Real Estate Accounts Receivable Services
With numerous core responsibilities to consider, real estate companies are often left with minimal or no time to handle their accounts receivables. This process is essential to ensure that all the payments are received on time, which is extremely important for the company to meet its financial goals, particularly in terms of the cash flow. However, carrying this in-house can be time consuming and prone to errors.
Therefore, outsourcing real estate accounts receivable services to a reliable partner can help real estate companies focus on business critical tasks. Flatworld Solutions is a real estate AR company, which has been providing quality services to clients around the globe. We have the expertise to successfully assist real firms in managing their cash flow. Our efficient services will leave organizations with the time to optimize their business functions.
Services We Offer
Being in the industry for over a decade now, we have the required experience to handle different types of real estate AR requests from global clients. We follow a streamlined accounts receivable process to deliver quality services within a quick turnaround time, without any compromise on the quality. Some of the key services we offer include -
Tenant Accounts Receivable Management
We have the required expertise, skills, and resources to provide quality tenant accounts receivable management services, which include -
- Rent processing
- Rent collection processing
- Setting up leases or leasing software
- Applying late payments for delinquencies
- Managing move-is, move-outs, and renewals
- Tracking utility consumption
- Analyzing tenant ledger reports
- Generating reports on move-ins, move-outs, late fees, etc.
- Generating rent statements
Accounts Receivable Management
Our team of financial experts at Flatworld Solutions provides our all clients with the best-quality accounts receivable management services including -
- Tracking security deposits
- Processing monthly rents and printing invoices
- Managing move-ins, move-outs and renewals of contracts
- Following-up by call or email
- Billing properties for management charges and other fees
- Managing deposit sheets and input cash receipts
Month-end Accounting Tasks
When it comes to real estate companies, numerous accounts receivable tasks need a regular planning and introspection. We have the required bandwidth and skilled resources to provide our clients with the required services at the right time. Some of the month-end accounting tasks include -
- Reconciliation of cash to general ledger
- Reconciliation of internal transactions
- Calculating management fees
- Preparing cash projections for the next month
- Reviewing coding to ledger accounts
- Booking all the month-end accruals
Reporting
Our team provides highly accurate financial reporting services. As documentation is one of the key steps when it comes to financial matters in any business, we offer reliable reporting services to ensure that all the transactions are documented. Some of the key services we provide include -
- Preparing monthly property reports
- Maintaining financial schedules as the per the requirements
- Comparing monthly budgets to the operating results
- Creating monthly operating reports
Other Services
Apart from the regular accounts receivable services, our team is also equipped to handle a series of other tasks including -
- Preparing regular tenant reconciliations
- Preparing reconciliations for trust accounts
- Assisting while preparing annual operating budget
- Assisting while preparing real estate tax returns
- Preparing reconciliations for insurance escalations and real estate taxes
- Booking journal entries for disposition of properties
Our Finance and Accounting Portfolio
Software We Leverage
We understand the importance of providing highly accurate accounting services to our clients, as financial data is one of the key aspects of a business entity. We believe in providing our clients with the best-quality results within a short duration, without affecting the client's schedules. This is possible with the use of some of the latest accounts receivable tools and technologies we leverage, which include -
Why Choose Flatworld for Real Estate Accounts Receivable Services?
Having served global clients from different backgrounds, cultures, and requirements, we are equipped to handle any kind of financial service requests. Some of the reasons for you to choose us include -
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We provide best accounts receivable services at affordable prices, which help our clients save huge on overhead costs
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We have workstation data security policies in place and also have biometric-enabled systems to ensure complete security of your confidential financial data
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We make use of some of the latest financial and accounting software to make sure we deliver accurate results within a quick time
High Accuracy
We have a multi-level quality checking process in place, which ensures that all the services we provide are highly accurate and completely error-free
Quick Turnaround Time
We understand the value of time and make sure that we provide accurate and reliable services within the stipulated time, thereby adhere to the clients' deadlines
Best Infrastructure
We have a state-of-the-art infrastructure which empowers us to deliver professional services with assured quality
Hire Us for Real Estate Accounts Receivable Services to Us
Flatworld Solutions is a leading real estate accounts receivable company and has been providing quality financial and accounting services to clients around the globe. We totally understand the importance of all your critical financial data and have stringent data security policies in place to safeguard your confidential real estate data. Aimed to provide our clients with world-class services, we leverage latest tools and technologies, and our advanced infrastructure enables us in providing highly efficient services at cost-effective rates.
If you are looking for a reliable, accurate, and cost-effective accounts receivable service provider, then you have come to the right place. Get in touch with our executives today!
800-514-7456
