Our services
Real Estate Bookkeeping Services
At Birchwood Accounting, we know that accurate Bookkeeping and Payroll management is essential to keeping your Real Estate business running smoothly and successfully.
Comprehensive QuickBooks Financial Services for Real Estate Businesses
Optimize Your Real Estate Firm’s Financial Management with Specialized Services
At Birchwood Accounting, we provide comprehensive financial services designed specifically for real estate firms. Our offerings include QuickBooks cleanup and catch-up, precise bookkeeping, and efficient payroll management. We help real estate companies streamline their financial operations, ensuring compliance and accuracy, so you can focus on closing deals and managing properties effectively.
Our Specialized Services
1. QuickBooks Cleanup & Catch-Up for Real Estate Firms
- In-Depth Financial Review: We conduct a thorough assessment of your QuickBooks records to identify and correct errors, discrepancies, and incomplete entries, focusing on property transactions, commissions, and rental income.
- Accurate Reconciliation & Transaction Tracking: Our team ensures that all financial transactions, including property sales, rental income, and escrow accounts, are accurately recorded and reconciled, keeping your records current.
- Error Correction & Adjustments: We correct any inaccuracies and make necessary adjustments to reflect the true financial status of your real estate firm.
2. Professional Bookkeeping for Real Estate Businesses
- Daily Transaction Management: We manage the daily recording, categorization, and reconciliation of transactions, including property expenses, commissions, and client payments, to maintain accurate and up-to-date financial data.
- Financial Statement Preparation: Our services include preparing detailed financial statements, such as balance sheets and profit & loss statements, to provide a clear understanding of your business’s financial health.
- Monthly Financial Reports: We generate comprehensive monthly reports to help you track cash flow, property performance, and make informed business decisions.
3. Accurate Payroll Services for Real Estate Professionals
- Timely Payroll Processing: We manage all aspects of payroll processing to ensure accurate and timely payments to your agents, brokers, and staff, including commissions and bonuses.
- Compliance with Industry Regulations: Our experts ensure that payroll taxes and real estate-specific deductions are calculated correctly and filed in compliance with industry regulations.
- Employee Benefits Administration: We handle employee benefits, such as health insurance, retirement plans, and profit-sharing within QuickBooks, keeping your records organized and compliant.
Why Choose Birchwood Accounting for Your Real Estate Firm?
- Real Estate Financial Expertise: We have extensive experience working with real estate firms, understanding the unique financial challenges such as commission tracking, escrow management, and property income.
- Customized Financial Solutions: Our services are tailored to meet the specific needs of your real estate business, providing personalized support to enhance your financial management.
- Comprehensive Service Offering: From QuickBooks cleanup to ongoing bookkeeping and payroll management, we offer a full range of solutions to keep your financials accurate and compliant.
- Focus on Your Properties: With our expert financial management, you can concentrate on growing your real estate portfolio and closing deals, confident that your financial records are handled with precision.
Get Started with Birchwood Accounting Today
Ready to optimize your real estate firm’s financial management? Contact Birchwood Accounting to learn more about our QuickBooks cleanup and catch-up, bookkeeping, and payroll services. We offer free consultations to assess your needs and develop a customized plan for your real estate business.