Real estate accounting services
Property Management
Made Easy with Full Suite
Accounting Solutions

We enable real estate companies maintain detailed records of
accounts, comply with regulations and stay ahead of the curve.

Real Estate Accounting Services

Monitoring real estate accounting and bookkeeping constantly can be a challenge for realtors. However, it is crucial to remain profitable in the competitive market. That's where our real estate accounting services can assist you. Whether you are a real estate agent, broker, or property manager, we've got you covered. At Cogneesol, we offer our clients the peace of mind that comes from having a skilled team overseeing every aspect of their accounting and tax planning. We enable you to focus on serving your clients and growing your revenue. On the other side, our team diligently manage your accounting processes, identify opportunities to boost cash flow, and develop a comprehensive tax planning strategy.

Our real estate accounting and bookkeeping services extend beyond mere service – we maintain open lines of communication throughout the year, ensuring that you are continuously informed and in control. Your financial statements are meticulously reconciled, and our expert advice is always at your disposal. We take pride in our accessibility and are ready to assist you promptly with any financial concerns or tax queries.

Real Estate bookkeeping Services

“Up-to-date book-keeping brought us excellent relationship with banks and investors. Thank You Cogneesol!”

- A Real Estate Business, Perth, Australia

Our Real Estate Accounting & Bookkeeping Services

Real Estate Bookkeeping

  • Setting up the Chart of Accounts
  • Recording expense receipts from tenants
  • Recording invoices from suppliers
  • Paying suppliers
  • Processing payroll and providing the paychecks
  • Recording depreciation and other adjusting entries
  • Entering bank details
  • Segregation and allocation of project-related costs
  • Construction in progress reports
  • Month-end or year-end closing (reconciliations & preparing cash projections)
  • Recording the transactions by Properties/class or Jobs
  • Inter-company transaction processing

Real Estate Accounts Payable

  • Entering and processing invoices using accounting software to track expenses at multiple levels
  • Managing overhead-related bills, such as utility bills (Recording meter readings, allocating expenses across multiple properties & making utility bills payment online)
  • Managing expenses related to insurance (Keeping track of the due date and amount to be paid for an insurance premium)
  • Handling disbursements (Entering checks for printing after getting approval & generating related disbursement reports)
  • A comprehensive review of various payable batches (Property wise, account wise & vendor wise)
  • Processing of 1099s
  • Preparing Accounts Payable Aging Summary and Details report

Real Estate Accounts Receivable

  • Setting up leases in accounting software
  • Processing the rent of tenants on a monthly basis
  • Generating rent statements
  • Processing and analyzing of rent collection on a monthly basis
  • Late fee application in case of delayed payments
  • Updating move-in, move-out or termination record of tenant
  • Keeping track of utility consumption and estimating billbacks
  • Analyzing tenant ledger reports to determine any discrepancy
  • Keeping track of security deposit of tenants
  • Preparing Accounts Receivable Aging Summary and Details report

Management Reporting

  • Preparation of cash-based or accrual-based property control reports on a monthly basis
  • Maintaining financial schedules, such as amortization and depreciation
  • Comparison between actual expenses and monthly budgets for preparing variance reports
  • Preparing financial reports like Profit and loss by Months, previous year comparison, Profit and loss by Properties, Balance sheet by month, previous year comparison, Balance Sheet by properties, Trial balance, Cash flow statement, and General ledger.

Payroll Processing

  • Payroll setup
  • Payday calculations and direct deposits
  • Payroll taxes calculation and form-filling
  • 941, 1099, 940 and quarterly state tax returns

Tax Preparation Services

  • Tax minimization strategies
  • Strategic tax planning
  • Personal tax preparation
  • Business tax preparation
  • Tax deferral transactions

We Support Multiple Accounting Software

With expertise in every accounting software and platform, our team of highly skilled professionals offer fast learning curves and swift implementation of solutions.

Quickbooks accounting software
NetSuite accounting software
Quicken accounting software
Sage accounting software
Xero accounting software
MYOB accounting
wave accounting
Intacct accounting software
Simply accounting by sage
Microsoft Dynamics
SAP solutions
Yendo accounting
Less accounting
Acclivity Small Business Software
Bill software
Peach tree accounting software
Every Business is Unique. Find Out How We Can Help Yours.
Contact Us

Our Key Differentiators

Who We Serve


Service providers

real estate

Property companies

construction companies

Construction companies

intellectual property lawyer


Contruction engineering companies

Construction & engineering companies

Landowners & developers

Landowners & developers

Our Promise in Real Estate Accounting Services

You can take out day-to-day real estate bookkeeping tasks from your to-do list by outsourcing them. We, at Cogneesol, promise to maintain your books in an orderly manner and prepare personalized financial reports.

Our real estate accounting services assist you in finding out and preventing unnecessary expenses and accurately keeping track of where your money is actually going. Cogneesol works in accordance with the clients’ business model, work methodology, and objectives before project initiation to satisfy their requirements. Our focus is on taking a proactive action at each and every phase, in order to help you attain excellent results within limited timelines.

As a real estate professional, should you be looking for a company that can help you attain excellence in your finance and accounting procedures, your search ends at Cogneesol!

Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

Get in Touch With Us

We combine deep industry experience and expertise to build finance and accounting solutions that will make your organization future-ready for scale and new technologies. Have specific questions, or want a guided tour of our services? Get in touch with us!

Contact Us