Insights & Resources for Property Management Accounting

For many property managers, the end of the month is when the real test of accounting accuracy begins. Rent has been collected, bills have been paid, maintenance expenses have been recorded, and owner distributions may already be scheduled. However, if the financial data behind those transactions has not been properly reviewed and reconciled, the reports generated at month end may not tell the full story. A rushed month end close can create a chain reaction of problems. Bank b