Yardi Accounting for Multifamily Properties
Yardi Certified Accounting Partner
Yardi Accounting
for Multifamily
Properties
Get streamlined, accurate, and scalable Yardi accounting services tailored for multifamily property managers and real estate portfolios.
100+ Properties Managed
Yardi Certified Experts
Serving USA, UAE & India
Accuracy
99.8 %
Avg. Time Saved
40 hrs/mo
Introduction
Multifamily Accounting,
Financial management in a multifamily property portfolio is much more complicated than typical bookkeeping — and it deserves a system built for real estate.
The Challenge
Why spreadsheets break in multifamily portfolios
Financial management in a multifamily property portfolio is much more complicated than typical bookkeeping. Property managers require more than a spreadsheet to keep track of hundreds of rent payments, lease cycles, shared costs, and generate reports that are investor-friendly; a system designed to work with real estate is required.
- Automated rent & lease cycle tracking
- Investor-ready financial reporting
- Shared cost allocation across properties
- End-to-end month-end close handled for you
50–5,000+
Units Managed
99.8%
Reporting Accuracy
Certified
Yardi Experts
🔧
The Yardi Advantage
Yardi accounting for multifamily properties
— streamline, scale, succeed
Yardi accounting for multifamily properties, which helps in streamlining financial operations, improving reporting accuracy, and ensuring compliance with large property portfolios. Yardi provides you with the automation, visibility, and control your business requires, whether you run a 50-unit apartment complex or a 5,000-unit residential portfolio.
Even the finest software, however, gives poor performance unless implemented by qualified personnel and monitored on a daily basis. Here we enter. With our certified Yardi accounting system, you can set up as well as close your books at the end of the month. We do all the accounting so that you can grow your portfolio and not close books.
We Handle It All
- 1 System setup & configuration
- 2 Daily transaction posting
- 3 Bank reconciliations
- 4 Month-end close
- 5 Investor reporting
What is Yardi Accounting for Multifamily Properties?
Yardi is a widely used real estate accounting and property management system that is used worldwide. It offers specially designed residential, commercial, and mixed-use portfolio services. When it comes to a multifamily structure (apartments, residential complexes, and build-to-rent communities), Yardi provides a single ecosystem that connects the leasing, accounting, maintenance, and reporting.
Yardi Voyager, an enterprise-scale system with multifamily accounting capabilities designed to support large and complex portfolios, and Yardi Breeze, is a streamlined and easier-to-use cloud-based system, suitable for small to mid-size property managers.
Rent roll management
Lease tracking
Expense allocation
Owner reporting
Accounts payable automation
CAM reconciliation
Budgeting and forecasting
In contrast with generic accounting software, Yardi is developed based on the reality of property management, therefore making it the industry standard of multifamily operators who must have accuracy, scalability, and compliance built into it.
Yardi Voyager
Enterprise-grade ERP for large multifamily portfolios.
- ✔ Multi entity accounting
- ✔ Advanced reporting
- ✔ Custom workflows
- ✔ Investor portals
Yardi Breeze
Simplified property management for small portfolios.
- ✔ Easy onboarding
- ✔ Online rent collection
- ✔ Maintenance tracking
- ✔ Owner & tenant portals
RentCafe
Resident-facing platform for leasing and payments.
- ✔ Online applications
- ✔ Digital lease signing
- ✔ Resident payments
- ✔ Marketing sync
Our Yardi Accounting Services for
We provide Yardi accounting end-to-end services to multifamily property managers, real estate investors, and management companies. We are modular in our services as you can use us either on a per-function basis or refer to us your full accounting operation.
💰
Accounts Payable & Receivable
We handle the entire vendor payment and billing of tenants in Yardi. Our team makes your AP and AR books up to date and correct, coding and approving invoices, posting rent receipts, and calculating late fees. We remove errors of manual entries, minimise delays in payments, and keep auditing trails clean on all transactions.
🏦
Banking/Credit card reconciliation
All bank accounts and credit cards attached to your portfolio of property are reconciled monthly- or more often, should your business volumes warrant it. We reconcile transactions in Yardi and your bank statements and sort out any discrepancies. You will never lose sight of your true cash situation.
🧾
Rent Roll Reconciliation
Your rent roll is the financial core of your multifamily portfolio. We reconcile rent rolls monthly to ensure that all the rents, deposits, concessions, and charges of all the units are appropriately captured in Yardi. The lease variances and posted charges are identified and fixed before they lead to downstream reporting issues.
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Financial Reporting: P&L, Balance Sheet, etc.
We upload your financial reports to investors, lenders, and internal stakeholders when they are needed and when they are required. This includes property-level Profit and Loss statements, Balance sheets, Cash flow statements, variance reports compared to the budget, and unique owner reports in a format to suit your preference. All reports are created through Yardi, and there is data integrity.
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CAM Reconciliation
Common Area Maintenance reconciliation is one of the most complex and time-consuming tasks in property accounting. We handle the entire CAM reconciliation process - calculating the percentage that each tenant has to pay of the operations costs, comparing the estimates to actual costs, preparing reconciliation statements, and recording adjustments in Yardi.
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Budgeting & Forecasting
With your team, we work together to prepare annual operating budgets per property in Yardi and track performance against those budgets on a monthly basis. Our forecasting service can help you to predict cash deficits, budget capital expenditures, and make plausible financial forecasts to investors and lenders.
