Accounting & Bookkeeping Services for Real Estate

Budgeting and forecasting are key to long-term financial planning and growth. Our experts help you develop logical budgets that meet your business objectives and projections. We examine historical data, market developments and industry information to produce accurate forecasts that help you make wise choices and allocate resources effectively.

• Developing realistic budgets based on data, market trends and projected revenues and expenses
• Forecasting services
• Identifying potential risks and opportunities

Correct and current financial records are essential for effective business decision-making. Our professionals keep accurate records of your financial transactions in conformity with accounting regulations and standards. We give you a 360° perspective of your financial position, so you can monitor your progress and make data-driven choices.

• Compliant record-keeping practices
• Maintaining detailed ledgers and journals
• Managing financial transactions and documentation

Timely collection of payments is needed for healthy cash flow. Our accounts receivable services send out your invoices promptly and track payments. We implement efficient processes to minimize outstanding balances and enhance your overall collection rate, contributing to your financial stability.

• Maintaining healthy cash flow in the real estate industry
• Invoice generation, tenant billing, collections management and credit control
• Improving cash flow and reducing errors

Effective accounts payable management is vital for maintaining good relationships with suppliers and vendors. Our accounts payable services ensure your bills are paid promptly and on budget, avoiding late fees and potential legal problems. We handle everything from invoice processing to payment execution and give you visibility into your financial obligations.

• Maintaining healthy relationships with vendors and suppliers in the real estate industry
• Invoice processing, expense verification and timely payments to vendors
• Reducing administrative burdens with the expertise of professionals

Any real estate business needs effective cash flow management. Our services monitor and optimize your cash flow so you have the liquidity to fulfill your financial obligations. We enable you to simplify collections and control expenses so you can make better choices regarding growth and investments.

• Cash flow forecasting, budgeting and monitoring
• Identifying potential cash shortages or surpluses
• Optimizing cash flow cycles

In real estate, inventory management is required to track units and property assets. Our inventory management services give you a system to track your inventory. We help you simplify processes, bring down costs and keep accurate records, thereby improving your operational efficiency.

• Tracking inventory levels, valuation and reconciliation
• Reporting of inventory assets, cost of goods sold and inventory turnover ratios
• Optimizing inventory management strategies

Payroll management is often a time-consuming and complicated process, particularly in the real estate market. Our payroll processing services get your workers paid on time. We handle payroll, calculations, deductions and compliance with labor laws and regulations so you can concentrate on core business operations.

• Efficient payroll processing services for the real estate industry
• Calculations of wages, deductions, taxes and benefits
• Minimizing errors and reducing administrative burdens

At FinOps US we realize that accurate financial analysis and reporting is needed for real estate businesses. Our experts offer you actionable insights into your financial performance. We analyze information and deliver reports that enable you to monitor your progress and discover areas for improvement.

• Analysis of financial statements
• Reports on key performance indicators like occupancy rates, rental income, operating expenses and profitability
• Identifying trends and optimizing operations based on expert analysis

Financial statements are required to show stakeholders, lenders and regulatory authorities your financial position. Our professionals at FinOps US create conforming financial statements — balance sheets, income statements and cash flow statements. These statements provide awareness of your company's financial performance and health and help you make sound business choices.

• Timely preparation of required financial reports
• Evaluating the financial health and performance of real estate companies
• Compliance with reporting requirements

Choosing the best accounting system is a needed decision for effective financial management. Our team assists you in selecting and implementing the appropriate accounting software for your company. We make the transition easy, train your employees and assist you regularly so your accounting runs smoothly.

• Implementation and setup of accounting software and systems
• Proper configuration, data migration and integration with other systems
• Support for adoption and efficient use of the accounting system

Real estate businesses generally have complex lease agreements and accounting needs. Our lease accounting and management services meet accounting standards and regulations. We deal with the calculations and record keeping for lease accounting, so you can concentrate on your core operations and keep accurate financial records.

• Compliance with relevant accounting standards and regulations
• Recording and accounting for lease agreements
• Calculating lease expenses and amortizations

Trust accounting is needed for correct property management and reporting of client money. Our trust accounting services give you a method to control and reconcile trust accounts while complying with industry standards and keeping maximum transparency and accountability.

• Handling trust funds on behalf of property owners
• Proper management and reporting of funds
• Maintaining separate trust accounts, reconciling transactions and providing detailed reporting

Audits are a needed function of financial governance and compliance. Our professionals help you prepare for audits by having all documentation and records ready. We partner with auditors to ensure an efficient audit that triggers minimal disruption to your everyday operations.

• Preparing for audits
• Proper gathering of financial records, documentation and reports
• Support during the audit — answering inquiries, providing documentation and addressing any issues raised by auditors