40-60% Cost Savings
Flexible Staffing
Specialized Expertise
OHI, with 19+ years of experience, specializes in commercial property management accounting. Our team of 500+ property accountants excels in Yardi, AppFolio, MRI, QuickBooks, and more. Serving over 150+ real estate developers and managing 300,000 units and 10M sq. ft. nationwide, we deliver reliable, customized services.
Focus on growing your business while we handle your accounting needs. Whether in California, New York, Texas, Florida, or beyond, trust OHI for expert commercial property accounting. Contact us today!
Commercial & Residential Real Estate Clients
Team Including CPAs, MBAs and Graduates
Served 300,000 Units and 10 Million Sq. Foot Across Clients
Staff with 6+ Years of Relevant Real Estate Experience
California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington and More
We provide complete range of accounting and management reporting services covering accounts payable, accounts receivable, reconciliations, property accounting and monthly financial work for more than 10 million square feet of office and retail space across USA.
The indicative standard charges for Commercial Accounts Payable Specialist and Property Accountant roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Accounts Payable Specialist can perform activities such as 2 Way/3 Way matching of invoices with POs and GRs/Packing Slips, entry of invoices and utilities, coding of expenses, entering checks for further approval, tracking payables, vendor reconciliations and other miscellaneous accounts payable activities.
Commercial Property Accountant can provide the following accounting services specific to commercial properties (office, retail) - General ledger accounting, payroll, bank reconciliations, inter-company accounting, cam reconciliation, monthly closing of books including finalization and simple monthly reporting with variance analysis.
Clearing backlog of un-posted historic transactions, reconciling historic accounts with bank/vendor/customer statements, and bringing books up to date.
Clean-up of chart of accounts including removing redundant accounts, updating vendor, customer and inventory lists, and correction of existing miscoded invoices, GL entries etc,.
Accounting software transition including set-up of lists, mapping new to old chart of accounts, posting transactions in parallel runs, and 3 Way Reconciliations between Old Vs New Vs Statements.
Commercial real estate accounting involves recording, analyzing, and reporting all financial transactions related to commercial properties, including rent collection, operating expenses, capital expenditures, and financial compliance, helping investors and managers make informed decisions.
The 2% rule is a guideline suggesting a property’s monthly rent should equal or exceed 2% of its purchase price. While useful for quick assessments, commercial property investors should combine it with detailed accounting analysis and expense tracking for accuracy.
Real estate accounting can be complex due to multiple income streams, property types, and regulatory requirements. Professional accounting services streamline recordkeeping, reporting, and compliance, reducing errors and freeing managers to focus on business growth.
Yes. Acquisition costs, major renovations, and improvements must be capitalized according to accounting standards. Proper capitalization ensures accurate asset valuation and financial reporting for long-term property management.
Lease agreements define rental income schedules and responsibilities for expenses. Accurate accounting ensures proper revenue recognition, expense allocation, and transparency for investors, boards, and stakeholders.
Specialized commercial real estate accounting software or ERP solutions help track income, manage expenses, handle capital expenditures, and produce reports efficiently, supporting compliance and informed decision-making.
Outsourcing ensures accurate bookkeeping, timely reporting, tax compliance, and portfolio analysis, helping investors focus on growth while reducing administrative burden and risk.
Accurate reporting provides insights into profitability, cash flow, and property performance. It supports strategic planning, financing decisions, and regulatory compliance, ensuring sustainable growth and investor confidence.
