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Property Accounting Services

Need help managing the finances of your properties?

Our property accounting services is to assist property management companies, complex associations, condominiums and multifamily rental property owners and managers with maintaining accurate and organized financial records and ensure compliance with accounting standards of the properties they own and manage for a  fraction of the cost of less experienced, on-site accounting staff! 

With over 20 year accounting experience working with various industries, including property management, our clients can trust that we are confident in partnering with them in provide their clients or customers with a valuable service in overseeing, managing and maintaining computerized accounting records, budgets and accurate financial reports.

Request a free quote for your accounting needs.

Get a FREE financial statement analysis of your current financial records or accounting software setup!
(new customers only)

Our Property Accounting Services Include:

COMPUTERIZED ACCOUNTING SETUP:

  • Set-up computerized accounting software.
  • Develop & implement a reliable accounting system.
  • Prepare chart of accounts.
  • Customized forms.

ACCOUNTS RECEIVABLE/DEBT MANAGEMENT:               

  • Prepare invoices
  • Collect and Record Association fees received.
  • Process and maintain Association statements to delinquent homeowners for fees.
  • Maintain and reconcile bank and Replacement Reserve Escrow Account(s).
  • Diligent monitoring of payment plans and judicial consent orders, if necessary
  • Interaction with your attorney in regard to approved collection policies of the Association
  • Report status of collections to board members

ACCOUNTS PAYABLE MANAGEMENT:

  • Prepare operation budgets, reserve tables and assessments
  • Manage vendor bills
  • Maintain accounts payable administered in conjunction with the approved annual budget.
  • Process computerized checks for distribution to vendors and contractors.
  • Process payroll for onsite staff (if applicable)

FINANCIAL REPORTING:

  • Monthly Financial Statements & Reports
  • Bank Reconciliations 
  • Preparation of Annual Operating Budget Analysis for Board approval
  • Assist in facilitating year end tax reports and audits.
TAX SERVICES
Offered by our Certified Public Accountant.
Let us save you time and money, so you can focus on other property management aspects.