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Property Management Accounting and Back Office Support
Somotsoft maintains a robust service offering for property managers who are using Yard Voyager or Intuit Real Estate Solutions (IRES) applications. We also support all of the property management industry segments: market rate, student housing, commercial, retirement, military, etc.

Advantages of Using Somotsoft:
We will cut your accounting and back-office costs 50% to 75%
We guarantee defect-free work
We develop and document your processes and procedures as a component of our services
We continue to improve the processes to meet with your business needs

Property Management Services:
General Accounting:
We can perform your entire general accounting function or any specific function within it. Below is a listing of examples of specific functions we perform:
» Bank reconciliations
» Cash flow reporting
» Distribution accounting
» G/L reconciliation
» Month-end close and reporting
» Mortgage reconciliation and reporting
» Payroll administration
» Preparation of Federal and State tax returns
» Voucher and/or deposit entry
Back-Office support:
We can also perform a wide variety of back office functions, including:
» Development and management of electronic filing systems
» Development and management of TQM systems
» Electronic voucher payment systems
» Moveout processing
» Procedure development and documentation
» Property entry corrections
» Rent roll administration
» Replacement reserve recovery processing

Programs and pricing:
We offer different level of effort programs based on Non-Exempt Level or Exempt Level to Specialized tasks. Volume discount is taken into consideration.

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