Real Estate Accounting Services for Property Owners, Managers, and Operators

You didn't add doors to spend your nights reconciling trust accounts.

20+

95%+

75+

ISO 27001

30–40%

What changes on our books

You Arrive to Zero Backlog and

Property management companies, REITs and funds, commercial and residential operators, and construction groups rely on Outsourced Bookkeeping for real estate accounting services that keep their books accurate and closes on schedule.

01

We Diagnose First

We audit every property, account, and prior report before the first close, so month one starts from an accurate baseline, not carried-over errors.

02

We Run The Monthly Close

Reconciliations, payables, receivables, and CAM close on a fixed schedule each month, run by a team, not one person.

03

You Get Audit-Ready Reports

Statements arrive complete, with reconciliation detail attached, so owners stop asking questions and start reading numbers.

What we do

What's included in our real estate accounting services

Everything your books need, from daily entries to year-end reporting, handled inside the software you already run.

Full-cycle bookkeeping and accounting

Our team records every transaction and codes it to the right account, keeping the chart of accounts clean across the entire portfolio — not just the properties someone happened to check that month.

Our core service

Accounts payable

Vendors are onboarded before they're paid — COI, W-9 and banking details verified — and every invoice is three-way matched against the contract and proof of completed work before it enters a weekly payment run.

AR and tenant ledgers

Rent posts the day it hits the account. Tenant balances stay current instead of catching up in batches at month-end.

CAM reconciliation

We check actuals against estimates and calculate each tenant's recovery on their pro-rata share — caps, exclusions and base-year terms read off the lease, not assumed.

Month-end close and owner statements

Books close on the same date every month. Owner statements go out with the P&L and balance sheet already attached, not sent separately days later.

Trust and three-way reconciliation

Every period we tie three balances together on the same date: the trust account's bank statement, its balance in your general ledger, and the sum of every tenant and owner sub-ledger. No owner ledger runs negative, no deposit is funded by someone else's money — the trust and escrow three-way reconciliation a state audit asks for, produced monthly rather than reconstructed under pressure.

Cleanup, catch-up and migrations

We rebuild historical records, trace out-of-balance accounts back to the source, and move the whole portfolio to a new platform without losing the audit trail.

Financial reporting

Trial balances, property statements, board packages — built in the format your stakeholders actually read, not whatever the software exports by default.

Bank and credit-card reconciliation

Every operating, credit-card, trust and security-deposit account is reconciled to the general ledger every period — deposits in transit and outstanding items identified and cleared, not carried forward.

Who we serve

Real Estate Bookkeeping

Hover a floor to light it up

One roll-up, every unit

Property Management Companies

Real estate bookkeeping that scales with the portfolio you're running today, not the one you had six months ago.

Books that keep pace with growth
Full-cycle bookkeeping & accounting
Owner statement preparation
Vendor bill processing & AP
Rent-roll & deposit matching
Monthly reporting, delivered on schedule
Talk to us about property management accounting
Door-by-door clarity

REITs & Real Estate Funds

Real estate fund accounting and property-level reporting run together, so nothing gets lost in the handoff.

Capital call processing
Investor distribution tracking
Consolidated statements across entities
Property- and fund-level reporting
Multi-entity accounting support
Investor-ready financial packages
Lease-accurate books

Commercial

Every lease clause read before a dollar gets billed or recovered, so your numbers hold up when challenged.

CAM reconciliations
Percentage rent off actual sales
Escalation clause tracking
Lease-by-lease clause verification
Tenant billing & dispute-ready numbers
Commercial portfolio reporting
Talk to us about commercial real estate accounting
Costed to the draw

Construction & Developers

Job costing tracked by project, not treated like standard bookkeeping, so margin problems surface before closeout.

Draw & retainage tracking
Cost-to-complete by project
Lender-ready financial reporting
Job-cost coding & vendor onboarding
Progress billing support
Sage 300 CRE + TimberScan (one Canadian client runs full AP cycle here)
Talk to us about construction accounting
Audit-ready always

Multifamily

Books tracked daily at the pace multifamily actually runs, not caught up once a month.

Daily move-in & move-out tracking
Security-deposit ledger matching
Same-week occupancy updates
Acquisition onboarding & billing-error audits
Unit-level income & expense tracking
Rent Manager-trained team, 20+ accountants deep
Talk to us about multifamily accounting
Costed to the draw

Single-Family & Residential Operators

Every scattered address tracked on its own, so a portfolio built one house at a time still reads as one clean set of books.

