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Outsource Real Estate Bookkeeping Services

Real Estate Bookkeeping Services

Real estate professionals often need a well-experienced team of finance management experts who understand the unique needs and challenges of this industry. Choosing the right real estate bookkeeping service providers will not only help realtors reduce operational costs of their business and increase their revenues, but also leaves them with considerable amount of time, which can be used for other core activities of the company. Therefore, hiring a third-party bookkeeping service provider serves as a feasible option for real estate firms.

At Outsource2india, we are a leading bookkeeping service provider in India, offering services to numerous real estate clients across the globe. We cater to a range of customers in the real estate industry, including commercial developers, industrial property developers, brokers, real estate agents, etc. Outsourcing real estate bookkeeping services to us can help you avail numerous benefits.

Services We Offer

Our team of financial experts and accountants are capable of providing expert bookkeeping and financial planning services to property managers and real estate agents. We can help you with both, basic services as well as complex tasks, such as consulting on forecasting and strategy. Some of the key services of bookkeeping for real estate business we offer include -

  1. Real Estate Accounts Receivable Services

    We have the required skills and expertise to provide our clients with real estate accounts receivable services. Here, we offer a wide variety of services with the option of outsourcing the entire process or just a part of it. Some of our real estate accounts receivable services include -

    • Bill preparation
    • Record and account for revenue
    • Record receivable transactions
    • Prepare periodic statements
    • Prepare accounts receivable reports
    • Deductions management
    • Maintaining subsidiary ledgers
  2. Accounts Payable Services for Real Estate

    Our accounts payable services are focused on completely transforming the real estate customer's payment activities by automating the process. Some of the key services we offer include -

    • Data Collection - This involves sorting, batch preparation, document indexing, document storage and retrieval, audit and reconciliation, etc., which makes it easy for the realtors to quickly access all the information they want
    • Data Processing - Here, processes such as approval and exception routing, closing process, document audit trail, etc. are efficiently carried out
    • Suspect Duplicate Analysis - We also carry out printing and distribution of the checks, online check proofing, return check handling, e-payment handling, special invoice mail handling, etc., thereby make accounts payable simple for the realtors
    • Other Services - Some of the other real estate accounts payable services offered by us include creation of accounts payable reports, travel and expense processing, utility bill management, tax reporting, supplier management, etc.
  3. Credit Card and Bank Reconciliation

    Our team of certified financial accountants at Outsource2india will provide highly efficient credit card and bank reconciliation services at extremely reasonable rates. Some of these services include -

    • Reconciliation of credit cards in accordance with bank records
    • Cash book and passbook reconciliation
    • Reconciliation of invoices with journal entries and ledgers
    • Reconciliation of certificate and gift cards
  4. Real Estate Financial Reporting

    Right from well-trained resources to world-class infrastructure, we have everything in place to provide you with highly accurate real estate financial reporting services. Some of the key financial statement preparation and reporting services we provide include -

    • Income statement preparation
    • Balance sheet preparation
    • Cash flow statement preparation
    • Budget management
    • Depreciation computation
    • Ledger maintenance
    • Tax reporting
    • Payroll management
    • Inventory management
    • Tally and Quickbooks entries

Real Estate Bookkeeping Process We Follow

Finances are the most important aspect of any business, be it big or small. Keeping up with the expenditures and income provides the company with a clear picture of how the company is doing financially. We, at Outsource2india, follow a streamlined process to ensure that our clients are well aware of the dynamic market and know when to take key business decisions. Some of the key steps of our bookkeeping for real estate business process include -

01
Preparing the Source DocumentsPreparing the Source Documents
02
Analyzing the Financial EffectsAnalyzing the Financial Effects
03
Making the Journal EntriesMaking the Journal Entries
04
Handling the End-of-period MethodsHandling the End-of-period Methods
05
Closing the BooksClosing the Books

Benefits of Outsourcing Real Estate Bookkeeping Services to Us

Outsource2india has been catering to a variety of real estate clients with their accounting and bookkeeping needs for almost two decades now. Outsourcing real estate bookkeeping services to us can help you avail numerous benefits, which include -

  • High Quality Standards

    We have a team of accountants and financial experts who follow high, international quality standard processes and methodologies to provide our clients with top-quality services

  • Affordable Prices

    We provide high-quality bookkeeping services at extremely affordable rates and also provide customized pricing to clients, which will be tailored according to their needs

  • Data Security

    We follow strict workstation data security policies and sign confidentiality agreements to ensure that all your critical financial data remain safe with us

  • Experienced Team

    We have a highly-qualified and experienced team who has worked with clients from different domains and are well-versed with the real estate industry

  • Quick Turnaround Time

    We have the required infrastructure in place with multiple delivery centers across the globe, which helps us provide efficient real estate bookkeeping services within a quick turnaround time

  • Harness Latest Tools

    We make use of some of the latest and updated accounting and bookkeeping tools and technologies including QuickBooks, NetSuite, Sage, Peachtree, etc., which ensures consistent accuracy

  • Updated Accounts

    By outsourcing to us, you can be assured that all your accounts will be up to date and cleared of all backlogs.

Outsource Real Estate Bookkeeping Services to Us

Outsource2india is a leading company providing real estate bookkeeping services in India and caters to clients around the world. Based in India, we have access to some of the best highly-skilled pool of talent, which enables us to provide top-quality services at highly affordable costs. We employ some of the best and highly experienced accountants and financial experts to handle your real estate bookkeeping requirements. We also ensure that all our services are provided within a quick turnaround time, without affecting any of your internal schedules.

Therefore, if you are looking for a reliable, accurate, efficient, and cost-effective real estate bookkeeping service provider, then you have come to the right place. Get in touch with us today!

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