Financial Reporting and Managementbloomford2020-02-28T14:57:47+00:00
The basic need in property management is cash flow and the ability to meet the routine and projected expenditure. At Bloomford Property Management we understand the need and value in creating an effective financial management support to allow the prompt collection of service charges and the efficient payment of suppliers.
As Landlords ourselves we value transparency and adhere to statutory compliance when preparing our Client’s financial accounts.
We understand the need for up to date reporting and have invested in specialised software which has the functionality to provide you with up to date financial statements.
Copy of Invoices
Collection procedures with tenants
Implement collection procedures
Provide direct debit administration management
Periodic financial reports
Include accruals and prepayments
Analysis of financial statements
Ongoing analysis of budget against actual expenditure
Monitoring individual maintenance contracts
Meeting credit terms
Preparation of management accounts
Liaison with Auditor and dealing with queries
Presentation of audited accounts to Directors
Filing of Accounts
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