Smith Accounting
Accounting for Rental Property Owners

Smitth Accounting

Accounting Services for your Rental Properties so you to focus on your business, not Accounting.

Short Term Rental Accounting
Vacation rental property accounting

About My Company

Experienced Rental Property Accountant

As a certified QuickBooks advisor, I work with clients with one property to clients with over 200 properties. While recording your income and expenses, I keep the properties separated by using classes to reduce the software costs. Another benefit of classes is to provide a detailed profit and loss for each property to help you make your financial decisions.

Accounting is a challenging task for most companies of any size. If you own a business, you probably want to spend you’re your time on core tasks and accounting is not one of them. I organize transactions in a consolidated chart of accounts. Then the accounts are used to categorize each entry, ensure the accounts balance, and provide financials for your tax advisor.

Rental property accounting services

The initial setup includes:

  • Company and tax information
  • Chart of accounts and classes
  • Vendors with 1099 info. and customers
  • Checking and Credit Card information

Monthly reconciliations include:

  • Reconcile mortgages Statements
  • Bank and Credit Cared Reconciliations
  • AP and AR Reconciliations
  • Income statement review and variances
Accounting Services for rental properties
QuickBooks certified accountant
Short term rental accounting
  • Balance Sheet
  • Income Statement (Profit &Loss)
  • Variance Reports
  • Ad hoc Reports as requested

Located near Penn State Univeristiy