Velan Bookkeepers are trained experts in Buildium
Property Management Software.
18+ Years into Finance & Accounting | Manage Books Over $1 Billion | Small, Medium to Fortune 500 Companies
Deliver Nationwide | Support Multiple Software Platforms | Certified Data Security Practices
Buildium Property Management Software is a cloud-based platform. The platform streamlines
rental property management. This all-in-one solution helps property managers, irrespective of the size
of their portfolio. Buildium will help you manage single-family homes, multifamily units, or community
associations. The software offers comprehensive tools for property management, including Buildium
bookkeeping and accounting services. This software makes it simple to track finances and manage your
properties seamlessly. Buildium’s robust features make it a go-to solution for property managers looking
to grow and simplify their operations.
How do our Buildium bookkeeping services work?
With Buildium property management accounting, bookkeeping is easy. The solution ensures
accuracy and efficiency every step of the way.
Our procedure entails the following:
Step 1 System Review
We start the process by thoroughly reviewing your setup once we have accountant access to
your Buildium account. We will gain a thorough understanding of your business and
identify any current issues. Our team correctly configures the Buildium bookkeeping
system and completes any necessary catch-up bookkeeping. We also audit tenant and owner
statements for accuracy.
Step 2 Initiating Monthly Bookkeeping
We initiate monthly Buildium bookkeeping services after confirming that your Buildium
account is 100% accurate. We will design a financial calendar tailored to your business
needs. Streamline all accounting processes, categorize each transaction, and reconcile
every bank account on a monthly basis with the property accounting software.
Step 3 Creating Financial Reports
We provide our clients with audit-ready, detailed financial statements and monthly
reports. It will help you stay on top of your company’s financial health. We also ensure
compliance with trust account laws. With our Buildium bookkeeping and accounting
services, you will never keep your owners or limited partners in the dark about
financial matters.
Outsourced Buildium Accounting and Bookkeeping for Property Managers
What are the benefits of using
property management accounting software?
Success in real estate management depends on choosing the right technology. Here is how the right property management accounting software can benefit your business.
Data-Driven Growth
Long-term success necessitates data-driven growth. The right software helps you track everything from profits to property turnover rates. Using data, you can uncover hidden issues in your business.
Staff & tenants are satisfied
Automation greatly benefits real estate management. Automating tasks like rent collection and expense tracking can simplify your workflows and boost your team's efficiency. This allows your team to focus on high-impact projects that improve the tenant experience. Enhanced relationships with tenants result in longer leases, lower turnover, and higher profits.
Building trust
through Proper Communication
Long-term success necessitates data-driven growth. The right software helps you track everything from profits to property turnover rates. Using data, you can uncover hidden issues in your business.
Reduce Vacancies
An automated lead-to-lease process speeds up filling vacant spaces and helps you select the best tenants. The property management software assists at every stage of the lead-to-lease process. It helps users with marketing, background checks, and e-signing. This ensures you are minimizing expensive vacancies and maximizing occupancy.
Tracking Transactions
With property management software, you can easily keep track of the payments received from residents and homeowners. This includes every fee, deposit, and refund. It will give you a clear financial picture of your properties. Accurate property management bookkeeping is essential for maintaining financial transparency and control.
The in-built calculators in the software help you track what you owe to your company, property owners, and vendors. Convert work orders into bills and pay them online. You can also set up automatic payments for recurring expenses, streamlining the accounts payable process.
Automatic Bank Reconciliation
Save time with automated reconciliations of bank statements, checks, and deposits. The software's reporting features ensure you're following trust accounting rules, giving you peace of mind that your financial records are accurate and compliant.
Online Bookkeepers & Accountants
How Secure is Your Data With Us?
Velan understands the importance of safeguarding customer data throughout its entire operational lifecycle. We ensure the uttermost protection of customer property throughout the entire product development process, including storage and logistics. We demonstrate our dedication to data security through the implementation of ISO 27001 in our office.
Why choose
Outsourced Velan Bookkeeping Services?
Comprehensive Accounting Support: We handle every aspect of accounting, ensuring
you get detailed financial reports.
Global Services: We cater to clients all over the world. We assist businesses of all sizes with their accounting needs, no matter where they are located.
Cost-Effective Solutions: Velan's outsourcing services reduce your finance department's operating costs while still providing high-quality accounting support.
Expert Team: Our certified accountants lead a talented team well-versed in US GAAP, IAS, and SEC regulations. We deliver exceptional bookkeeping and accounting services with expertise you can trust.
High-end Process: With a proven history of providing excellent remote bookkeeping,
our cutting-edge processes ensure accuracy and dependability every time.
Extensive experience: We tailor our services to fit your business’s unique needs.
Our extensive experience across various industries ensures we meet your specific requirements.
Buildium vs. QuickBooks for Property Management Software
Feature
Buildium
QuickBooks
Why Our Clients Trust Us
Testimonials
Our property management company has been working with Velan Bookkeeping for the past 5 months, and I'm quite impressed! Velan Bookkeeper is really knowledgeable, and helpful. They were able to take a lot off my plate, allowing me to focus more on providing excellent service to my clients. I would highly recommend their services.
Glen Allen
CEO, Property Management Company in San Francisco CA
The service is outstanding, and all of my requests are responded to promptly. I am completely certain that they will assist me in maintaining the figures, allowing me to interact with clients and build our management business. I strongly recommend Velan Bookkeeping for your bookkeeping requirements.
Kristy Burns
Property Manager, Property Management Company in Midland, TX
We have been working with Velan Bookkeeping for a few years, and they've been great! There was a massive amount of back reconciling that needed to be done because our previous accountant had abandoned us, but they persevered, accounted for all of the data, and now keep us up to date regularly.
Gilbert Flores
Manager, Real estate Company in San Diego, CA
Velan has been able to develop alongside us as we transitioned from a single product to a multi-product business. The team knows e-commerce enterprises and has industry understanding of the systems we should employ to make our bookkeeping go smoothly.
Patrick Adams
Co-Founder, E-Commerce Business Owner in Dallas, TX
We've been using Velan Bookkeeping for over a year now. Their team is really responsive; they assist with any complicated accounting concerns. They keep our books up to date, and we also enrolled in the plan that includes income tax filing, which is excellent. Highly recommended.
Jack Benzaquen
CEO, Healthcare Provider in Florida
News, Tips & More!
Bookkeeping case Study
NJ Chemical Manufacturer Trusts Velan's Accounting Services
Velan supports a New Jersey speciality chemical manufacturer with top-notch accounting services. Velan completes accounts receivables and payables on time with 100% accuracy and earned the client’s trust.
Michigan property owners rely on Velan for professional cleanup and retainer services. Discover how our trusted property management firm can assist you
Velan | Transitioning from Sage to QuickBooks for Service Firm
Velan Accounting Team assists a reputable service provider in transitioning from Sage to QuickBooks to optimize payroll, improve AP/AR, and increase workflow efficiency
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