Per-property income & expense tracking
Three-way trust reconciliation on deposits
Portfolio-wide consolidated reporting
Scattered-site accounting, one system
Owner statement delivery per property
No tenant deposit funds another's shortfall
Boards can read it

HOAs & Condo Associations

Board-ready statements and reserve schedules built to survive the exact question every annual meeting eventually asks.

Board-ready financial statements
Reserve fund schedule tracking
Three-way trust reconciliation on reserves
Assessment collection tracking
Annual meeting-ready reporting
No association's reserve funds another's shortfall
Talk to us about HOA accounting services
Costed to the draw

Manufactured Housing Communities & RV Parks

A specialty few firms offer, built around lot rent and seasonal occupancy instead of a standard template.

Lot rent tracking & billing
Seasonal utility billing management
Occupancy tracking through seasonal swings
Specialty workflow, not generic template
Vendor & utility invoice processing
Built for a niche most firms skip
Where we work

Real Estate Accounting Inside the

Your platform's already chosen, and we're not here to change that. We run inside whatever system your portfolio's built on.

obk://sync/yardi Synced

>  connect --platform "Yardi"

  Yardi — connection established

Voyager & Breeze, end to end

Full-cycle accounting inside Voyager 7S & 8, Construction Manager, Commercial, and Breeze, from intercompany work to leaner single-portfolio setups.

Intercompany entries & consolidations
Construction Manager and Commercial module support
Yardi Payscan Support
Voyager 7S & 8 expertise
Breeze & Breeze Premier setups
Trust & owner-draw reconciliation
Monthly close & reporting
obk://sync/appfolio Synced

>  connect --platform "AppFolio"

  AppFolio — connection established

AppFolio

Owner draws, management fees, and portal statements handled inside AppFolio itself, the same day, every time.

Same-day owner-draw posting
Management-fee processing
Small Bills Entry Invoice Support
Portal statement publishing
Trust & deposit reconciliation
Bank & operating account tie-out
Back-book cleanup on migrations
obk://sync/rent-manager Synced

>  connect --platform "Rent Manager"

  Buildium — connection established

Rent Manager

Authorized Rent Manager Solution Provider, running reconciliations the way the platform actually expects, not around it.

Authorized Solution Providers
Native reconciliation workflows
Tenant & vendor ledger management
Utility audit & billing review
Owner statement publishing
Acquisition portfolio onboarding
obk://sync/realpage Synced

>  connect --platform "Realpage"

  Rent Manager — connection established

RealPage (Including OneSite, Buildium and Propertyware)

Reconciliations and owner statements handled directly inside RealPage and Propertyware, nothing exported to a spreadsheet and lost.

In-platform reconciliations
Owner statement generation
Utility & vendor invoice intake
Three-way maintenance invoice matching
Multi-portfolio SFR support
Monthly close inside the platform
obk://sync/mri Synced

>  connect --platform "MRI"

  Entrata — connection established

MRI

Multi-entity reporting and complex chart-of-account structures run inside MRI, without flattening the structure to make the job easier.

Multi-entity consolidated reporting
Complex chart-of-accounts support
Intercompany transaction handling
Property and fund-level statements
Monthly close & reconciliation
Investor-ready reporting packages
obk://sync/entrata Synced

>  connect --platform "Entrata"

  QuickBooks — connection established

Entrata

Unit-level accounting for larger multifamily operations, built to keep pace with Entrata's scale.

Unit-level income & expense tracking
Large-portfolio multifamily support
Move-in/move-out processing at scale
Deposit ledger matching
Owner statement delivery
Occupancy-driven reporting updates
obk://sync/sage Synced

>  connect --platform "Sage"

  QuickBooks — connection established

Sage (Including Intacct, 300 CRE etc.)

General ledger work in Sage paired with invoice approvals in TimberScan, run together, not one propped up by the other.

Job-cost coding in Sage
TimberScan invoice approvals
Draw & retainage tracking
Progress billing support
Vendor onboarding & AP
Lender-ready financial reporting
obk://sync/quickbooks Synced

>  connect --platform "QuickBooks"

  QuickBooks — connection established

QuickBooks (ProAdvisors for Desktop and Online)

Clean, right-sized bookkeeping for single-market operators and smaller portfolios, no bigger system pushed on you.

