• News
  • Real Estate

Accounting, financial reporting affects commercial property performance

Related Special Reports

Accounting and financial reporting are central aspects of the commercial property management industry. In order to operate an efficient commercial asset and produce accurate financial records, accounting programs must be integrated with the core property management functions. The use of a comprehensive database that incorporates all of the commercial real estate processes is integral in ensuring the financial management of the commercial asset and aids in optimizing operations.

Meissner Jacquét Investment Management Services offers full-service accounting and financial services for commercial real estate properties that provides our clients with financial information to assist in their decision making process. Our team of experienced senior accountants produces accurate financial reports and works directly with our property managers to ensure that our client’s property financials are accurate and on time so as to maximize our client’s return on investment.

Typical accounting and financial reporting tasks include the maintenance of accurate and complete files, books and records; standard or customized financial reports that meet the needs of the client, which include the management report, delinquency/aging receivables report, balance sheet, income statement, budget variance analysis and comparison report, bank statement reconciliations, rent roll, and general ledger; accounts payable / accounts receivable; tax responsibilities; year-end audits; past due collections; budget entry and reporting; and CAM reconciliations. The financial management report can be provided to the client on a monthly or quarterly basis and offers the client an overview of the year-to-date budget comparison which summarizes the cash flow for the asset, an outline of any tenant and property issues, leasing and marketing efforts/results, and other pertinent property issues.

Meissner Jacquét’s accounting and financial services allows our clients to measure their commercial asset’s resources, gauge performance, utilize available financial tools and models, and forecast future property performance. We understand that the financial information that we provide to our clients is more than just numbers, it means the difference between the financial success or failure of their commercial asset. By providing our clients with comprehensive and meaningful accounting and financial reports our clients fully comprehend their property’s financial condition and we are enabled to effectively manage the overall performance of their commercial asset.

For over 20 years Meissner Jacquét has been successfully managing the business of commercial real estate by being a leader in the commercial property management industry. We continue to adapt to the cyclical nature of the commercial real estate environment in order to provide quantifiable, bottom line results. Meissner Jacquét provides property management services to office, retail, industrial, multifamily, and Commercial Owners Association properties throughout Southern California and Arizona.

To learn more about Meissner Jacquét’s accounting and financial services, contact Jerry Jacquet at (858) 373-1130 or jerryj@meissnerjacquet.com.

-Submitted by Meissner Jacquet Investment Management Services.

User Response
0 UserComments