Accounting Tips

Welcome to APM Help’s Blog

Here you can find helpful tips and tricks for AppFolio, Buildium, and Propertyware as well as general Property Management Industry tips. Please reach out to us if you are unable to find the answer to your question - we are always looking to expand our knowledge base!

You Probably Have The Wrong Property Management Bank Account
You Probably Have The Wrong Property Management Bank Account
You Probably Have The Wrong Property Management Bank Account

Trust accounts are used to hold money for other people until a trigger of some kind releases it. In the property management industry, these accounts hold funds for customers who are entitled to the money being held there. However, some bankers make a common mistake by opening a general business account and calling it a trust account. This article covers the terminology and regulation of trust accounts in the property management industry to ensure that property management companies and their clients are protected.

How do I post management fees in advance in AppFolio?
How do I post management fees in advance in AppFolio?
How do I post management fees in advance in AppFolio?

You can only pay management fees once the rent has been received. The system will not calculate percentages before income has been paid on the property

Reimburse or Collect NSF Fees in AppFolio
Reimburse or Collect NSF Fees in AppFolio
Reimburse or Collect NSF Fees in AppFolio

Collecting and reimbursing NSF fees from tenants in AppFolio is easy! Here are our step-by-step instructions.

What to Look For When Hiring a Property Management Bookkeeper
What to Look For When Hiring a Property Management Bookkeeper
What to Look For When Hiring a Property Management Bookkeeper

Does your bookkeeper have Bookkeeper/Accounting Experience? Does your bookkeeper have Trust Compliance experience? Does your bookkeeper have Property Management Software Experience?

What the End of the Eviction Moratorium Means for Property Managers
What the End of the Eviction Moratorium Means for Property Managers
What the End of the Eviction Moratorium Means for Property Managers

The end of the eviction moratorium may still not mean everything for property managers is completely back to the status quo

Future of the Rental Property Management Industry and PropTech
Future of the Rental Property Management Industry and PropTech
Future of the Rental Property Management Industry and PropTech

The future of the rental property management industry is going to see exponential dependence on technology and SaaS (software as a service) because this will be the most efficient and secure way to do business

Don't get audited! Are you reporting THIS in your 1099s?
Don't get audited! Are you reporting THIS in your 1099s?
Don't get audited! Are you reporting THIS in your 1099s?

1099 season is already stressful, so don't let them get you in trouble with the IRS! Did you know THIS must be reported?

Keep Bookkeeping Simple
Keep Bookkeeping Simple
Keep Bookkeeping Simple

How can you keep bookkeeping simple in the property management industry? Here are some of our tips and tricks.