40-60% Cost Savings
Flexible Staffing
Specialized Expertise
OHI is an 18+ year old company providing commercial property management accounting services. With a team of 300+ skilled property accountants, we offer expertise in Yardi (Genesis and Voyager), AppFolio, OneSite, MRI, Spectra, Timberline, and QuickBooks. Serving over 120+ real estate developers and commercial property management companies, we handle accounting and reporting for 200,000 units and 10 million sq. ft. across multiple states.
Trust OHI to handle your commercial property accounting as we are the top among all commercial property management companies in USA, and you focus on growing your business. Whether you’re in California, New York, Texas, Florida, or any other state, our team is ready to serve you. Contact us today for reliable and customized commercial property management accounting services that meet your unique needs.
Commercial & Residential Real Estate Clients
Team Including CPAs, MBAs and Graduates
Served 200,000 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 property management involves complex financial transactions, including rent collection, expense tracking, vendor payments, and financial reporting. Specialized accounting services help these companies maintain accurate financial records, ensure compliance with regulations, make informed financial decisions, and maximize profitability.
Accounting services for commercial real estate property management companies can handle a wide range of tasks, including accounts receivable and accounts payable management, general ledger maintenance, bank and credit card reconciliations, financial statement preparation, cash flow management, and budgeting and forecasting.
Outsourcing accounting services offers several benefits, including enhanced accuracy and compliance, cost savings, access to specialized expertise, improved financial decision-making, reduced administrative burden, and the ability to focus on core business activities.
When selecting an accounting service provider, consider their experience in the commercial real estate industry, the range of services offered, their reputation and client testimonials, data security measures, pricing structure, and the level of customer support they provide. It’s also beneficial to request a consultation to discuss your specific needs and evaluate their expertise in handling similar clients.
