Accounting and Reporting Systems

Our staff accountants maintain a running account balance with actual receipts and disbursements for every property posted daily.  We pay all charges against the property, including loan payments, tax payments, insurance payments and bills for supplies, services and repairs.  We make disbursements to our Clients per our Client's instructions and prepare monthly Financial Statements.  Statements are mailed prior to the twelth of the month for client review for triple net leases.  Reconciliation of Common Area Maintenance (CAM) charges occur on an annual basis.  Tenant accounts are subsequently charged or credited.  During thefourth quarter of the year, Income Property operating costs are analyzed and future year budgets are prepared for Owners approval.  We accomplish effective and efficient reporting procedures utilizing the below Timberline Reports:

1. Rent Roll
2. Vacancy Reports
3. Projection Reports
4. Lease Expiration Reports
5. Income and Earning Statements
6. Balance Sheets
7. Partnership Reports
8. Statements of Operations
9. Quarterly Narrative of Property Performances