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Tag: APM Help & Bookkeeping

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…

Reconcile Your Bank Accounts

I know for a fact that there are companies that do not do monthly reconciliations. Property Managers don’t recognize the importance of reconciling their bank trust accounts. To think about reconciling your bank accounts, you’ll think about a 3-way reconciliation. It is an audit requirement to reconcile your bank trust accounts in many states. A…
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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…
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Accounting for a Tenant’s Bad Debt in AppFolio

A tenant has moved out leaving a $400 balance of bad debt on their tenant ledger. The property manager feels that she will never see payment for the $400 balance. She is not sure what to do with a tenant’s bad debt.

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…
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Uncleared Items in Your AppFolio Database

We’re getting towards the end of the year folks. Here’s a reminder… have you checked your uncleared items lately?   Uncleared deposits might mean you have overstated your income. An example might be with an actual deposit of a receipt AND than there is also a JE placeholder that represents that deposit or receipt created…
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