Property management companies, whether large or small, have often more financial complexity than a similarly sized business. The complex systems required to account for results by unit, report to owners, and properly account for trust accounts are just some of the challenges. On top of this, it is a highly regulated industry that is frequently subject to government audit.” goes after the “Stress-free Accounting for Property Managers".
Using a firm that knows your system and this industry is essential to running a successful PM business.
MontPac has developed its best accounting practices through over 19 years of industry experience in property management, continually expanding its knowledge and adapting to different property management accounting systems as they’ve changed over time.
Today, our accounting team provides superior accounting services to clients managing 10 to 4,000 doors using an array of software.
How we help Property Managers:
Processing daily accounting transactions
Setting up your preferred accounting system including the set-up of chart of accounts, properties, bank accounts, tenants, owners, and vendors
Bank reconciliations including triple tie out to ensure accuracy across your books
Preparing monthly owner financial reports that are timely, accurate, and tailored for your property management business
Providing key performance metrics and management reports to top management for assessment and future planning
Preparing 1099s and other tax-related filings to both the IRS and state agencies
Accounting-related communications with tenants, owners, vendors, and tax authorities
Preparing for audits
Performing special projects such as but not limited to migration, clean up, etc.
What our Clients Say About Us
“
MontPac introduced a concept of accounting made easy. Working with your team is smooth - the people are detail-oriented and process-oriented. Our lives have improved because of this partnership with MontPac"
- Brooklyn, NY.
Systems Used
Talk with an expert to see if MontPac is right for your business.
NAME
EMAIL
Talk with an expert to see if MontPac is right for your business.
About
Montgomery Pacific Corporation (MontPac) is the foremost outsource accounting and CFO Advisory firm for the past 20 years. Whether you are a startup, hypergrowth company or venture fund, we provide a complete set of back-office services so you can focus on growing your organization. We are your strategic partner at every stage and collaborate with you and your team on your vision.
