Accounting

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Our accounting experts allow you to relax while they take care of all financial transactions related to your property. Accounting services include:

  • Monthly Rent Collection
  • Ensure that all rents are in by their due dates and posted correctly. When they are not received accordingly, we begin the unlawful detainer process.
  • Property Taxes/Insurance/Debt Service Payments
  • Receive and approve invoices, and make appropriate payments from the building account.
  • Vendor Payments: Receive and approve invoices for satisfactorily completed work at the building and make appropriate payments from the building account. We never mark up outside vendor invoices.
  • Bank Reconciliation: Receive monthly bank statement(s) and reconcile to all managed accounts in compliance with Department of Real Estate rules and regulations.
  • Monthly and Yearly Operating Statements: Provide monthly Operating Statements on the 20th of each month, detailing revenue and expenses for the previous month. Statements include year-to-date data so, at the end of the year, you are ready to go straight to your CPA.
  • Owner Distribution: Prepare, process, and make deposits on your behalf to most financial institutions.
  • Annual/Banked Rental Increases: Prepare and serve rental increase notices, which include all banking calculations, security deposit and interest payment calculations.
Accounting services are a core component of our Full-Service package.