Reducing the cost of operations and acquiring better talent at the same time is the aim of every company. Outsourcing has garnered fame precisely for this reason. It gives companies access to cheaper but more talented workforce. However, the accounting outsourcing market has become increasingly competitive and companies need to be constantly aware of the […]
Simplify Your Accounting Processes by Outsourcing
Accounting is one of the most outsourced business functions, especially among start-ups. Businesses outsource accounting functions with the aim of getting accurate and well-formatted financial reporting at the least effort and cost possible. Outsourcing accounting processes entail hiring an independent accounting expert to handle your accounting and financial business matters. The expert operates and accesses […]
Understanding Accounting Outsourcing Services: A Simple User Guide
Many businesses, organizations and startups find it hard to manage their accounting such as preparing financial statements, analyzing data, preparing invoices and managing bank accounts. Even after hiring a dedicated professional, various factors come in the way of efficient execution. Sometimes the dedicated professional is not correctly trained and at other times the workload is […]
A Comprehensive Review of Yardi Genesis 2
Yardi Genesis 2 is a web-based property accounting software that has been designed for small and medium-sized properties. Yardi Genesis 2 is designed for all real estate management including residential, commercial, condos, homeowner associations, self-storage, offices, retail and other type of properties. Its typically suitable for real estate portfolios of less than 1000 units […]
Tips and Tricks to Make Your Accounting Less Stressful
Accounting for real estate business is altogether different than accounting for any other business because it requires complicated entries in the accounting ledgers. It is simply not a convolution of credit and debit transactions but perhaps more than that. In this article, we have compiled a list of tricks and techniques to make your accounting […]
Should Real Estate Firms Outsource Their Accounting
Real Estate Accounting embraces or covers the accounting rules for any kind of real estate transactions that can be used to structure real estate deals appropriately. Real estate firms need to fully understand their current financial accounting, regulatory and compliance reporting requirements when dealing with different types of real estate transactions. It is therefore essential […]