We take care of all the client accounting aspects of your portfolio from tenant application to move out:
Your applicants/tenants pay monies into your client account which is then receipted and reconciled onto your software daily.
Email across all your contractors invoices to a designated email address and we will then input these onto the appropriate tenancy/ledger on your software these will then be deducted from the next rental payment or reconciled to a payment made by your tenant/landlord.
Once rental payments have been received they will be processed and distributed accordingly, all payments will be made by bank transfer to your clients.
Upon payments being made a statement of account detailing all expenditure will be emailed to your landlord This statement correlates with the payment made and is sent out on your company’s letterhead. All contractors receive a remittance advice so they or their accountants can match up payments received to invoices raised.
All fees and commissions will be transferred to your trading account and a fully itemised report is provided to you so you know exactly what has been earned. We can even work with you and your accountant to set up a report which breaks down your income into “Nominal Codes” to cut down work for you at the end of month.
Non Resident Landlords (Overseas Tax)
We can hold all Non Resident Landlord deductions in a designated “Client Account” and then transfer to you together with an itemised breakdown to allow you to make payment to HMRC on time.
We can register all deposits to your designated custodial scheme within the agreed timeframe, at the end of the tenancy we will also sort out the release of deposits held and distribute in accordance with the information you provide. Even further, we will reconcile your custodial scheme weekly to make sure that it matches to your software.
Get in touch!
Please contact us using the details below or fill in the form and we’ll get back to you as soon as we can.
Tel: 01903 791566
Address: Rowlands House, 65 High Street, Worthing West Sussex, BN11 1DN