Bookkeeping for Real Estate and Property Management Individuals & Companies
Velan bookkeeping services caters to a variety of clients in the real estate industry, including residential and industrial property developers, commercial developer, agents and brokers. Our services are designed to improve your productivity, increase profitability and reduce operating costs. Our bookkeepers have worked with diverse range of clients in the real estate sector as well as aware of the current market dynamics. We proactively work along with you to minimize your risk and provide a wide range of services exclusive to your industry.
We’re ISO 27001:2013 and ISO 9001:2008 certified, and practice the highest standards of compliance and security.
Velan’s Bookkeeping Services
General Accounting
- Journal entry processing
- Balance sheet reconciliation
- Fiscal period & year-end GL closing
- Consolidations/ eliminations
- Budgeting
- AP and AR
Accounts Payable
- Billing - Tenant & others
- Invoicing - Customer
- Credit & collections
- Tenant inquiries
- Fiscal Period & year-end closing
- Financial Reporting - gauge performance
Challenges faced by you
- Time lost in staffing, training etc.
- Expensive in-house & full-time bookkeeper
- Infrastructure and supervision overhead
- In-ability to focus on core competencies
- Delay in tax filing cause penalties
Outsourcing Benefits
- Focus on priorities and strategies essential to grow business
- Up-to date books, financial reports – improve business decision
- Minimum overhead costs
- Efficiently manage cash flow
- Financial Reporting - gauge performance
