Property and real estate

Bookkeeping for property-related businesses where rent, bills and management statements must stay traceable.

Property management trust money is different from ordinary trading income. The engagement asks which money is which before any coding starts.

Workflow notes

• Rent and outgoings checklist
• Management statement intake
• Bond or trust questions where relevant

Onboarding questions

• Do you hold rent or bonds?
• How many properties are in the file?
• Is there a managing agent?

Limits

Real-estate licensing and trust-account audits are not part of a standard bookkeeping package.