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HOA Accounting for Mixed-Use Developments: Managing Residential and Commercial Spaces

HOA Accounting for Mixed-Use Developments: Managing Residential and Commercial Spaces

Introduction: Mixed-use developments have become increasingly popular in urban areas, combining residential and commercial spaces within a single property. With this unique blend of uses comes the need for specialized accounting practices to manage the financial aspects of both residential […]

  • March 26, 2024
  • OHI
Unlocking the Power of CAM Reconciliation in Commercial Real Estate

Unlocking the Power of CAM Reconciliation in Commercial Real Estate

Introduction CAM (Common Area Maintenance) reconciliation serves as a cornerstone in the realm of commercial real estate management, facilitating equitable distribution of maintenance expenses among tenants. This fundamental process ensures transparency and fairness, playing a pivotal role in fostering harmonious […]

  • March 19, 2024
  • OHI
Optimizing Asset Management: Effective Strategies for Commercial Property Accounting

Optimizing Asset Management: Effective Strategies for Commercial Property Accounting

Introduction In the realm of commercial real estate, successful asset management is the cornerstone of long-term success and profitability. Commercial property accounting, as an integral component of asset management, plays a pivotal role in ensuring the efficient operation and financial […]

  • March 11, 2024
  • OHI
Sustainability and ESG Reporting in Commercial Real Estate Accounting

Sustainability and ESG Reporting in Commercial Real Estate Accounting

Introduction In the dynamic landscape of commercial real estate accounting, sustainability and Environmental, Social, and Governance (ESG) reporting have become increasingly prominent topics. As businesses across various sectors embrace the principles of sustainability and social responsibility, commercial real estate firms […]

  • February 14, 2024
  • OHI
Construction Accounting vs. General Accounting: Key Differences

Construction Accounting vs. General Accounting: Key Differences

Introduction Accounting serves as the backbone of financial management across various industries, offering insights into revenue, expenses, and overall profitability. However, when it comes to the construction sector, accounting takes on a unique dimension, marked by specialized practices tailored to […]

  • February 9, 2024
  • OHI
Explaining Construction Accounting: A Comprehensive Guide to Financial Management in the Construction Industry

Explaining Construction Accounting: A Comprehensive Guide to Financial Management in the Construction Industry

Introduction: Construction is a multifaceted and often intricate industry that demands meticulous financial management to ensure projects are completed successfully, on time, and within budget. Effective construction accounting is the linchpin of this financial oversight, providing construction companies and contractors […]

  • January 17, 2024
  • OHI
Navigating Real Estate Accounting for Government Entities: A Comprehensive Guide

Navigating Real Estate Accounting for Government Entities: A Comprehensive Guide

Introduction: Construction is a multifaceted and often intricate industry that demands meticulous financial management to ensure projects are completed successfully, on time, and within budget. Effective construction accounting is the linchpin of this financial oversight, providing construction companies and contractors […]

  • January 3, 2024
  • OHI
Introduction: A Digital Revolution in Real Estate

Introduction: A Digital Revolution in Real Estate

Hey there! Ever wondered how the world of property management has transformed over the years? Let’s take a fascinating journey through the evolution of property management software, and I promise, it’s more intriguing than it sounds! The Early Days: Manual […]

  • December 23, 2023
  • OHI
THE ADVANTAGES OF REMOTE PROPERTY MANAGEMENT SERVICES

THE ADVANTAGES OF REMOTE PROPERTY MANAGEMENT SERVICES

Property management has evolved significantly in recent years, thanks to advancements in technology and changes in work dynamics. One of the most notable developments is the rise of remote property management services. These services offer property owners and managers a […]

  • November 21, 2023
  • OHI
NAVIGATING THE COMPLEXITIES OF CONSTRUCTION ACCOUNTING

NAVIGATING THE COMPLEXITIES OF CONSTRUCTION ACCOUNTING

Construction projects are marvels of human ingenuity, transforming visions into concrete structures that shape our cities and landscapes. Behind the scenes, construction accounting plays a critical role in ensuring that these projects are financially sound and efficiently managed. However, construction […]

  • November 3, 2023
  • OHI
Real Estate Accounting for Short-Term Rentals and Vacation Properties: A Comprehensive Guide

Real Estate Accounting for Short-Term Rentals and Vacation Properties: A Comprehensive Guide

In the world of real estate, short-term rentals and vacation properties have become increasingly popular investments. However, managing the financial aspects of these properties can be complex and challenging. In this comprehensive guide, we will delve into the intricacies of […]

  • October 30, 2023
  • OHI
A Complete Guide to Construction Accounting

A Complete Guide to Construction Accounting

Accounting for small business owners, with just a few employees on the payroll, select products, and a limited number of transactions is often seen as a herculean administrative task.   Especially for businesses operating in the construction arena, accounting can […]

  • October 13, 2021
  • OHI
Construction Accounting Problems and their Solutions

Construction Accounting Problems and their Solutions

The construction industry has been a growing enterprise for the past few years. By determining the efficiency of the projects and the time taken to develop them, we can determine the growth. In recent years, we have seen some technologically […]

  • August 25, 2021
  • OHI
Construction Industry Best Practices in Internal Controls

Construction Industry Best Practices in Internal Controls

Construction industry has a high transaction rate and the transaction amounts are pretty high as well. So it is safe to assume that frauds in construction accounting can lead to big losses. While these losses are not unheard of, it […]

  • January 22, 2019
  • admin@ohi
The Basics of Construction Accounting

The Basics of Construction Accounting

Accounting procedures and practices differ according to the type of business and practices adopted by organizations across sectors. In the construction industry, firms and contractors face unique challenges when it comes to accounting, as accounting for the construction sector is […]

  • January 11, 2022
  • admin@ohi
All You Need to Know About Progress Billing

All You Need to Know About Progress Billing

Progress Billing is considered to be one of the most frequently used invoicing methods for long-term contracts. Normally speaking, while making contracts there are always some upfront payments involved, somewhere around 50% of the total project, and the rest paid […]

  • September 18, 2018
  • admin@ohi
Bring the Odds at your End, Automate Construction Accounting Today!

Bring the Odds at your End, Automate Construction Accounting Today!

The world has suddenly turned fancy and the universe of construction business is shining with activity. With several new players making an entry into the market, the competition no wonder has become pretty high. As such, the oldies in the […]

  • March 31, 2015
  • admin@ohi

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