fbpx
Call or Text: +1 (281) 949-8755
info@apmhelp.com

Tag: Accounting

Stand Apart From The Rest

The Property Management industry is full of competition, giving potential renters numerous options at their fingertips. It’s important to know what they are looking for so that you can accommodate them and separate yourself from the guys next door. It’s not just the shiny countertops, updated fixtures, and clean carpeting that we’re talking about here…

Keep Bookkeeping Simple

How can you keep bookkeeping simple when you may not know how to do bookkeeping? Simply just take the time and do it. Avoid the rabbit holes. Part of the human condition is allowing conflict instead of to keep things simple so that we can stay focused enough to get things accomplished. While collaborating there…
Read more

Entity Distribution vs Property Distributions

Here’s a head’s up for something to watch out for in Property Management Trust Accounting software such as AppFolio. The scenario would be if you ever run a property negative (which definitely could happen) – because this is property-based accounting, it will actually draw the entity negative which results in an illegal commingling of funds.…
Read more

Rent Credits to Tenants

Here are some commonly asked questions about Rent Credits to Tenants, “What GL account would I use for rent credits to a tenant?”; “Would we use an other GL account?”; and “Does it matter whether this is set up as an expense versus income?” These are good questions. Tenant credits need to be accounted for…
Read more

Lauren is Original!

Lauren Crosby was a big part of the beginning of the APM Help Team. First there was Taylor to come up with the idea of a “team” and then there was Lauren. How Did She Become Involved with AppFolio? Lauren began her initial experience with AppFolio at the Dallas office of AppFolio in the customer…
Read more

Security Clearing Account

What is the Security Clearing GL Account? Every AppFolio database includes a list of key GL accounts (the Chart of Accounts) prior to going live with AppFolio that includes a Security Clearing GL account. This account is not necessarily an income, expense, asset, liability or capital type GL account. Security Clearing is a pass-thru GL…
Read more

Sometimes it’s all about Taylor

Sometimes it’s all about Taylor because Taylor Hou has a huge following amongst the property management community, one of which includes Erika Lamb with Welcome Home Real Estate & Property Management. Welcome Home manages higher end single family homes and you can find out more about them at www.welcomehm.com. There you can learn more about…
Read more

Spotlight on Caroline Richardson

Meet our very own Caroline Richardson and join us as we follow Caroline’s personal journey to an “Expert Level.” Caroline is an accounting expert in Property Management and a valued team member with APM Help & Bookkeeping as a Co-Director of the AppFolio Bookkeeping division. She has had previous accounting experience with various industries as…
Read more