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 […]

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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 […]

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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 […]

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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 […]

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The Right Software for Real Estate Budgeting Process

Handling real estate accounting across the spectrum is a demanding task, so it’s no surprise that real estate budgeting can also get quite complicated. Whether it’s asset management or corporate functions, the inner workings of a real estate company throw up a lot of numbers which need to be crunched. However, the good news is […]

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Top 6 Tips for CAM Reconciliation

Common Area Maintenance (CAM) reconciliations can prove to be nerve-straining for you as property owner or manager if done erratically. We know how real estate accounting can turn out to be a tricky task if not religiously done on time. To steer clear of any inconveniences or error potential, we have always adhered to certain rules […]

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1099 MISC Tax Requirements for Property Managers

Property Managers are required to report rents collected on behalf of their property owners as part of their rental property accounting and therefore the natural question that arises is the need for the filing of form 1099 MISC for their owners. According to the instructions for Form 1099 MISC payments of rent to real estate […]

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Advantages of Outsourcing BIM Services

3D modeling for infrastructure may soon be a thing of the past. In fact, BIM (Building Information Modeling) is already being described as the successor to 3D modeling. Don’t get us wrong – 3D modeling is still the way to go if when you want to see design prototypes of complex mechanical parts and their […]

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How to Select the Right 3D CAD Software

3D Computer Aided Design Software (3D CAD software) is used by architects, civil engineers, drafters, artists and other professionals to create precision drawings, images or technical illustrations. The CAD software replaces manual drafting with the automated process with 3D CAD providing an extra dimension in precisely visualizing and share designs. The software helps users achieve […]

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Architectural CAD Drafting Services: CAD Modeling

Architectural Drafting Services help in a flawless rendering of design visualizations for optimized outcomes. The construction industry is highly dimensional specifications oriented. Any unwarranted deviation from the blueprint due to CAD errors can prove irrevocably costly. This wastage of time and money is aggravated by loss of credibility. Advantages of Architectural CAD Drafting Services The […]

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