We are expert in providing accounting and management services to property management firms, our work included below tasks.
Entering cash receipts, ACH , track and follow-up of rental income etc.
Management of Accounts Payable and Accounts receivable including receivable aging for delinquencies, cash applications and prepaid rent application.
Management of tenant account analysis and reconciliations
Prepare schedule and enter monthly contract item accruals such as janitorial, security and utility expenses and review trial balance for reversing of same entries in the next accounting period. Prepares financial statements and variance analysis reports.
Prepares and ensures the month’s recurring charges and schedules on a monthly basis.
Calculates and records appropriate depreciation and amortization of fixed assets, tenant improvements, and leasing commissions, if applicable.