Accounting & Reporting
We believe you should be informed at all times of the financial state of your property and the factors that influence changes. The financial reports we generate are comprehensive and thorough, but still easy to understand. Your books can be kept on a cash basis or accrual basis. We can customize reports upon request and can provide digital or physical copies.
Financial Statements
- Current Month Owners Statement with year-to-date
- Current Month Profit & Loss with year-to-date
- Balance Sheet
- Statement of Cash Flow
Income Detail
- Rent Roll
- Tenant Specific Income Detail to include common area maintenance, property tax and insurance (NNN) charges
- Tenant Aged Receivables Report including delinquencies
Expense Detail
- Check Register
- Unpaid Invoice Detail
Bank Reconciliation
Reporting Descriptions
Owners Statement
Details both beginning and ending cash account balances showing all income and expenses for the period. The analysis is prepared for both current month and year-to-date.
Profit & Loss Statement
Details incomes and expenses for a given period. The analysis is prepared for both current month and year-to-date.
Balance Sheet
The project balance sheet displays asset, liability, and equity balances by major account group as of the start of the calendar or fiscal year, and as of the date the report is requested.
Statement of Cash Flow
Detailed description of all monies in and out of the operating account. This includes a report of Cash Receipts which displays all activity that has been recorded through the accounts receivable system. Information is summarized by lessee and receipts are listed in date order.
Rent Roll
The rent roll report displays detailed lease information by lessee for a given property. It can be used to verify lease start and end dates, square feet leased, rental rate, and monthly rental amount.
Tenant Specific Income Detail
Rents and NNN charges paid by each tenant for any specified period.
Aging Reports/Delinquencies
The Aged Receivables Report spreads all outstanding receivables over 30, 60, 90 and 90+ day categories by tenant. Shows date receivables were originally billed.
Check Register
This report displays all payments that have been recorded through the accounts payable system. Information is summarized by account and payments are listed in check number order.
Outstanding/Unpaid Rent & Invoices
This report details an unpaid rent and invoices as of the date the information is requested.
Bank Reconciliation with Bank Statements
In order to maintain the highest degree of accuracy in the accounting records, cash amounts per the general ledger are reconciled to the bank balance on a monthly basis. When the bank statements are received around the 10th of each month, any items in transit are recorded and the bank balance is tied out to the cash balance on the balance sheet.
