Property Bookkeeping & Accounting
Delivering Comprehensive and Accurate Financial Oversight for Multifamily Assets
At Blue Peak Services, we provide specialized property accounting and bookkeeping services tailored to the needs of multifamily property owners and investors. Below is a summary of the key categories in our accounting and bookkeeping offering
Accounts Payable Management
We manage vendor accounts, process payables, and ensure timely and accurate payments for both operating and capex-related expenses while ensuring compliance with 1099 and 1096 filing requirements.
Accounts Receivable & Rent Roll Reconciliation
We manage rent collections, track delinquencies, and reconcile rent rolls with the general ledger to ensure accurate tenant balances and revenue reporting.
Bank Reconciliations & Financial Reporting
We provide daily bank reconciliations, monthly balance sheet reconciliations, and detailed financial reports to ensure accurate tracking of income, expenses, and cash flow, offering clear insights into property performance.
Reserve Accounting
We manage operating and replacement reserves, ensuring that sufficient funds are available for future capital improvements and major expenses, and align reserve planning with long-term property goals.
Tenant ledger management
We ensure tenant transactions, including rent payments and security deposits, are accurately recorded and compliant with legal requirements, maintaining clarity in tenant accounts.
debt service management
We ensure timely payments on mortgage and loan obligations, while monitoring debt compliance and preparing reports for lenders to meet covenant requirements.
owner reporting & lender compliance
We deliver tailored monthly financial reports for owners and ensure compliance with lender requirements, including providing detailed reports on property performance and financial health.
property budgeting
We develop annual property budgets, monitor financial performance, and provide budget reforecasting to ensure alignment with evolving market conditions and owner goals.
capital expenditure (Capex) accounting
We track and manage all capital expenditures, working with owners to align capex budgeting with long-term property strategies and improve asset value.
compliance management
We ensure that multifamily properties are fully compliant with regulatory requirements that affect financial operations, minimizing risk and ensuring smooth property management.
We provide daily bank reconciliations, monthly balance sheet reconciliations, and detailed financial reports to ensure accurate tracking of income, expenses, and cash flow, offering clear insights into property performance.
Bank Reconciliations & Financial Reporting
We manage rent collections, track delinquencies, and reconcile rent rolls with the general ledger to ensure accurate tenant balances and revenue reporting.
Accounts Receivable & Rent Roll Reconciliation
We manage vendor accounts, process payables, and ensure timely and accurate payments for both operating and capex-related expenses while ensuring compliance with 1099 and 1096 filing requirements.
Accounts Payable Management
We ensure timely payments on mortgage and loan obligations, while monitoring debt compliance and preparing reports for lenders to meet covenant requirements.
Debt Service Management
We ensure tenant transactions, including rent payments and security deposits, are accurately recorded and compliant with legal requirements, maintaining clarity in tenant accounts.
Tenant Ledger Management
We manage operating and replacement reserves, ensuring that sufficient funds are available for future capital improvements and major expenses, and align reserve planning with long-term property goals.
Reserve Accounting
We track and manage all capital expenditures, working with owners to align capex budgeting with long-term property strategies and improve asset value.
Capital Expenditure (CAPEX) Accounting
We develop annual property budgets, monitor financial performance, and provide budget reforecasting to ensure alignment with evolving market conditions and owner goals.
Property Budgeting
We deliver tailored monthly financial reports for owners and ensure compliance with lender requirements, including providing detailed reports on property performance and financial health.
Owner Reporting & Lender Compliance
We ensure that multifamily properties are fully compliant with regulatory requirements that affect financial operations, minimizing risk and ensuring smooth property management.
Compliance Management
