Separating management company funds from owner funds

Rent collected on behalf of owners is not the management company's revenue. Mixing these funds — or failing to track them separately — creates accounting errors and can create legal and compliance exposure.

Tenant ledger reconciliation

Tracking rent charges, payments, late fees, credits, and balances for each tenant requires organized records that reconcile with both the bank account and the property management software.

Security deposit accounting

Security deposits must be tracked separately, held appropriately, and accounted for correctly when applied or returned at move-out.

Owner distributions and property-level reporting

Property owners expect accurate statements showing income, expenses, and distributions for their properties. Producing these reports requires property-level financial tracking, not just company-wide totals.

Management company bookkeeping

We maintain the management company's own books — management fees earned, operating expenses, payroll, and overhead — separately from the funds managed on behalf of owners.

Tenant ledger and rent reconciliation

We reconcile tenant charges and payments against your property management software and bank records, identifying discrepancies and keeping ledgers current.

Security deposit tracking

We track security deposits separately and record applications or returns accurately when tenants move out.

Owner distribution support

We support the preparation of owner statements and reconcile distributions against collected rent, vendor payments, and management fees.

Property-level financial reporting

We organize financials by property so you can see income, expenses, and net operating results for each property you manage.