Property Management Accounting
Property Management Accounting in Nottingham
Our property management accounting services treat every client as a valued partner. We understand the unique demands of managing commercial properties. We provide a personalised, transparent and ethical approach to your accounting needs.
Our dedicated team is always available to discuss your account queries, ensuring that all financial details are clear and easy to understand. Whether you prefer a detailed explanation of every number or a concise summary, we tailor our services to meet your preferences and business goals.
Our property management accounting team supports large and complex portfolios with additional accountancy services. These services include paying bills, collecting rent, providing VAT reporting or preparation, and reconciling large client bank accounts in accordance with RICS regulations.
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Optimise your property’s value
Our expert team provides comprehensive property management solutions to maximise your investment returns.
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Experienced and reliable
Benefit from our team’s years of experience in managing commercial properties efficiently and effectively.
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Focus on what matters
Let us handle the day-to-day tasks of property management, so you can concentrate on growing your business.
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Informed decision-making
Our detailed financial reporting empowers you to make informed decisions about your property’s future.
Commercial Property Management Accounting in Nottingham
Commercial property management accounting focuses on managing and recording financial transactions related to commercial properties.
Here at FHP Accounting, we take the time to learn about your objectives so that we can provide bespoke solutions that align with your aspirations. Our commitment to personalised service ensures that you can focus on running your business while we handle the complexities of property management accounting.
We work with property management agents and owners, from single property holders to large portfolios. We handle their accountancy functions to let them concentrate on property management. Our services include client deposit accounting with separate client bank accounts for deposits and service charge funds, available when you opt for our full service.
We possess specialist knowledge of property-specific accountancy software, such as MRI and Re-Leased. We offer configuration of off-the-shelf packages, such as Xero for smaller portfolios not requiring specialist software.
Discover how our personalised property management accounting services can support your business goals. Contact us today to start a tailored financial partnership.
FAQs
Have you got questions about our accounting services? We’ve got the answers! Check out our FAQ section for quick and easy information.
But if you can’t find what you’re looking for, don’t hesitate to contact us. Our friendly team is happy to help.
What is commercial property management?
Commercial property management is the administration, operation and overseeing of commercial properties, such as office buildings, retail centres and industrial complexes. It includes various responsibilities, such as leasing management, managing tenant enquiries, maintaining the property and ensuring compliance with relevant regulations.Â
The goal is to maximise the property’s value and profitability by efficiently managing its day-to-day operations. This includes tasks, such as collecting rent, handling maintenance and repairs, managing budgets and maintaining tenant satisfaction.
What does a commercial property manager do?
A commercial property manager oversees the daily operations and maintenance of commercial properties. Their responsibilities include managing tenant relationships by handling lease agreements and addressing tenant inquiries. They also ensure the property is well-maintained by coordinating routine maintenance and urgent repairs with third-party contractors.Â
Financial management is a key aspect, involving rent collection, budget management and financial reporting. Additionally, commercial property managers market vacant spaces and streamline leasing processes to maintain high occupancy rates. Regulatory compliance, including conformity to health and safety laws, is a crucial part of their role.
What types of commercial properties can be managed?
Commercial properties encompass a diverse range of non-residential real estate that can be managed. The main categories include office buildings, retail centres and industrial properties. This includes warehouses, manufacturing facilities, distribution centres, leisure properties, hotels, restaurants, sports facilities and healthcare facilities.
These varied properties require specialised management to ensure optimal operation and tenant satisfaction.