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Property Management Chart of Accounts: What Is It and Why Is It Essential?

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Buildium

A property management chart of accounts is the foundation of your financial health, as well as the financial health of the properties you manage. But is your chart of accounts up to snuff? In this video, we will go over what a property management chart of accounts is, how to set one up, and how to use it to grow your business as well as those of your owners.

Finally, we'll give you some chart of accounts best practices to keep your books accurate and compliant.

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0:00 Intro
0:45 What Is a Property Management Chart of Accounts?
2:04 Organizing Your Entries
2:30 Coding Your Entries
3:18 Using a Chart of Accounts
4:49 Using a Chart of Accounts for Growth
5:55 Chart of Accounts Best Practices

posted by juliadictoj8