LA Swan Consulting LLC has been providing bookkeeping and accounting to local property management companies, landlords, and real estate investing businesses in the Los Angeles area. We are familiar with rent collection, owner distributions, tenant agreements. We can provide your business with the tools you need to manage your finances.
Property Management and Real Estate Accounting
PRoperty management and real estate ACCOUNTING
and bookkeeping services we can provide:
- Manage day-to-day processing of A/R and A/P, data entry, vendor bills, deposits, general ledgers, and accounting entry
- Provide reports, data entry, verify accounting records, filing
- Properly track expenses per building/unit, and/or investment company or group
- Reconcile monthly bank statements and credit cards statements, including reviewing unauthorized purchases, lost checks or deposits, and unidentified transactions
- Oversee and manage vendor, contractor and tenant agreements and compliance on a monthly basis or as needed
- Coordinate and manage property budgets for positive cash flow
- Invoice tenant monthly, if needed, and follow up on uncollected rent payments
- Manage owner or partner distributions
- Collection and recording of association fees
- Tax compliance and preparing documents for business license tax, property tax, and various industry specific tax filings
- Managing CAM reconciliations and reporting
- Manage payroll and with online and offline timekeeping systems
- Develop and manage the annual or monthly budget and monitor cash flow
- Generate monthly, quarterly, and year-end reports for the company
- Oversee business and property insurance policies
- Prepare yearly 1099’s and W-2’s
- Organized and prepare any tax related requirements and coordinate with outside CPA firms
- Serve as a liaison with all outside vendors, as required