Real Estate Bookkeeping Services
Are you unable to keep track of your funds due to a lack of time or automated accounting capabilities? Are you having problems keeping track of your financial situation and day-to-day real estate transactions? If that's the case, you'll require real estate booking services to obtain access to measurable data that can help you make better decisions. Axion Finance Service takes pride in satisfying the client's expectations with improved customer service and financial management services when it comes to bookkeeping services for real estate businesses.
As a leading real estate bookkeeping firm, we take every precaution to ensure that your expenses do not exceed your profits. Using Sage 300, Buildium, Xero, and Realtyzam, we analyse ledgers, track monthly milestones completed by specific jobs, improve tax preparedness, record daily transaction spreadsheets, and preserve your credit score. So, what are you waiting for? Today is the best time to outsource real estate bookkeeping services!
Real Estate Accounting And Bookkeeping Services We Offer
Our team of financial experts and accountants are capable of providing expert bookkeeping and financial planning services to property managers and real estate agents. We can help you with both, basic services as well as complex tasks, such as consulting on forecasting and strategy. Some of the key services of bookkeeping for real estate business we offer include -
Real Estate Accounts Receivable Services
We have the required skills and expertise to provide our clients with real estate accounts receivable services. Here, we offer a wide variety of services with the option of outsourcing the entire process or just a part of it. Some of our real estate accounts receivable services include -
1. Bill preparation
2. Record and account for revenue
3. Record receivable transactions
4. Prepare periodic statements
5. Prepare accounts receivable reports
6. Deductions management
7. Maintaining subsidiary ledgers
Accounts Payable Services for Real Estate
Our accounts payable services are focused on completely transforming the real estate customer's payment activities by automating the process. Some of the key services we offer include - 1. Data Collection - This involves sorting, batch preparation, document indexing, document storage and retrieval, audit and reconciliation, etc., which makes it easy for the realtors to quickly access all the information they want 2. Data Processing - Here, processes such as approval and exception routing, closing process, document audit trail, etc. are efficiently carried out 3. Suspect Duplicate Analysis - We also carry out printing and distribution of the checks, online check proofing, return check handling, e-payment handling, special invoice mail handling, etc., thereby make accounts payable simple for the realtors 4. Other Services - Some of the other real estate accounts payable services offered by us include the creation of accounts payable reports, travel and expense processing, utility bill management, tax reporting, supplier management, etc.
Credit Card and Bank Reconciliation
Our team of certified financial accountants at Axion Finance Service will provide highly efficient credit card and bank reconciliation services at extremely reasonable rates. Some of these services include -
1. Reconciliation of credit cards in accordance with bank records
2. Cashbook and passbook reconciliation
3. Reconciliation of invoices with journal entries and ledgers
4. Reconciliation of certificate and gift cards
Real Estate Financial Reporting
Right from well-trained resources to world-class infrastructure, we have everything in place to provide you with highly accurate real estate financial reporting services. Some of the key financial statement preparation and reporting services we provide include -
1. Income statement preparation
2. Balance sheet preparation
3. Cash flow statement preparation
4. Budget management
5. Depreciation computation
6. Ledger maintenance
7. Tax reporting
8. Payroll management
9. Inventory management
10. Tally and Quickbooks entries
Tax Preparation
If you are looking for ways to reduce the cash outflow in the form of tax leave your worries behind. Our real estate accountants present a tax minimization strategy to help you save big. We will provide the following support to help you control the expenses -
1. Tax planning advice
2. Preparation of business tax
3. Preparation of personal tax
4. Management of deferred tax transactions
Processing of Payroll
If you are using up your productive hours to compute payroll and maintain accounts it is an incredible waste of time. Whether you prefer not to touch your payroll function or lack the time to efficiently carry out the function in-house we have just what your business needs. In this way, you can focus on more important areas of your real estate business. As part of payroll processing, we offer the following services -
1. Salary computation and deposits
2. Configuring payroll
3. 940, 941, 1099 as well as state tax computation
4. Computation of payroll tax and form completion