Accounting Concepts in Real Estate, LLC (ACRE) Information

Accounting Concepts in Real Estate (ACRE) specializes in performing high quality accounting/bookkeeping work for real estate companies. ACRE has 30+ years of extensive knowledge in the real estate accounting market. ACRE benefits our clients by: • Reducing accounting overhead costs by outsourcing vs hiring full/part time employees. • Reducing costs of employee turnover, training and managing. Provide consistent knowledge. • Being available to our clients when they rapidly and successfully expand their business. • Relieving stress of fluctuating increased workloads throughout the year. ACRE provides the following services: Property Management Companies: • Financials and Daily Transactions - Tenant billing, accounts payable, lease entry, cash posting, journal entries, mortgage payments, variance analysis and all other transactions to produce monthly reports. • CAM Reconciliations and Budgets • Property Setups/Sales • Overflow Projects Construction Companies: • Construction Pay Applications – Assist in reviewing or completing pay applications. Job cost coding, budget comparison analysis, review lien waivers (conditional and unconditional) to ensure accuracy and any other transactions to complete pay applications. • Construction Loan Draws – Complete requirements for a construction loan draw. • Job Cost Setup – Set up new projects. • Overflow Projects General Corporate Accounting: • Produce company financials, budgets, variance analysis, payroll, human resources, review internal controls. Interim Controller/Accountant: • Available to assist companies with temporary help from the Accountant level to the Controller level. Training: • Train staff on CAM reconciliations, budgeting, financial reports, accruals, analyzing the variance report, and all other accounting transactions. Please contact us, at 303-359-5658, to discuss and research the services needed to help your company achieve its goals.