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Property Management Accounting |
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 Hanford · Freund & Company combines secure financial controls and advanced information technology to deliver state-of-the-art property level accounting services, including accounts receivable, accounts payable, payroll and reporting.
Checks and Balances
- Accurate monthly billing
- Same-day deposit of all receipts collected
- Separate accounting of all funds held in trust
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- Careful review and payment of invoices for operating expenses, tax bills, and loan payments
- Payroll administration and filing
- Annual 1099 preparation and filing
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Monthly Financial Reports
| Clients are kept informed of their property's financial performance through concise, accurate and easy-to-read reports. Monthly reports are mailed to the owner by the tenth day of each month. |
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These reports include:
- Cash Flow Summary
- Property and consolidated Operating Statements detailing income and expenses for each month and year-to-date
- Budget Comparison showing the month and year-to-date actual versus budgeted income and expenses
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- Check Register with description detail
- Tenant/Resident Summary showing account balances, charges and payments
- Individual and consolidated reports available for multiple properties
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