Bookkeeping Services for Real Estate & Property Management Firms

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  • Real Estate & Property Management Firms

Bookkeeping for Real Estate and Property Management Individuals & Companies

Velan offers outsourced bookkeeping to real estate businesses and property management firms across the US. 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 and ISO 9001 certified, and practice the highest standards of compliance and security.

Let's Take Bookkeeping off Your Shoulders

Velan’s Real Estate 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

Top Real Estate & Property Management Software.

Offshore Real Estate Bookkeeping Helps You to Maintain Your Books

Hire an offshore real estate bookkeeping professional who can assist you with accounting plans. Our real estate bookkeepers are highly trained in their areas of expertise and can do much more than just recording business transactions. They can handle financial reports on profit/loss, Y-o-Y data, balance sheet, trial balance, general ledger, and cash flow statement.

Why Real Estate Bookkeeping is Essential?

Hiring an offshore real estate bookkeeper is ideal for your business, as it gives you access to someone who understands what your business requires.

Offshore real estate bookkeepers help you to forecast your financial stand by tracking your books. The real estate bookkeeping is essential because it helps you to review how well your business performs. Your real estate bookkeeper will showcase you the cash flow and help you to organize your funds and gives you a heads up on whether you are spending more money than necessary on projects.

Software platforms that our offshore real estate bookkeepers have hands-on experience

Buildium helps you monitor income sources based on what you will collect and when you should be paid next.

AppFolio, a real-time property management solution, lets you streamline the usage of cloud tools for property managers, multi-party communication , property maintenance tracking and aid vacant property advertising on the internet

Yardi, a cloud solution, lets you manage all property types across locations including leasing management, realty operations management, workflow automation with AI support, data analytics and reporting.

Rent Manager, an integrated solution, lets you manage Accounting, Reporting, Marketing & Leasing, Business Operations and Maintenance

TOPS lets you manage Condominium and Homeowners Associations with all aspects of property management integrated and address the need of organizations of all sizes.

FreshBooks lets you work with many custom forms and parameters for work. It also provides visual data representations to help you see how your company is performing.

Realtyzamis a cloud-based solution that lets you review your expenses and track fees and other things that might enter your business.

QuickBooks lets you track accounts payable, receivables, maintenance and repair costs, issue payments to owners, and generally figure out whether you’re profitable or not

Xero is also a cloud-based program. Xero provides data synchronization between bookkeepers and accountants. It also automates payroll totals based on data and historical reviews.

Some bookkeeping software programs focus on specific real estate industries. Sage 300 has a construction-focused version of its bookkeeping program available for your use.

Why Outsourced Real Estate & Property management Bookkeeping to Velan?

Velan Bookkeeping has over a decade of experience offering robust, reliable and quick, offshore bookkeeping services to real estate & property management companies nationwide. We operate from an offshore delivery centre, which acts as an extended office, serving you relentlessly, day-in and day-out. Put an end to your search for the ideal outsourcing partner. Choose Velan and choose liberation.

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