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ACCOUNTING & LEASE ADMINISTRATION
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ACCOUNTING &
LEASE ADMIN

Personalized back office support

Offload the repetitive tasks that keep your teams from focusing on the work that satisfies minds and raises margins. Our staff augmentation services enable you to flex business as needed, when needed. Whether you have a large project and need to act quickly, or need to scale down, we’re here to offer personalized support.

Accounting services for real estate companies

Our onshore/offshore accounting support model includes executive sponsorship, stateside and day-to-day operational support from our employees located throughout India. We have found that supporting your daily processes, and allowing your local accounting resources to concentrate on proactive interpretive accounting deliverables is an optimal balance for the accounting outsourcing model. Outsource tasks on a property basis, a functional basis, or a transactional basis—all billable directly to individual entities, to ensure your best bottom line. Listed here are some of the types of services we can provide, as our team can be malleable to special projects, as well as long-term support.

Accounts payable:

  • Invoice processing
  • Review and posting of invoices
  • Vendor setup and maintenance

Accounts receivable:

  • Monthly commercial billing
  • Processing receipts into accounting system
  • Tenant ledger reconciliations

Bank reconciliations:

  • Track daily bank transactions
  • Monthly bank reconciliation
  • Cash balance summary

Sub-ledger analysis:

  • Accounts payable to general ledger
  • Accounts receivable to general ledger
  • Security deposit to general ledger

Reconciliations:

  • RE tax
  • Insurance
  • Mortgage with escrow
  • Replacement reserve
  • Commercial recovery

General ledger work papers:

  • Monthly work papers
  • Monthly expense accruals

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Accounting

For commercial, retail, and industrial portfolios, FitechGelb provides full lease administration services, delivered directly into your ERP platform or in Excel—ready for upload. With silver, gold, and platinum tiers, we can capture specific or customized amounts of data. Additionally, we’ll confirm accurate lease data for in-place leases—adding options, clauses, and modifications to your in-place lease data—and perform CAM reconciliations, as well as any other lease-audit related activities that are available.

Accounting Services for Portfolios:

Lease Administration

For commercial, retail, and industrial portfolios, FitechGelb provides full lease administration services, delivered directly into your ERP platform or in Excel—ready for upload. With silver, gold, and platinum tiers, we can capture specific or customized amounts of data. Additionally, we’ll confirm accurate lease data for in-place leases—adding options, clauses, and modifications to your in-place lease data—and perform CAM reconciliations, as well as any other lease-audit related activities that are available.

FitechGelb’s Lease Abstraction Tiers

Life Cycle Services

See how our other services can set your business up for success.

REAL ESTATE
CONSULTING

Efficient real estate systems—that last. From system selection to implementation, FitechGelb is your partner—start to finish.

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IT & SECURITY

Cloud solutions that ensure enterprise-level business continuity, no matter where you are, or what is happening in the world.

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SMART TECH
INFRASTRUCTURE

Smart technology solutions and implementations that keep buildings secure and connected—for the long run.

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