Property Bookkeeping
Detailed Recordkeeping for a Smooth-Running Operation
Bookkeeping is the foundation of sound property management. The Rental Authority offers expert bookkeeping services that ensure every transaction related to your property is tracked, recorded, and stored for future reference.
We begin by organizing your property’s financial structure. Our team sets up ledgers for income, expenses, assets, and liabilities, tailored to your specific operations and investment goals.
Rent payments are recorded as they come in, with documentation provided for each tenant and lease agreement. This helps you track revenue streams and identify missed or late payments quickly.
We track every bill and vendor invoice, from maintenance services to utility costs and property taxes. Each expense is categorized for budgeting and tax reporting purposes, ensuring nothing falls through the cracks.
Our bookkeeping system syncs with your bank accounts for real-time reconciliation. We verify that deposits match rental payments and that outgoing payments align with approved expenses.
We maintain digital copies of all receipts, invoices, and contracts in an organized, cloud-based system. This not only protects your records but also makes them easily accessible during tax time or audits.
Budgeting is easier with our services. We help you create forecasts based on historical data, giving you a realistic view of your cash flow and helping you plan for future upgrades or acquisitions.
Our reports are simple and easy to read, making it clear where your money is going and what return you’re generating. Whether you own one property or a portfolio, we give you a clear financial picture.
With The Rental Authority managing your bookkeeping, you can focus on growing your real estate business while we ensure your records are organized, accurate, and always up to date.
