Insights & Resources for Property Management Accounting

Vendor invoices can quickly become difficult to manage when a property management company oversees multiple properties, owners, and maintenance requests. A plumbing repair may be completed at one property, an invoice may arrive several days later, and the payment may be processed during a different accounting period. If these transactions are not connected properly, the property manager may pay the wrong amount, charge the wrong owner, or report an expense in the wrong month.