Yardi Accounting for Multifamily Properties
Yardi Accounting
for Multifamily
Properties
Outsourced accounting for multifamily property managers, owner-operators, and real estate portfolios, delivered by a team with 20+ years of real estate accounting experience, 75+ accountants on staff, and dedicated Yardi practitioners across Voyager, Breeze, and RentCafe.
What is Yardi Accounting for Multifamily Properties?
Yardi is a platform for managing residential properties and finances. Many owner-operators, property management companies, and big investors in the US use it. For apartment buildings, developments, student housing, and affordable housing, Yardi links leasing, finances, maintenance, and reporting all in one place.
The two main Yardi platforms for apartment operators are:
This one is for portfolios. It handles companies and locations, automates tasks, and works well with RentCafe and Yardi Maintenance.
This is a cloud-based system for smaller operators. It provides accounting without a lot of complicated setup.
Some key Yardi tools for apartment finances are:
These have the ledger, rent tracking, and lease tracking.
A resident-facing portal to pay rent online, manage leases, and for resident communications. It matches with Yardi's general ledger.
This helps with Section 42 rules, tenant income checks, and reports on units.
This tracks work orders. Connects with expense accounting.
Our Yardi
Accounting Services
Our engagement models are versatile. Some customers outsource all the accounting operations in their multifamily properties, starting from accounts payable and receivable processing to year-end closing, to us.
Others prefer to outsource some of these activities (for example, rent roll reconciliations, three-way bank reconciliations, and ownership reports). We can also provide one-time solutions, such as Yardi audit and migration from AppFolio to Yardi, or a redesigned chart of accounts.
Accounts Payable Receivable
We manage vendors and bill tenants in Yardi. This means invoicing coding, rent posting, calculating fees, and maintaining audit trails.
Banking & Credit Card Reconciliation
We reconcile all your accounts every month for your portfolios and ensure everything is balanced. If we notice anything wrong, we investigate it and resolve it, so that it does not create any downstream issues.
Rent Roll Reconciliation
We check that all rent, deposits, and charges for all units are correct each month in Yardi. We resolve any issues with the leases before month-end reporting.
Utility & RUBS Reconciliation
We allocate utilities and RUBS by unit and retain all supporting documentation for tenant transparency.
Occupancy & Vacancy Reporting
We track unit-level occupancy and vacancy with an account for lease commencement, lease end, turn time, and vacancy duration, presented in a format suitable for investor review
Affordable Housing Compliance (Section 42 / LIHTC)
We monitor compliance for properties with tax credits and/or income restrictions, assist with getting tenants to certify income, and do reports that comply with Section 42 and LIHTC.
Financial Statements (P&L, Balance Sheet, Cash Flow)
We provide you with investor-ready reports on time. These reports are profit and loss, balance sheet, cash flow, and budget variance. And we produce owner packages in Yardi
Budgeting & Forecasting
We create operating budgets for each property in Yardi. We track how well we do each month compared to the budget plan for capital expenditures and make cash flow projections for lenders and investors.
Month-End & Year-End Close
We do the close, including journal entries, accruals, prepayments, depreciation, and account reconciliations. We deliver the year-end package to your CPA on time.
Benefits of Yardi Accounting for Multifamily Properties
The returns associated with investing in expert Yardi accounting are quantifiable- not only in the level of accuracy, but also in time, decisions, and growth facilitated.
Why Choose Us for
20+ Years Operating Since 2004
We have been providing real estate accounting services since 2004, before most of our competitors did. This means refined processes, Yardi expertise, and a team of 75+ accountants who have solved (and solved again) every Yardi problem.
Yardi-Experienced Accounting Team
Daily hands-on Yardi work — Voyager Residential, Breeze, and RentCafe — across multifamily, affordable, and mixed-use portfolios. The team completes 600+ Yardi closes per year
US Front Office, India Delivery Centre
Your account manager is located in Miramar, FL - US time zone, accessible during the day. Our India team completes accounting work during their business day, so your close progress can be done overnight.
ISO 27001 Certified
Certified to ISO 27001. Role-based access to your Yardi environment, encrypted file transfer, full audit trail, and a documented incident-response process
Rent Manager Authorized Solution Partner
Recognized as a Rent Manager Authorized Solution Partner, a real software partnership earned through certified expertise, not a marketing claim. The same depth of practice extends to our Yardi work.
Cost-Effective Offshore Delivery
We offer dedicated real estate accountants, not apprentices, not generalists, at roughly a third of the fully-loaded cost of an onshore equivalent.
Who
Owner-Operators (50–500 units)
- Apartment complexes
- Build-to-rent communities
- Student housing operators
- Affordable housing / LIHTC properties
- Third-party property managers (Yardi Breeze or Voyager)
Institutional & REIT (500+ units)
- REITs with multifamily assets
- Institutional PMCs (multi-entity)
- Real estate investors with 5+ properties on Yardi Voyager
- Mixed-use residential portfolios
Our Yardi
Our onboarding and service delivery process is organized and tested to provide a seamless transition and deliver the same results even during the first month.
Requirement Analysis
The discovery session begins with a thorough discovery phase to learn about your portfolio size, the current Yardi installation, reporting needs, current points of pain, and the accounting processes. This will make sure that our service is configured specifically to your requirements.
Yardi Set-Up / Review
Before we start working continuously, we audit your current Yardi setup - chart of accounts, property setup, lease structure, and workflow rules and do the corresponding corrections or optimizations.
Data Migration
Should you need to transfer information to another system or even a former accounting team, we will handle the migration of past information to Yardi, with full validations to maintain consistency and accuracy.
Daily/Monthly Accounting
After onboarding, our team will handle your day-to-day and month-to-month accounting in Yardi - posting transactions, reconciling, maintaining payables, receivables, and clean books during the period.
Reporting & Review
We provide your financial reports, summaries of reconciliation, and any packages to the owners at the end of each period. Results are reviewed with your team, and any items that need to be addressed are noted; the next cycle is set up.
Yardi Platforms
Our group has a background in the entire Yardi product suite applied in multifamily properties.
Yardi Voyager
The business platform for large and complex portfolios. We are engaged in full-cycle accounting, reporting, and workflow management of the Voyager multifamily module and integration with third-party tools.
Yardi Breeze
The cloud-based system intended to be easy and fast. We cater to small to mid-size operators who need clean and efficient accounting without the intricacy of an enterprise deployment.
Yardi RentCafe
The portal connecting with Voyager and Breeze to accept online payments and manage leases. We match RentCafe payment data with your Yardi ledger to have all online transactions properly posted and accounted.
Affordable Housing module
Section 42 / LIHTC compliance, income certification, restricted unit reporting
Frequently Asked
What This Looks
We work with a 50,000 unit operator on Yardi Voyager Residential operating thousands of properties. We close the books 10 calendar days after the month-end. The three-way bank is approved by Day 6. Owner packages (P&L, balance sheet, rent roll summary, budget variance) are provided by Day 10 in a format accepted by the client's lender.