Real Estate-Property Management steps to close the year

Yes, most steps are the same for real estate or property management firms as with other businesses.  See my earlier post with the checklist here.  But there are other accounts that need review.  Reconciliation is key for making sure your records are accurate.  As well as checking your prepaid rent account, credit card accounts, etc.  Here is a video that shows you verifying a security deposit listing in my small LLC.  

If you need further help with your books and property management--we are the experts for you!  Visit Artesani Bookkeeping for more details.

Lynda Artesani

Lynda Artesani is the president of Artesani Accounting. Her firm specializes in working exclusively with the legal industry. She is passionate about helping her attorney clients migrate to modern cloud-based systems and become future-ready.​ ​ She is a Top 100 ProAdvisor, an alumni member of the Intuit Advisory Board and a member of the Intuit Trainer Writer Network. She also runs a Facebook group and a private group called The Accountant's Law Lab. It is a place where members can learn how to work with attorneys and law firms. Lynda lives in Southwest Florida. She is a registered yoga teacher and in her free time, you will find practicing yoga or walking on the beach.​