Real Estate Accounting

REAL ESTATE ACCOUNTING is complex and time consuming, and ACRE has in-depth operational knowledge combined with comprehensive accounting experience to make it a streamlined process. ACRE understands compliance reporting requirements and the fluctuations of property financial performance.  ACRE’s Accounting Department will oversee all accounting records and provide reports on your property’s activity and performance.  When necessary, we will advise our clients to help increase profits, manage expenses and operate more efficiently.

REAL ESTATE ACCOUNTING SERVICES:

✓ Process Daily Rents and Manage Accounts Payable and Receivable

✓  Input New Tenant Entries and Update Rent Rolls, Contact Lists and Reports

✓ Manage, Process and Track Debt Service, Principal and Interest

✓ Reconcile Monthly Bank Statements

✓ Prepare Monthly Rent Statements

✓  Assist in Preparation of Annual Budget, Monthly Financial Package, Tax Records and Audits

✓ Create, Track and Manage Amortization and Depreciation Schedules

✓ Perform Mid-Year Expense Review and Annual Reconciliation Paperwork

✓ Process Bad Debts and Track Judgments, Liens and Promissory Notes

ACRE Real Estate, LLC
Contact Us at 612-251-1796  or cschultz@acrere.net