It is a must for every real estate and property management owner to have a clear snapshot of their properties history. It is also important to have a through knowledge of the performance of their property. Keeping track of rents and tenant ledgers against right properties and up to date, having updated unit portfolios only helps to be successful in this business.
Velan's bookkeepers who are expertise in property management industry will make your life easy. With our experience, we maintain a detail property related information along with tenant occupancy details.
Software: Timberline, Onesite Accounting, Yardi
All bookkeeping activities including writing checks; Certificates of insurance - obtaining from all vendors and tenants; Preparing sales tax return.
Prepare the purchase orders; prepare monthly construction loan draws, pay the invoices and obtain waivers of lien.
Assist property manager in leasing the park including preparation of the leases and lease extensions.
Process payroll for all staff in accordance with payroll deadlines and file payroll taxes on time.
Cash tracking and cash flow; balancing bank accounts; preparing monthly invoices for cost allocations.