Our Services
Bookkeeping for Property Managers
Your financial reports are prepared and thoroughly reviewed by our team of highly trained experts. This team includes bookkeepers and accountants who handle various tasks, such as reconciliation statements, bill payments, invoice generation, managing payroll, other reports, and valuable feedback about the overall performance measurement of your company. All of the data is handled professionally and without any waste of time. We always note your needs and requirements and strive to fulfill them to avoid any undue issues when you work with us.
It might prove inconvenient to outsource your accounting management to another party, but with Realty Bookkeepers, you get many reasons to rest easy. Our experienced team hires qualified accountants that seamlessly work with the clients. We can monitor financials if a client wishes to do so.
In the real estate field, we have provided bookkeeping services to many satisfied property managers. If you are interested in this service and like your accounts managed in a certain way, choose us on the go!
Catch up on all-time bank reconciliations
Many property managers find it challenging to deal with their bank reconciliations because they prioritize their deal targets. It is the right thing to focus on catching clients. Therefore, they find it tedious to keep the record of their bank reconciliations and cash transactions of all time. We at Realty Bookkeepers help them keep track of their all-time bank reconciliations.
Our holistic approach with the best possible time-saving method saves much time for our clients (all over the property management field). Once you receive the specialized services from us, you get an opportunity to invest your valued time in more profit-driving projects.
Instead of stressing over bank reconciliations, you will get the resorts of your sheets balanced, account spending details, transaction details, and other financial records.
Regular Bookkeeping
Our understanding of real estate finance works suggests how troublesome trust account management can get. Not to mention, you lose plenty of valuable time that you can use for increasing your sales and gaining new clients. The accountants of our team take over the management of trust accounts and ensure the operation runs smoothly.
The features of our trust account management are:
- Handling receipts: We deal with the trust account receipts and reconciliation statements daily.
- Invoice management: To maintain a steady cash flow, we swiftly and correctly process all invoices.
- Disbursements process: We look after the disbursements carefully to keep your landlords and merchants satisfied.
- Monthly processing: We process the data at the end of the month so that you don’t have to deal with the numbers.
- Observation and insight: We don’t just manage your accounting needs, but we also provide insight and ideas that can help your business grow.
On-Track Trust Account Management
We generate respective reports associated with each account of our clients. It helps in the efficient and accurate handling of different bank accounts belonging to different rental properties. We reduce the likelihood of Co-mingling that you have to face quite often otherwise. In this way, we keep the process smooth, precise, and straight.
- Rent status
- Rent received for the month
- Expenses paid for the month
- Expenses paid to the owner
Trouble-Free Owner Payments and Reports
As a realtor, you might feel overwhelmed with the amount of work pending on your plate. Our services come to your rescue and cover the owner’s payments and reports. Owner payment and reports get included in the owner’s statement. It states the few bullet points that the owner wants to ask.
Because of the involvement of real estate agents between owner/seller and tenant/buyer, monthly owner payments and reports help them to stay on the same page. In this way, both parties can take care of their responsibilities. It becomes more accessible for the owner to keep track of their property situation whether the tenants are taking care of their property or not.
Working with us allows you to have the monthly Rental Owner Statements. The report contains:
- Rent status
- Rent received for the month
- Expenses paid for the month
- Expenses paid to the owner
You can discuss the requirements of your reports before committing with us. We will discuss and figure out the details of the project before signing the contract.
Financial Diagnostics and Cleanup
This is an essential service that we provide to resolve the issues related to your financial diagnostics and cleanup. In this service, we look after:
- Financial Setup issues.
- Cleaning up and balancing all remaining payments and expenses.
- Reports of discovered issues.
Once we complete the review, we start rectifying any issues in it. The time and capital depend on various factors; the number of accounts and transactions. The cleanup depends on your situation, and for that, we assess and review your finances to get a clear idea.
