A good chart of accounts is the foundation for good record keeping. This is true for all industries, including commercial real estate.
We sat down with Jeff Engstrom, a Senior Advisory Associate with Hall CPA, which is also known as the Real Estate CPA, to learn about the necessity of accurate record-keeping, so your investors keep coming back.
Today we are walking through a step-by-step process on how to set up a chart of accounts for a real estate company using QuickBooks Online. Get your free copy of a sample chart of accounts for a real estate company at the bottom of the blog.
Recording your escrow and mortgage incorrectly creates a series of issues for you as the owner, all of which are significant.
In the Setting up a Chart of Accounts for your Real Estate Management Company blog, we talked high level about setting up a Chart of Accounts for a real estate company. This time we are taking it one step further and we are walking you through the process, step by step for QuickBooks desktop. You […]