Accounting
GS Management Company recognizes the importance of a highly-skilled accounting team. Our accounting team works hand-in-hand with the property manager to service our clients and tenants. We utilize Skyline property management and accounting software program and can provide in-depth detailed monthly financial statements or simple Excel spreadsheets, based on what our clients prefer. We use Avid for our online accounts payable approval and processing. The accountants are involved in the accounts payable and accounts receivable process, the preparation of the annual operating budget, annual reconciliation, cash flow projections, and owner distributions.
GS Management Company Accounting Services Include:
- Customized reporting
- Preparation of cash basis and/or accrual basis reports
- Preparation of monthly cash flow with budget comparison
- Monthly variance reports
- Preparation of monthly rent roll
- Monthly receivables/aging report
- Monthly distributions to owners or calculation of cash required
- Monthly rent statements
- Expense reconciliation
- Tenant account auditing
- Cash management including maintaining money market and checking accounts
- Compliance with providing property information for loan covenants
- Coordinate property audits
- Coordinate project tax returns