📅<
Month-End & Year-End Close
A clean, timely close is what makes reliable financial reporting. All your month-end and year-end close processes in Yardi - journal entries, accruals, prepayments, depreciation post, and account reconciliations. The tax season package is made and is prepared to give to your CPA or auditor at a cost and time-saving.
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.
Real-time Financial Visibility
stay informed and get current reports and dashboards anytime, anywhere, without end-of-month closes and waits.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Automated Rent Tracking
Yardi gets rid of manual rent posting, minimizing errors and making sure that all payments are properly recorded and at the right time.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Reduced Accounting Errors
systematic reconciliation procedures and professional controls detect discrepancies and prevent them before turning into costly corrective actions.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Scalable for Growing Portfolios
be it 10 units or 10 properties, Yardi and our team scale with you without demanding a similar increase in your internal accounting staff.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Compliance with US GAAP
all financial statements and reporting are prepared under Generally Accepted Accounting Principles, to keep you audit-ready at all times.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Quick owner reporting
automated reports in Yardi will ensure that investors and owners get up-to-date information, and this is timely and accurate.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Improved decision-making
now you can make decisions about rent prices, capital spending, and expansion of the portfolio based on trustworthy information at your fingertips.
99.8%
ACCURACY
40h
SAVED/MO
100+
PROPERTIES
Why Choose Us for
There is not any kind of shortage of accounting firms. What makes us different is our profound and specialized Yardi and multifamily real estate experience - paired with a service model aimed at providing enterprise-quality accounting at an affordable price level.
01
Certified Yardi Professionals
We have trained and certified accountants who are trained in both Yardi Voyager and Yardi Breeze. We are not learning on the job with your data; we come with proven experience to every engagement on day one.
02
Multifamily Portfolio Experience
Some of the apartment communities, build-to-rent portfolios, student housing operators, and mixed-use residential complexes we have worked with. The ins and outs of multifamily accounting, such as lease-up cycles and CAM pooling and owner waterfalls, are familiar to us.
03
Cost-Effective Offshore Model
Our offshore delivery approach provides you with access to high-quality accounting resources at a small portion of the cost of developing a similar in-house team. You have professional individuals, not junior workers, being rotated.
04
Dedicated Account Manager
Each client will have an account manager devoted to them, and he will be familiar with your portfolio, your preferences in reporting, as well as your business objectives. There is always one person to get in touch with, no lines of people waiting in line with tickets, no chat rooms of mysterious people.
05
Data Security & Compliance
We are bound by very strict confidentiality agreements and adhere to the industry standard data security practices. Role-based, audited, and controlled access to your Yardi environment. Financial information does not ever stay in a safe, controlled space.
Who
Yardi accounting is designed for organizations where financial precision and efficiency cannot be compromised.
Apartment Complexes
whether it is a 20-unit building or a 500+ unit development, we do all the accounting of these buildings uniformly and accurately.
Property Management Companies
third-party managers who manage portfolios on behalf of multiple owners trust us to provide clean, owner-specific reporting without increasing internal headcount.
Real Estate Investors
individual and institutional investors in need of transparent, GAAP-compliant financials to meet lender, partner, and tax requirements.
REITs (Real Estate Investment Trusts):
publicly and privately owned REITs owning multifamily properties rely on strict accounting and reporting practices. We champion such requirements in the Yardi business model.
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.
01
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
02
Yardi Setup / 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.
03
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.
04
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.
05
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.
Enterprise ERP
Yardi Voyager
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.
Easy & Fast
Yardi Breeze
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.
Resident Portal
Yardi RentCafe
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.
Frequently Asked
What is the Yardi accounting of multifamily real estate?
In multifamily real estate, Yardi accounting is the application of the Yardi platform (typically Yardi Voyager or Yardi Breezes) to oversee all financial transactions of residential rental buildings. These are rent roll, lease tracking, accounts payable and receivable, CAM reconciliation, and multifamily-specific financial reporting.
So, what is the Yardi doing to help property managers?
Yardi offers property managers with a centralized solution to track rents, leases, automate payables, reconcile bank accounts and create real-time financial statements. This reduces the level of manual labor, the accounting errors and the data visibility that is necessary to manage large portfolios.
Does Yardi deal in big portfolios?
Absolutely. Yardi Voyager is created to support portfolios of enterprise size (hundreds or thousands of units). It is based on multi-entity and multi-location real estate designs and scale as well as an expansion of your portfolio.
What reports are possible with Yardi in respect of multifamily properties?
ardi assists in supporting a broad spectrum of reports, including Profit and Loss statements, Balance Sheets, Cash flow statements, rent roll reports, CAM reconciliation reports, budget variance reports, and totally customized owner reports.
Do you have clients in the United States?
Yes. The majority of our customers are based in the United States, and our staff operates within the US business hours to ensure that it can communicate in real-time. We are also equipped to cater to customers in the UAE and India.
What is the difference between Yardi Voyager and Yardi Breeze?
Yardi Voyager can be defined as an enterprise-level application that suits large property management companies with multi-entity portfolios. Yardi Breeze is a simpler and lighter cloud-based system targeting smaller to medium-sized operators, which may require a simple-to-use and fast-to-implement system.
What do you do about data security for our accounting data?
We have a high degree of confidentiality and an NDA. Your Yardi environment is role-based, controlled, and audited. Any files that are transferred are encrypted, and we adhere to documented security measures in order to make sure that your financial information is safeguarded at any given moment.
Ready to Simplify Your
Multifamily Accounting?
Book a free consultation with a Yardi expert and see exactly how much time and money you can save.