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.
Nearly every week, we hear and see examples of owners and landlords struggling with their annual common area maintenance (CAM) reconciliations.
What is the difference between the direct cash flow method and the indirect cash flow method? And, more importantly, how do you calculate them? And, finally, what does this have to do with my cash flow statement?
If you have taken out a mortgage recently and established an escrow account, you will want to read this.
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 […]
One of the first things you will do in any accounting system is set up your chart of accounts.