Since most investors share the same goal of realizing a financial profit, it is critical that an impeccable accounting management and reporting operation be maintained to monitor, understand, and improve the performance of any asset.
Accounting: • Accounts receivable and accounts payable with
audit trail
• Data management of properties, tenants,
vendors, etc
• Comprehensive monthly and yearly financial and
management reports
• Cash flow projection and annual budgets
Reporting: • Bank account balance sheet
• Bank reconciliation
• Check register for the operation account
• Copy of the general ledger
• Budget variance report to explain variances from the forecasted operation costs
• Tenant request/resolution activity
• Monthly property report
