Accounting and Bookkeeping of Property Management

You have put in the sweat equity to make your rental property a reliable source of revenue. But to properly take care of your invested money, you need accurate numbers and an up-to-date accounting system.

If you’re a property manager, the number of tasks on your to-do list can get pretty long. Chances are, you got into property management to turn a profit, and you shouldn’t find yourself drowning in a backlog of financial issues.

We can help you create systems to collect management fees and rent regularly, as well as spend less time tracking down overdue payments. Additionally, we provide detailed reports to show you whether your property is profitable or not and help you track details like move-ins and outs, owner disbursements, and improving cash flows.

We offer services for AppFolio, Buildium, Propertyware, Rent Manager, and Quickbooks and will help you get your property management books squeaky clean in no time.

Here is how we will keep your books up-to-date:

❖  Preparing invoices and sending them to customers.

❖  Track security deposits.

❖  Track taxes, insurance, and mortgage interest.

❖  Move-ins and outs, owner disbursements

❖  Property Management Fees

❖  Bank/Credit Card Reconciliation

❖  Payroll Processing

❖  Preparing Financial Statements

❖  Tenant ledger analysis to identify discrepancies