing Standard quarterly option.

Propman currently supports UK Property income, SA105, on the accruals accounting basis. Customers who need support for Self-Employment, Foreign Property or cash basis accounting should refer to HMRC’s compatible-software list.

Customers should continue to work with their accountant or tax adviser for tax advice and final calculations.

Improvements across everyday tasks

Alongside the larger updates, this release includes several smaller changes that should make regular work easier for property and finance teams.

Users can now reprint outstanding demands only, helping teams focus on items still due. Supplier invoice numbers can also be amended without reversing and re-entering the transaction, reducing unnecessary rework when a reference needs correcting.

Reports, documents and spreadsheets can now be saved into user-specific folders, supporting better data segregation. Schedule numbering has also been extended to four digits, giving customers more room as portfolios and reporting needs grow.

Bank statement imports now handle long descriptions more smoothly by truncating descriptions that exceed the character limit, rather than rejecting them. This should help when importing statements from banks that add extra coding to transaction descriptions.

There is also a new setting to control whether tenancy Service Charge schedules can be amended after demands have been raised, helping customers protect data integrity.

What next?

1. Book in your upgrade with our Tech Services team here.
2. Submit your ideas on the Ideas Portal to help shape future Propman improvements.

As always, our support teams are on hand to help you adopt these changes. Please reach out to them here if you have any questions or issues.