Outsourced Property Accounting & Monthly Close

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Accurate Financial Records Without the Monthly Closing Delay

Karma Global Solutions provides property accounting services for property managers, real estate companies, investors, and accounting firms that need accurate books and a dependable monthly close. Our team handles day-to-day accounting, reconciliations, accruals, payables, receivables, and property-level reporting. We keep financial records organized by property and entity so that clean, review-ready accounting data supports each reporting period.
Real estate accounting services require more than recording income and expenses. Each month depends on reconciled accounts, accurate transaction coding, current receivables and payables, properly recorded accruals, and a consistent close process. Our team reviews account activity, resolves outstanding items, maintains supporting schedules, and prepares financial information for management review. Businesses can use us for selected functions or complete outsourced real estate accounting while their internal teams stay focused on property operations and portfolio oversight.

Complete Property Accounting Support From Daily Transactions Through Month-End Close

Our property management accounting services support daily bookkeeping, reconciliations, account reviews, month-end adjustments, and reporting across individual properties and multi-property portfolios.
Our team maintains property-level ledgers, posts journal entries, records accruals, and reviews account activity before completing each scheduled monthly close.
Vendor invoices are processed, coded, approved, and organized with supporting records so property expenses remain accurate, complete, and properly documented.
Accounting specialists record tenant charges, apply receipts, monitor outstanding balances, and maintain receivable schedules for accurate collection tracking and review.
The team reconciles bank, escrow, mortgage, and balance sheet accounts, investigates differences, and documents adjustments before each monthly reporting cycle.
Recurring accruals, prepaid schedules, expense allocations, and period-end adjustments are maintained so monthly results reflect the correct accounting period consistently.
Tenant, owner, deposit, and escrow balances are tracked separately, supporting reconciliations and documentation for accurate property-level accounting records each month.
Income statements, balance sheets, cash reports, and accompanying schedules that offer unambiguous insight into monthly property performance are all included in financial reporting.
We organize owner statements, distribution support, management fee activity, and portfolio summaries so stakeholders receive information backed by accounting records
Cleanup work corrects prior-period entries, reconciles unresolved balances, clears coding issues, and organizes records before delayed property books become current.
Our services

Services for Real Estate Businesses and Accounting Firms

Real Estate, Accounting, and Construction Platforms

Software We Work On

Our Core Sectors

Industries We Serve

Frequently Asked Questions

Q1. What are property accounting services?

Property accounting services cover financial activities such as transaction recording, AP and AR, reconciliations, accruals, month-end close, and property-level financial reporting.

Yes. Karma Global Solutions can handle selected accounting functions or provide complete monthly accounting support based on your internal team and portfolio requirements.

Our real estate bookkeeping services can include ledger review, bank and balance sheet reconciliations, accruals, prepaid adjustments, open AP and AR items, and supporting schedules.