Why the Updated RICS Service Charge Code Means Higher Standards for Property Managers
Why the Updated RICS Service Charge Code Means Higher Standards for Property Managers If you manage commercial property, the second... View Article
Commercial Property Management Accounting
Based in the heart of Nottingham, our team has years of experience with your commercial property management and the accounting requirements that go alongside property management.Â
We take pride in our personal, professional and transparent approach to accountancy. When we work with you, our dedicated team is always available to discuss any account queries or concerns, ensuring you can always be on top of things.
Our property management accountants support portfolios of all sizes. And we understand your unique requirements, that’s why we tailor our services to meet your preferences. If you need help with your commercial property management accounts, give us a call or book your free consultation with one of our accountants.
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Personalised Service
We personalise our service to each individual as we know that no two businesses are the same, making sure you get the most out of us.
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Optimise Your Property’s Value
Our expert team provides comprehensive property management accounting solutions to maximise your investment returns.
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Experienced Professionals
Benefit from our team’s years of experience in accounting and managing commercial properties efficiently and effectively.
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Informed decision-making
Our detailed financial reporting empowers you to make informed decisions about your property’s future.
Property Management Accountants
As leading property management accountants, we focus on managing and recording the financial side related to commercial and residential properties. What sets us apart is our attention to detail and understanding. We take the time to learn your objectives so that we can provide bespoke solutions that align with your aspirations.
We work alongside property management consultants for clients with a few properties to those with large portfolios. We take care of the accounting side of property management, allowing you to focus on the practical aspects. Alongside our commercial focus, we also offer residential property management services for a range of clients.
Our services include:
- Client Deposit Accounting
- Rent Collection, Budget Management and Financial Reporting
- Providing VAT Reporting and Preparation
- Reconciliation of Bank Accounts in Accordance with RICS Regulations
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 consultancy can support your business goals. Contact us today to start a tailored financial partnership.
About us:
Welcome to FHP Accounting we have a wealth of experience and a passion for excellence, we specialise in providing comprehensive accounting services tailored to the property sector. However, our expertise extends beyond property, offering personalised financial solutions for businesses and individuals across various industries.
Our Story:
At FHP Accounting we believe in the power of family values and a personalised service.
Our journey began at FHP property consultants who shared vision of creating an accountancy firm that combines professional expertise with a personal touch. We bring together our unique skills and perspectives to offer a well-rounded and client-focused approach to accounting.
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.
Our Client Reviews
See what our satisfied clients have to say about their experiences with us. Discover why we’re the trusted choice for exceptional service and quality.
“Excellent proactive service, fast response to emails and always extremely helpful. FHP Accounting Service has made sorting my accounts stress free. I would highly recommend.”
“FHP Accounting Services provide a professional and quick service that enables us to provide timely information to our clients and customers. Jessica is our main contact and is a pleasure to work with. Fully recommend.”
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