Webinar: Property Accounting Best Practices: Where Property Managers Go Wrong (Live)

Accounting can make or break your property management business and mistakes can be expensive. Join this exclusive webinar with a seasoned CPA and property management accounting expert to learn how to avoid the most common pitfalls and take control of your financials with clarity and confidence. You will learn: The biggest accounting mistakes (and how to fix them) Why bank reconciliations are critical How to track fixed assets and depreciation effectively Property vs. company accounting QuickBooks vs. DoorLoop What reports you need for tax season Resources: Contact or hire Ramon from RSKPJ: https://www.rskpjas.com Beginner’s Guide to Property Management Accounting: https://www.doorloop.com/blog/beginne... Watch our DoorLoop Accounting video: https://support.doorloop.com/en/artic... Download the Accounting definitions cheat sheet: https://cdn.prod.website-files.com/5f... Chapters: 0:00:30 Introduction 0:01:45 Raman's Background 0:03:15 Common Mistake 1: Bank Reconciliation 0:08:26 Common Mistake 2: Tracking Fixed Assets & Depreciation 0:15:40 Property Accounting vs. Other Software 0:17:21 GAAP Accounting & Benefits 0:20:48 QuickBooks 0:25:29 Categorizing Transactions & Recurring Charges 0:28:37 Essential Reports for Taxes & Operations 0:34:42 General Advice 0:40:27 Q&A: Bank Reconciliation & Petty Cash 0:43:01 Q&A: Property Manager & Owner Books 0:52:25 Q&A: Entities & Sales Tax 1:07:55 Q&A: Reports & Categorization 1:19:11 Q&A: Trust Accounts & Capital Expenditures 1:22:50 Q&A: Technology Fees & Wrap-up Our Social Media: IG:   / doorloopapp   TikTok:   / doorloopapp   Facebook:   / doorloopapp   LinkedIn:   / doorloop   Twitter:   / doorloopapp   #propertymanagement #propertymanagementaccounting #propertymanagementsoftware Category: Accounting Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. The prices mentioned in this video are accurate as of the time of recording. However, prices are subject to change at any time without prior notice. We recommend checking the official website for the most up-to-date pricing and offers. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.