Property Management Trust Accounting & Owner Statement Workbook

Owner register with management fee %, placement fee %, reserve minimum and per-owner totals: rent collected, fees, expenses, draws, owner balance and amount available to draw

Trust ledger with eight transaction types; the management fee is calculated on each rent receipt and a supervision fee on repair and maintenance expenses

Leasing fee log: placement fee at the owner's % of first month's rent and renewal fee at the % in Settings

Security deposits held per owner (received less refunded), kept separate from owner funds

Monthly owner statement: opening balance, rent, fees, expenses and draws for a period you choose, closing balance, reserve and available draw, with transaction detail

Trust reconciliation: bank statement balance, deposits in transit and outstanding checks give the adjusted bank balance, compared with the ledger cash and with what is owed to owners, the manager and tenants

Year-end worksheet: gross rents received per owner and vendor payments for the tax year with a flag when a vendor is over the reporting threshold and has no tax ID on file

Dashboard with rent collected, fees earned, draws paid, deposits held, reconciliation status and a chart by owner