Intercompany Transactions for Real Estate Groups

Intercompany Transactions for Real Estate Groups

Intercompany transactions are payments, charges, and loans between entities that share an owner. In a real estate group, they happen all the time. The management company bills each property a fee. One property pays a bill that belongs to another. Cash moves between bank accounts. Each move must show up in both sets of books, […]

How to Shift from Yardi to Rent Manager?

Changing Yardi to Rent Manager is not a simple software change, but a complete business change. Yardi has been the mainstay of the operations in most property management firms. However, as portfolios expand and reporting requirements change, integrations become complicated, leading most teams to believe that Yardi is too inflexible, too costly, or too difficult […]

6 Common Bookkeeping Mistakes

6 Common Bookkeeping Mistakes Businesses Can Avoid

The most expensive common bookkeeping mistakes are not dramatic. They are just normal shortcuts, like an uncategorized transaction or a reconciliation put off until next week. Each one looks harmless enough on its own. Together, they build a backlog that later shows up as a slow close, a report nobody believes, or a tax filing […]

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