FINANCIAL REPORTING
At Crook Properties, we understand the importance of financial reporting for our clients. We take pride in providing accurate and transparent financial reporting that helps our clients make informed decisions about their property investments.
Our financial reporting process includes regular income and expense statements, budgets, rent rolls, bank reconciliations, accounts receivable and payable records, general ledger, and tax reporting. We use advanced accounting software and tools to ensure that all financial data is accurate, timely, and easily accessible.
We believe that transparency is key, and we provide regular updates to our clients on their property's financial performance. Our clients have access to their financial reports online through our secure client portal, which they can access anytime, anywhere.
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WHAT TO EXPECT
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​Income and Expense Statements: Crook Properties will provide regular income and expense statements that accurately reflect the financial performance of the property.
Budgets: We will create and maintain a budget that outlines projected income and expenses for the property. This budget should be regularly reviewed and updated as necessary.
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Rent Rolls: Our team will maintain a rent roll that provides an overview of the rental units, including occupancy status, rental rates, and lease terms.
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Bank Reconciliations: Crook Properties will perform regular bank reconciliations to ensure that all transactions are recorded accurately in the accounting system.
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Accounts Receivable and Payable: We maintain accurate accounts receivable and payable records to ensure that all rental payments are collected and all expenses are paid on time.
