Insights & Resources for Property Management Accounting

A bank reconciliation can look straightforward until the balance in AppFolio does not agree with the bank statement. For property managers handling rent deposits, owner payments, vendor checks, operating expenses, and multiple property accounts, even a small difference can take time to trace. The bigger concern is that a reconciliation problem does not always mean the bank made an error. A missing transaction, duplicate entry, incorrect amount, timing difference, or transacti