Month-End
We are to make sure this transaction is debited from the bank and journal entry is recorded by the 10th of every month. It also allows you to tie-out escrow during month-end.
What is posting of monthly debt services?
The first task that due from accountants on the tracker
What are the bank reconciliations?
This worksheet is sent out every week to be filled-out by COB Monday.
What is the "Pay Up To Sheet"?
This ticket is submitted when a vendor payment has not been cashed and it's over 30 days.
What is a voided check request?
After financials are posted, we are required to input variance analysis to these accounts
What are utilities, property taxes, insurance, interests and any other accounting entry that prompts a variance explanation.
Bank statements are reconciled through a certain date of the month
What is the last day of each month?
Any checks to be voided should be submitted in the form of.
What is a help desk ticket?
This ticket is submitted before 4:00 and sends a payment to a vendor that day.
What is a wire request?
This metrics allows all parties involved with a property to know where the team is in the process of close.
What is the tracker?
The only transactions posted to cash clearing.
What are deposits or returned items that have not been posted for that period?
This system is used to submit invoices for payment
What is Ops?
This ticket is submitted when there is a check that is needed to be processed within 24 hours.
What is an emergency check request?
Only these invoices are recorded to the 9000 series of accounts.
What are invoices from the construction team?
These tenant related items are to be cleared in current month or else we should research why these items have not.
What are deposits in transit?
A vendor is created by submitting the following tax form.
What is a W-9
Tamara get this request when there are issues with property manager's funding transactions.
What is a P-Card ticket?
All prepaid items are fully amortized unless the client request or it's over this amount.
What is $2,500?
No items should be outstanding on the bank reconciliation over 90 days with the exception of these items.
What are tenant refund checks?
Stop pays are created over a certain dollar amount.
What is any dollar amount over 50.00
A ticket is submitted when a vendor has not been registered in our system.
What is a Vendor Addition Request (VAR)?