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!

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

How do I return overpayment to a tenant in AppFolio?How do I return overpayment to a tenant in AppFolio?

Once the charge is posted, make sure that the tenant payment is applied to the clearing charge.

How to clear or pay outstanding NSF fees in AppFolioHow to clear or pay outstanding NSF fees in AppFolio

If you are referring to uncollected NSF Fees from the tenants, then you would be able to collect those by running Pay Management Fees under Accounting > Payables. Be sure to run it as of "End of Last Month" and then as of "Today". Once you run that function and pay those bills, go to the Accounting > Diagnostics page.

What to Look For When Hiring a Property Management BookkeeperWhat 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

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 PropTechFuture 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

Keep Bookkeeping SimpleKeep 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 keeping things simple so that we can stay focused enough to get things accomplished. While collaborating there is…

Accounting for a Tenant’s Bad Debt in AppFolioAccounting 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.

Non-Sufficient Funds Payments from TenantsNon-Sufficient Funds Payments from Tenants

Here’s a scenario in which the Tenant has bounced payments more than once and you no longer want to allow this to continue. What are the Property Manager’s options? To start, it is important to consider that most property managers prefer that payments are made electronically. This saves time and virtually eliminates the possibility of…