Accounting for Property Management Companies

Outsourced Accounting Services for Property Management Companies

Manage Properties, Not Paperwork – Leave the Accounting to Us

Building Trust Through Compliance and Partnerships

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Precision Accounting for Hassle Free Property Management

Property management firms get bogged down by the meticulous task of tracking rent collection, late fees, security deposits, and maintenance expenses. Keeping accurate records of these financial aspects is complex and time-consuming, often leading to discrepancies and inefficiencies.

Our outsourced accounting services simplify financial reporting, ensuring accuracy, compliance, and risk reduction. We provide detailed financial insights across various property types, delivering structured reports that enhance decision-making, prevent discrepancies, and support long-term stability while easing the burden of day-to-day financial record-keeping.

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Property Management

We’re the Solution Provider, We Believe in Infinite Possibilities

Seasoned Professionals

250+

Seasoned Professionals

14+

Diverse Industry Coverage

Infinite Possibilities

3

Locations

Locations

8

Years of Growing Success

Outsourced Accounting Services for Property Management Companies

Managing multiple properties demands financial oversight for profitability and compliance. Our outsourced accounting services track income, control expenses, and optimize investments, so you can focus on strategic goals and portfolio growth.

Rent Collection
Rent Collection
Rent Collection

Tracking rental income, including late payments or deductions for repairs.

Expense Management
Expense Management
Expense Management

Recording costs like maintenance, insurance, taxes, and operational fees.

Lease & Security Deposit Accounting
Lease & Security Deposit Accounting
Lease & Security Deposit Accounting

Tracking lease payments, renewals, and terminations.

Budgeting
Budgeting
Budgeting

Creating and managing budgets to ensure financial stability.

Benefits of Outsourced Accounting Services for Property Management Companies

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Streamlines financial operations with expert property accounting.

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Reduces overhead costs by up to 60%, boosting profitability.

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Frees up time to focus on strategy and operational excellence.

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Provides accurate, timely financial reports for smarter decision-making.

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Ensures total compliance with real estate financial regulations.

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Enables data-driven decisions to maximize property returns.

Our Clients’ Stories

Join us in celebrating the diverse experiences of those who have chosen our outsourced services - where satisfaction finds its voice.

Lewis Marchman
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Partnering with ProcStat has been a game-changer for me. Before discovering their services, I often had to turn down work because I couldn’t manage the workload on my own. Since I started working with them, I’ve been able to take on more projects confidently. Their support is reliable, efficient, and exactly what I needed to scale up without compromising on quality. If you're looking to expand and need an extra pair of hands, I highly recommend reaching out to ProcStat.

Louis Marchman

Founder, Marchman Accounting

FAQs

Property management accounting is a specialized practice focused on managing and recording financial transactions across single or multiple properties. It involves tracking rental income, managing expenses such as maintenance, utilities, and repairs, ensuring accurate financial reporting, and maintaining compliance with tax regulations. Proper accounting helps property owners stay organized, optimize cash flow, and prepare for tax filings while ensuring financial stability across their real estate portfolio.