Who We Serve
Property Management For 3rd Party Owners
Our services
Property Management For 3rd Party Owners
Trust Account Bookkeeping
- Recording of receipts/deposits and bills/payments.
- Reconciliation of Operating (Trust) Account.
- Reconciliation of Escrow (SD) Account.
- Reconciliation of credit card.
Vendor Accounts Payable:
- Entry of bills.
- Processing vendor payments through billpay check or ACH (in AppFolio).
- Management of vendor communication.
- Adding vendors' profiles and collecting and entering W9 information.
- ADD-ON: Filing Owner and Vendor 1099s (add-on at $30 per 1099 for owners or vendors).
- Other Accounts Payable:
- Processing of management fees.
- Processing of owner payouts.
Financial Review:
- Review of Income Statements and Balance Sheet reports for Owners
- Reclassification of expenses as needed.
- Cleanup and troubleshooting of the Diagnostics Report.
- Review of owner statements.
- Preparation and submission of financial packets on the owners’ portal.
Other
- Cleanup and update of inaccurate books.
- Processing of move-out accounting.
- Corporate Accounting.
- Adding and setting up properties, units, and tenants.
- Adding bank accounts.
- Updating tenant and homeowner ledgers.
- Setup of Chart of Accounts.
Bookkeeping (per entity):
- Recording of receipts/deposits and bills/payments.
- Reconciliation of Operating (Trust) Account.
- Reconciliation of Escrow (SD) Account.
- Reconciliation of credit card.
Vendor Accounts Payable:
- Entry of bills.
- Processing vendor payments through billpay check or ACH (in AppFolio).
- Management of vendor communication.
- Adding vendors' profiles and collecting and entering W9 information.
- ADD-ON: Filing Owner and Vendor 1099s (add-on at $30 per 1099 for owners or vendors).
- Other Accounts Payable:
- Processing of management fees.
- Processing of owner payouts.
Financial Review:
- Review of Income Statements and Balance Sheet reports for Owners
- Reclassification of expenses as needed.
- Cleanup and troubleshooting of the Diagnostics Report.
- Preparation and submission of financial packets on the owners’ portal.
- Review of owner statements.
Other
- Cleanup and update of inaccurate books.
- Processing of move-out accounting.
- Corporate Accounting.
- Adding and setting up properties, units, and tenants.
- Adding bank accounts.
- Updating tenant and homeowner ledgers.
- Setup of Chart of Accounts.
Not Sure What Services You Need? Let’s Figure It Out Together.
Every property management business is unique, and we’re here to provide tailored solutions that fit your needs. Whether you know exactly what you’re looking for or need guidance on what to outsource, we’ve got you covered.
Get in touch with us today, and we’ll craft a personalized proposal that aligns with your goals, help you save time and reduce stress to focus on what you do best.
Not Sure What Services You Need? Let’s Figure It Out Together.
Every property management business is unique, and we’re here to provide tailored solutions that fit your needs.
Whether you know exactly what you’re looking for or need guidance on what to outsource, we’ve got you covered.
Get in touch with us today, and we’ll craft a personalized proposal that aligns with your goals, help you save time and reduce stress to focus on what you do best.
Contact us
info@appfoliobookkeeping.com
(801) 692-0205
Cloud5 Accounting
10476 N. Haymaker Ln, Highland, Utah 84003
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