WPM Accounting

Maintain accurate property and business financial records, streamline accounting administration, and gain clearer reporting while freeing time to manage and grow your portfolio.

Improve financial accuracy and reporting while reducing accounting workload and helping real estate professionals monitor property finances and plan for growth.

Property management accounting services

WPM Accounting provides remote bookkeeping and accounting support for property management businesses. Basic, Gold, and Platinum packages cover vendor invoices and payments, rent entries, tenant and owner ledgers, owner draws, lease and management agreement data entry, recurring charges, commission accounts, and security deposit tracking. Higher tiers add monthly trust and deposit account reconciliations, three-way tie-outs, owner and vendor 1099s, and operating account support. Additional services include corporate bookkeeping, operating account reconciliations, payroll and expense tracking, financial reporting, and accounting setup and cleanup. WPM works within clients’ existing software and offers tailored support for different portfolio sizes, with a dedicated coordinator and one-on-one basic training.

Category: Accounting Services

• Organize Transactions And Process Vendor Payments
  Handle routine income and expense entries, vendor bills, invoice attachments, and payments to help maintain organized property and company financial records.
• Manage Rent Billing And Tenant Records
  Keep rent entries, tenant billing, payment activity, deposits, and tenant ledgers organized through outsourced receivables support.
• Manage Owner Ledgers And Payments
  Organized owner ledgers, correctly categorized draws, fee sweeps, payments, and statements help maintain clear owner financial records and accurate equity balances.
• Maintain Agreement And Charge Records
  Agreement data entry, scheduled charges, commission accounts, and tenant transition entries help keep related property and financial records consistent.
• Track Deposits Through Disposition
  Maintain organized records of security deposit collections and dispositions, including entries associated with tenant move-ins and move-outs.
• Reconcile Accounts And Align Ledger Balances
  Compare account activity with bank records, identify discrepancies, and align relevant balances through monthly reconciliations and three-way tie-outs.
• Organize Corporate Books And Expenses
  Maintain structured corporate records through income and expense tracking, vendor payment support, payroll and expense organization, and accounting setup or cleanup.
• Maintain Clear And Audit-Ready Records
  Accurate records, reconciliations, and reporting help clients review financial activity and keep documentation organized for audits and other financial reviews.
• Work Within Existing Accounting Systems
  Receive accounting support in existing platforms and workflows, with assistance configuring systems, improving processes, cleaning up records, and coordinating data across supported tools.
• Choose Support That Fits Your Portfolio
  Tiered packages and service options let property managers select support for their business needs, with remote services designed to adapt as portfolios change.
• Prepare Owner And Vendor 1099s
  Owner and vendor 1099 support is available as part of expanded accounting services, including year-end preparation and filing.
• Work With A Dedicated Coordinator
  An assigned coordinator provides a point of contact, while Basic package customers also receive one-on-one basic training.

Real estate accounting services

WPM Accounting provides bookkeeping and accounting services for real estate investors, developers, brokerages, property managers, landlords, and owners. Services include transaction categorization, accounts payable and receivable, bank and credit card reconciliations, lease tracking, and financial reporting. The team works with clients’ existing real estate and accounting platforms, supports custom Excel- or CSV-based workflows, and can help with budgeting and forecasting. Its tailored, remote service supports portfolios of different sizes and helps clients maintain organized financial records.

Category: Accounting Services

• Organize And Track Property Finances
  Keep transactions categorized and reconciled, with journal entries and core financial statements prepared to support clear, accurate books.
• Track Bills Invoices And Payments
  Manage incoming and outgoing payments and keep vendor bills and rent invoices organized, supporting payment processing and collections.
• Match Accounts Against Statements
  Verify account activity against statements, identify discrepancies, and keep financial records accurate and organized.
• Deliver Clear Financial Reports
  Give owners, investors, and partners financial information suited to their needs, with reports that support visibility into property and portfolio performance.
• Track Leases And Recurring Charges
  Keep lease information and renewals organized across properties and support consistent tracking of rental payments and other scheduled charges.
• Keep Records Organized And Audit-Ready
  Maintain complete, accurate financial records organized for audits, tax preparation, and financial reviews.
• Monitor Property Financial Performance
  Organize financial information to provide greater visibility into cash flow, property-level activity, and investment performance.
• Scale Support To Your Portfolio
  Receive remote accounting support tailored to existing workflows and portfolio needs, with service designed for businesses managing different portfolio sizes.
• Support Financial Planning
  Access budgeting and forecasting support to help inform financial planning for a real estate business.