Bank Reconciliation

1. We Gather All the Details, So You Don't Have To

We collect every piece of documentation needed to reconcile your accounts, including:

• Bank statements for the chosen period (daily, weekly, or monthly).
• Accounting records from your software, matching rent payments, vendor transactions, and operational costs.
• Receipts and invoices for each transaction.

By letting us handle the heavy lifting, you free yourself up to focus on more strategic tasks.

2. Daily Reconciliation for Larger Accounts – Keeping You Up-to-Date

Keeping track of hundreds of daily transactions is critical for larger real estate portfolios. At Accuria Solutions, we offer daily bank reconciliation services with a dedicated accountant assigned to your account. This ensures:

• Immediate identification of discrepancies, errors, or uncleared transactions.
• Up-to-the-minute cash flow visibility, allowing you to make informed decisions.
• Faster resolution of issues, preventing problems from piling up at the end of the month.

3. Uncover and Resolve Discrepancies – No More Guesswork

We take a detailed approach, matching every transaction:

• Deposit Matching: We verify that rent payments, HOA dues, and other funds align with your bank records.
• Expense Verification: Payments to vendors, contractors, and service providers are cross-checked to ensure accuracy.

When we identify any discrepancies, such as uncleared checks or payments, unrecorded bank fees or interest adjustments, or missing or duplicate transactions, we address and correct them immediately, ensuring your records are always accurate.

4. Comprehensive Adjustments and Final Reporting

Once we've matched and validated each transaction, we provide you with a clear, actionable reconciliation report. This includes:

• Any necessary adjustments we've made to ensure your records align.
• A closing balance that reflects what's actually in the bank.

For trust/escrow accounts, we also ensure that funds are properly segregated and managed according to legal requirements.

5. Audit-Ready and Fully Documented

You'll never need to scramble to prepare for audits or financial reviews again. Our reconciliation services include:

• Full documentation of all transactions and adjustments.
• Transparent, audit-ready records at your fingertips.