Rent & Other Charges
Rent, late fees, and other tenant charges recorded to the property and unit they belong to.
Commercial & Residential Rentals
For owners who put their properties to work.
THE FINANCIAL REALITY
To a tenant, it’s a home or a workplace. To you, it’s a business.
Whether you own a single house or a full portfolio, every property runs the same way: rent comes in, expenses go out, and deposits sit in between.
Each unit pays on its own schedule, repairs don’t wait for the first of the month, and a single vendor bill can cover more than one building.
Each month, we record every payment and expense to the property it belongs to and reconcile your accounts, so you can see how each property is doing.
Property Expenses
Maintenance, utilities, insurance, and vendor bills assigned to the properties they serve.
Security Deposits
Deposits received and returned, recorded separately from rental income.
Monthly Reconciliations
Bank accounts, rent received, and open tenant balances reconciled each month.
WHO WE SUPPORT
Built for every kind of rental property.
Residential or commercial, one unit or many, we work with you.
Single-Family Rentals
Homes and townhomes leased to individual households.
Duplexes & Small Multifamily
Two- to four-unit buildings, including owner-occupied ones.
Apartment Properties
Buildings with five or more units and larger residential communities.
Office & Professional Suites
Medical, legal, and general office space leased by the suite.
Retail & Mixed-Use
Storefronts and properties with commercial and residential tenants.
Industrial & Warehouse
Self-storage, flex space, and distribution buildings.
PROPERTY PERFORMANCE
See what each property earns after operating expenses.
Rent in the bank is a starting point. What a property earned depends on what it cost to run. When income and expenses are recorded property by property, monthly reporting shows what remains after operating it.
Rental income recorded by property and by month.
Repairs, utilities, taxes, insurance, and other operating costs assigned by property.
Each property’s income and operating expenses included in monthly reporting.
ILLUSTRATIVE PROPERTY OVERVIEWMonthly revenue and operating expenses
EXAMPLERENTAL REVENUE$20,000
Taxes, insurance & utilities$5,500
Repairs & maintenance$2,500
Net operating income$12,000
Net operating marginNet operating income ÷ rental revenue60%
Illustrative figures only. Excludes debt service, capital expenditures, depreciation, and income taxes. Actual results depend on the records submitted and expense classifications.
THE LEASE CYCLE
From move-in to move-out.
Every tenancy moves through the same stages, and each one shows up differently in the books.
Move-In
The security deposit is recorded as money held for the tenant, and the first month’s rent, including any proration, is applied to their ledger.
Each Month
Rent, late fees, and payments are posted to the tenant's ledger as they come in.
Renewal
The tenant's rent schedule is updated with the new rent and lease dates, starting on the renewal date.
Move-Out
Deductions and the deposit refund are recorded against the amount held, and the tenant’s balance is closed out.
HOW WE HELP
Explore what we do for rental owners.
Use one or all of them. Each one fits how rental properties run month to month.
Bookkeeping
Rental charges, receipts, vendor bills, and payments recorded and reconciled each month, with activity organized by property.
Explore BookkeepingAccounting
Adjusting entries, monthly financial statements, and property-level reporting on rental income and operating expenses.
Explore AccountingController
Close schedules, controls, budgets, and financial reporting procedures across your rental properties.
Explore ControllerPayroll
Leasing, maintenance, and on-site staff payroll coordinated with your payroll provider, with records ready for your books.
Explore PayrollBusiness Formation
Formation filings, registrations, and initial records organized for a new rental-property business.
Explore Business FormationQUESTIONS BEHIND THE WORK
The questions owners ask every month.
Your monthly reports answer them property by property, so you’re not piecing it together from bank statements.
?Which tenants are behind on rent or other charges?
?How much did each property bring in this month?
?Which property is costing the most to maintain?
?Which leases are coming up for renewal?
?What security deposits are being held, and for which tenants?
?Which bills and mortgage payments are due this month?
GET STARTED
Schedule a Consultation
Let’s talk about your properties.
Schedule a consultation to discuss how you handle rent, property expenses, and monthly reporting, and where we can help.