Decision Group is providing back office services to the Property Management Companies in US under the Decision Property Management Department.
Services
- Maintain Rent Roll
- Accounts Receivable/Payable
- Process Maintenance work orders
- Lease Review and Renewals
- Owner statements
- Communications to owners/tenants for any late or non-payment of Rent
- Day to Day Accounting
- Renewal of License
- Manage HOA’s
- Reconciliation of bank account
- Create Purchase Orders
- Posting Utility Bills
- Invoicing to home owners
Activities
- Review New Leases/Renewals
- Provide Accounts payable report for the day to write checks to the vendor
- Process owner statement (this function is performed daily until all the tenants have paid their rent)
- Responds to email(owners as well as Tenants side)
- Process management fees and update books of accounts
- Process Move-out requests
- Process Work orders and create work orders
- Prepare list of move-out work orders and cleaning fees/generate invoice and post charges to owners books of account
For HOA
- Record Bills received in the books of accounts
- Pay bills in the software post approval
- Generate Work orders for Tenants/Owners/Vendors
- Generate Purchase orders for Vendors
- Reconcile Bank accounts as well as Credit Card
- Process transfer of funds from operating account to Escrow and update books of accounts
- Pay HOA fees as well as Utilities and record in the books of accounts
Above services are rendered per seat basis and it requires a full time dedicated staff. We charge our clients based on number of Properties to be managed. And if a client has a specific requirement then we will have to see the scope of work and then we can price it out depending on the how many hours it will require per week.