Episode 5: Accounting 101

19 min. listen
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Published on September 4, 2018

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Chart of Accounts

Want clearer, cleaner books? What about a more useful view into your properties or just easier accounting in general?

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Cynthia Leon is trained in traditional accounting, but found herself quickly learning the ins and outs of property management accounting when she stumbled upon an opportunity with a property management company. That was eight years ago and she now works with two property management companies, including Astound Real Estate in Concord, California.

In this episode, we learn that although accounting may seem daunting at times, it’s achievable. Cynthia discusses how she navigated the main differences between traditional and property management accounting, what you should keep in mind when preparing for an audit and what to look for when hiring an accountant for your company. Listen along to hear additional tips and tricks!

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