>  run backoffice.tasks --live

Full-cycle bookkeeping & AP
Bank & trust reconciliation
Owner statement preparation
Cleanup & catch-up work
Monthly close & reporting
Migration support if you scale up
obk://sync/microsoft-dynamics-365 Synced

>  connect --platform "Microsoft Dynamics 365"

  QuickBooks — connection established

Microsoft Dynamics 365

Real estate accounting run inside Dynamics 365 alongside your other business units, without carving accounting out separately.

>  run backoffice.tasks --live

Multi-entity, multi-unit structure support
AP & AR across business units
Vendor & tenant reconciliations
Monthly close & reporting
Trust & deposit tracking
Integration with existing ERP workflows

There is no migration and no new login for your team. Just outsourced real estate accounting that shows up inside whatever you're already running

Why Property Managers Choose

We work directly inside Yardi, AppFolio, Rent Manager, and the platforms you already use. Trust accounts reconcile correctly, CAM holds up under review, and owner statements arrive complete and on time. Since the last two decades, institutional owners have depended on this accuracy.

Team

A Dedicated Team

Your books are handled by a dedicated India-based team of trained real estate accountants, not a rotating pool of freelancers and not a single overworked bookkeeper. Every accountant on your account specializes in property accounting, including trust reconciliations, CAM, owner statements, and the aspects of this work that generic bookkeeping experience doesn't teach anyone.

Office

A US Front Office

Our front office sits in Miramar, Florida. With our real estate accounting outsourcing, you get both, the production capacity that scales without US-market salaries attached to it and a US team that's accountable to you directly.

Business

Overnight Turnaround

The time difference is an advantage here. Send something over during your business day, and it's ready by the time you're back at your desk tomorrow, not sitting in a queue waiting on someone. If you're wondering how fast you could actually be up and running, how our onboarding works walks through it step by step. We have a lot of common working hours with our clients in the United States, so we are always available for calls and meetings when you need them.

Certification

ISO 27001 Security

ISO 27001 security compliance isn't a certificate we hung on the wall. Access controls, audit trails, how data gets handled- all of it was built around this standard, because outsourcing doesn't mean a lower bar for financial data.

Security

The Actual Number

30-40% cost savings versus hiring in-house. It’s not a rough estimate, not a best-case scenario; that's the realistic range once you account for salary, benefits, training, software, and turnover on an in-house hire.

We're not going to pretend the team sits down the hall from you. It doesn't. What we built instead is a structure that makes the distance not matter: trained specialists doing the work, a US office that owns the relationship, delivery that beats your own business hours, and security that doesn't flex just because the accounting happens somewhere else.

The process

How Onboarding Works, Step by Step

Four clear steps from the first document to your year-end review — the same disciplined workflow behind every close we run.

STEP 01

Free Consultation

We talk through your portfolio, your current software, and what's actually going wrong with the books today. We have a real conversation about where things stand.

STEP 02

Review of Your Current Books

Before anything moves, we go through what you've got. Every property, every account, every report, so we know exactly what we're inheriting instead of guessing.

STEP 03

Transition & Setup Inside Your Software

We move into your platform, not the other way around. Whatever you're running, Yardi, AppFolio, Rent Manager, or something else, that's where the work happens from day one.

STEP 04

Monthly Cadence, Owner-Ready Reporting

Once we're live, the books close on schedule every month, and owner statements go out ready to hand over, no follow-up questions needed.

Case Studies

Real Estate Accounting

01
Platform Migration

A Full-Scale Platform Migration

For a commercial owner-developer group with multiple affiliated entities, we are managing the complete transition from QuickBooks Online to Yardi Voyager 8, including chart of accounts, intercompany structure, and the Construction Manager module. Our team handles end-to-end accounts payable, progress billing on both the contractor and receivable side, and CAM reconciliations across their commercial portfolio. Before any vendor is paid each week, we verify insurance coverage, W-9 documentation, banking details, and confirm that every bill matches the contract, the work order, and the actual stage of completion.

02
Single-Family Rental

Single-Family Rental Accounting at Scale: Sylvan Homes

For Sylvan Homes, a single-family rental operator managing thousands of units across multiple portfolios on RealPage Propertyware, our 15+ person dedicated team processed thousands of utility and vendor invoices each month, sourced from hundreds of utility, insurance, and vendor portals, and entered them by the seventh of each month. We held every maintenance invoice to a three-way match: the bill, the work order, and photographic proof of completed work with the tenant's signature, before it reaches the property manager for approval.

