How FHP Accounting Is Transforming Property Service Charge Accounting with Re-Leased

 

At FHP Accounting, we’ve always believed that great property accounting is about more than numbers, it’s about helping property managers and investors run more efficient, compliant and transparent operations.

That’s why we’ve embraced cloud technology and digital innovation to enhance how we deliver our services. Recently, FHP Accounting was featured in a RE-LEASED client story, where we shared how this partnership has helped us modernise workflows, strengthen client relationships and raise industry standards.

Bridging the Gap Between Accounting and Property Management

FHP Accounting was founded on a simple idea, that property professionals deserve specialist accounting support tailored to their industry. Traditional accounting tools often fall short when managing complex service charges, lease structures and compliance requirements.

We saw an opportunity to bridge the gap between accounting and property management, bringing clarity and efficiency to an area that’s historically been challenging.

“It’s not something you learn in your accounting exams - it comes from experience,” explains our Director, Kellee Quigley. “That’s how we found ourselves specialising in this sector.”

As client portfolios grew, many found that manual spreadsheets or outdated systems couldn’t keep pace. They needed a more connected, transparent and purpose-built solution, that’s where RE-LEASED came in.

Choosing Re-Leased: Building a System That Works for the Real World

Our journey with RE-LEASED began through our sister company, FHP Property Consultants, who were facing the same challenges many property professionals encounter, legacy systems that just weren’t fit for purpose.

After testing several platforms, RE-LEASED stood out for its intuitive design, flexibility and focus on real property accounting needs. As early adopters in the UK, we worked closely with their team to help fine-tune the platform for local service charge regulations and real-world workflows.

“We were really involved in the fine-tuning of the software,” Kellee recalls. “We helped build the system out, and that collaboration means we can now deliver even more value to our clients.”

Why Re-Leased Works for FHP Accounting (and Our Clients)

From an accountant’s perspective, Re-Leased provides everything we need in one place; financial data, property details and clear visibility across portfolios.

Here’s what makes it so effective:

• User-friendly design: Simple for accountants, property managers and owners to use with minimal training.
• Centralised data: Everything sits in one secure platform, reducing duplication and confusion.
• Transparency: Clients can easily view what’s happening behind the scenes, increasing confidence and trust.

“Re-Leased is functional, user-friendly and much easier to navigate than traditional systems,” says Kellee. “It’s become the central hub for property accounting.”

A Bespoke Service for Every Client

No two clients are the same and that’s exactly how we like it.

Some clients give us full access to their Re-Leased system so we can manage everything from document retrieval to year-end reconciliations. Others prefer to keep hands-on control while we provide expert oversight and troubleshooting support.

This flexible approach means we can act as both a hands-on partner and a trusted advisor, depending on what each client needs.

“Our USP is that we’re completely bespoke, we adapt to each client’s systems, preferences and processes,” - Kellee Quigley

We’ve even stepped in as emergency cover for clients whose in-house accountants left unexpectedly .

The Results: Efficiency, Accuracy and True Audit Readiness

With Re-Leased, our team can run full service charge reconciliations and generate audit-ready reports directly within the platform, saving hours of manual work.

Key benefits include:

• Time savings: No more chasing spreadsheets or email trails.
• Audit-ready reporting: Locked-down reconciliations that can’t be altered later.
• Transparency: Clients gain instant visibility into their finances.

“The lock-down function gives us real confidence in the figures,” Kellee explains. “It ensures everything is accurate, compliant and audit-ready.”

Empowering Property Professionals

Perhaps the most rewarding impact has been seeing how this technology helps our clients do what they do best, manage properties and relationships.

With administrative tasks streamlined, property managers can spend less time behind a computer and more time engaging with tenants, visiting sites and growing portfolios.

“That’s where they should be - out on site, interacting with clients,” says Kellee. “Re-Leased frees them up to do what they’re best at.”

Looking Ahead: AI, Automation, and the Future of Accounting

Our partnership with Re-Leased continues to evolve. We’re now exploring integrations with Credia, an AI-driven tool that helps automate complex tasks like lease reviews and data extraction.

This technology not only improves speed and accuracy but also enhances audit compliance, allowing our team to focus on strategic growth and client relationships.

“AI is always evolving,” says Kellee. “It’s a great support system that handles admin so we can focus on delivering value.”

Building Trust, Raising Standards

Our clients frequently tell us how valuable it is to work with accountants who understand both service charge accounting and the software they use daily.

That shared foundation speeds up communication, improves accuracy and ultimately builds trust.

“It’s a relief for clients to find an accountant who knows Re-Leased inside and out, they don’t have to explain every process - we’re already aligned.” Kellee Quigley

Continuing to Lead the Way | FHP X RE-LEASED

Our work with Re-Leased represents more than just a software partnership, it’s part of our broader mission to modernise property accounting across the UK. As we continue exploring new technologies and shaping best practices, our goal remains the same. Our goal is to make property accounting simpler, smarter and more transparent for everyone involved.

“Re-Leased is the heartbeat of a modern property management business,” Kellee concludes. “It brings everything together, powerful, easy to use and designed for the realities of our industry.”

Read the full story on the Re-Leased website.

To find out how FHP Accounting can support your property business, get in touch with our team today.