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A Word From AMH

https://secureservercdn.net/45.40.149.34/2hd.8e9.myftpupload.com/wp-content/uploads/2020/01/ezgif.com-gif-to-mp4.mp4?time=1602857367 I want to keep this post short and sweet. It’s listing the 5 major things THIS bookkeeper wants small business owners of all industries to know. Let’s get into it.   Bookkeeping is not a glorified data entry position. It takes education and industry knowledge to properly enter transactions so that they are hitting […]

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Efficiency: Lease Renewals

https://secureservercdn.net/45.40.149.34/2hd.8e9.myftpupload.com/wp-content/uploads/2019/12/Renew-Today.mp4?time=1602857367 Welcome to Part Three of the Efficiency series. Today we are going to discuss lease renewals and how to make this process as efficient as possible. First, how many of you are scattered in terms of when you renew your leases? Meaning are you doing this every month with a new tenant, several in […]

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3rd Party Integrations Accounting for Landlords Bookkeeping Practices Uncategorized

Efficiency: ACH for Rent Payments

In part two of the Efficiency series, I am going to discuss rent payments; specifically the most efficient way to receive payments that can “kill two birds with one stone” for your rental business. First let’s discuss the most common ways rent is paid. Cash – This method is a bit antiquated but still acceptable. […]

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Accounting for Landlords Accounting for RE Investors Bookkeeping Practices

Schedule C & E: Using These Forms for the Setup of Your Accounting System

Depending upon your entity type and industry for your business, setting up the books for bookkeeping can be quite simple. For the purpose of this post I am going to discuss the two setups I am most familiar with. The first is based upon the IRS Form Schedule C. Page one of the form handles the […]

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