What Michelle from Sylvan Homes said about our services

“I had the pleasure of working with Sunil and the team at Outsourced Bookkeeping during my time leading operations at Sylvan Road, an SFR property management company.

They genuinely became an extension of our team. They handled our accounts payable, lease extraction, and keeping our tenant records accurate and up to date. What really stood out was how they stayed on top of utility invoices: downloading, saving, and processing every one on time, so we never got hit with late fees.

Sunil and team delivered consistently, even under tight deadlines. If you're looking for a reliable, detail-driven accounting partner, I'd recommend Outsourced Bookkeeping without hesitation!.”

Michelle Gonzalez · Fractional VP Operations, Sylvan Homes
03
Long-Term Partnership

Hired Twice, at Two Companies He Founded

Simon Frost has brought us in twice, at two different companies he co-founded. The first engagement ran from 2008 to 2014, with the books on QuickBooks Desktop. When he founded Tiber Capital Group in 2016 he engaged us again, this time on Microsoft Dynamics 365. Across both, a 15+ person team ran end-to-end accounts payable and receivable, weekly reconciliations for major vendors, and monthly tenant reconciliations. Both businesses were ultimately sold to large investors.

What Simon said about our services

“Sunil is a strong accountant with high integrity. I have worked with Sunil for seven years and during this time he has provided high quality work ranging from bookkeeping to tax returns and financial spreadsheets. Sunil is a pleasure to work with and always delivers a good product on time. Highly recommended.”

Simon Frost · CEO & Co-Founder, Tiber Capital Group

Rated 5 Stars on Clutch across multiple reviews.

Read our clients' reviews →

Real Estate Accounting

Real estate accounting covers the parts of bookkeeping general accounting doesn't touch: trust funds, tenant ledgers, CAM charges, owner statements. It follows its own rules for trust and escrow handling, and it reports property by property, not just company-wide. That's exactly where our real estate accounting services come in, not general bookkeeping with real estate tacked on.
A real estate accountant handles property-level bookkeeping, trust and escrow reconciliation, CAM true-ups, and owner statements, plus the compliance checks that don't come up in regular business accounting. Ours do this work full-time, not as one client type among many.
Yes, as a monthly three-way tie-out, not an end-of-year cleanup. We agree the trust bank statement, the trust balance in your general ledger, and the sum of every individual tenant and owner sub-ledger to the same figure on the same date and confirm no individual ledger has gone negative. That third leg is what proves no beneficiary's funds have been used for another's, and it's the check a state audit starts with.
We support Yardi (Voyager and Breeze), AppFolio, Rent Manager, RealPage (OnSite, Buildium and Propertyware), MRI, Entrata, Sage (Intacct, 300 CRE, etc.), QuickBooks (Proadvisors for Online and Desktop), and Microsoft Dynamics 365. We work inside whatever you're already running; no migration required.
It depends on your portfolio size and what you actually need. AP alone costs differently than full-cycle bookkeeping with CAM and trust reconciliation added in. A free consultation gets you a real number instead of a range that might not fit your situation.
Look for real estate specialization, not a general bookkeeping firm that happens to take real estate clients too. Ask which platforms they work in natively, whether trust reconciliation is a core service or an afterthought, and whether pricing stays transparent. If a firm hedges on any of that, keep looking.
Yes. We're ISO 27001 certified, which means access controls, audit trails, and data handling all follow that standard, not something added after the fact. Your books get the same security a financial institution would expect, regardless of where the accounting happens.
Onboarding runs in four steps: a free consultation, a review of your current books, setup inside your existing software, and then a normal monthly cadence. Most clients are fully transitioned within a few weeks, not months, since we move into your platform rather than asking you to change anything first.
No. You keep full access to your own accounting platform at all times, we work inside it, not around it. Owner statements, reconciliations, and reports are all visible to you the moment they're done, not held back until a scheduled update.

Talk to a Real Estate Accountant About Your Portfolio

We want to help you answer your real estate accounting questions quickly. Our team works with multiple clients across the industry, overseeing accounting operations for more than 50,000 single-family and multifamily rental units in total.

Written by Shubham Khullar

Shubham Khullar, ACA — Director, Outsourced Bookkeeping

Shubham Khullar, ACA

Connect with our team today

Reviewed by Sunil Khullar

Sunil Khullar, FCA — Founder, Outsourced Bookkeeping

Sunil Khullar, FCA
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