fbpx
+1 (281) 949-8755
info@apmhelp.com

Tag: AppFolio

AppFolio: Am I overstating income on my 1099-MISCs?

January is a stressful time of year, mainly due to taxes. If you’re in the world of property management, you are most likely worried about the accuracy of your 1099-MISCs and NECs. There are a lot of things that need to be reviewed before you finalize your 1099s, one of those things being prepaid rent.…
Read more

What does APM Help do, exactly?

Well, I am glad you asked! In short, APM Help is a fully remote, full-service bookkeeping company that specializes in AppFolio, Buildium, and Propertyware (for now). Our team is made up of accountants, software experts, artists, dog lovers, musicians, and more! We are real people, just like you and your team. We know that it…
Read more

The mysterious drain clog

Did I get your attention? Good. We wanted to share some of the of wildest maintenance stories that are from real Fyxed Maintenance clients. If you have your own crazy stories you’d like to share then leave a comment below – we’d love to hear them! What’s in the pipes? Management of Apartment Complexes is…
Read more

AppFolio: How To Avoid Issues On Your Diagnostics Report

The Financial Diagnostics report is one of the most useful tools in AppFolio, however, most people don’t know that it exists. For those of you who do know what it is, do you know how to make the corrections properly? Some of you do, but most people make “bandaid entries” like non-cash Journal Entries or…
Read more

How to file 1099s in Property Management

It’s that time of year again! It’s time for 1099s for property managers. I’m not talking about Christmas or New Years. Something far less exciting but a necessary part of the property management industry. It’s 1099 season. Every year as the Jan 31st deadline approaches we get dozens of emails and calls from panicked clients,…
Read more

How To Cleanly Switch To A New Property Management Software

The switch from a software you’ve been using for years to a newer software can be exciting and challenging. It is important to familiarize yourself as soon as possible, which means training! Today, we dive into some of the available resources to help you and your team become comfortable with AppFolio, Buildium, or Propertyware. Those…
Read more

How To Make Your Properties Stand Out To Potential Renters

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…

A Prepayment Is Not Cash Income

In AppFolio, a prepayment is typically for rent that is received before it is due. It is treated as a liability and the GL account will often be called Prepaid Rent. It will probably be set up as is the following: Because prepaid rent is accounted for as a liability it cannot be used for…
Read more

Deposit Disposition Letters in AppFolio

Have you ever wanted to edit the disposition letter in AppFolio? Maybe you’d like to modify it so that there is not a phone number included. This can be done and here’s how: Navigate to the Reporting section and then select Letters from the subtask of menu items from the left side navigation panel. In…
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