Edmonton Property Management Finance Services | Helm Property Helm Property

Finance

Money is No Laughing Matter. Our Professionals will Keep You Balanced

finance

Our Finance Service includes the following:

  • Preparation of occupancy costs for current tenants on an annual basis and a budget for upcoming year.
  • Submit accurate and timely accrual based financial statements monthly and year to date to the owner no later than the 15th day of the following month.
  • Provide service as the “purchasing agent” for the owner in accordance with the spending policy as set out by the owner.
  • Preparation of all checks, maintenance of all financial records and timely disbursements of all funds on accounts payable.
  • Liaise with and provide all appropriate documentation to tenants as required.
  • Collection of rent on a monthly basis
  • Advise on an ongoing basis of any changes in tenancy.
  • Maintain records with respect to leases and occupancy cost.  Set up a separate trust account for each owner.
  • Arrange an insurance appraisal at least every two years to ensure that full replacement cost of the building is maintained.

 

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