Doing bank reconciliation for any reason is a time-consuming process and there are few solutions out there to help, and even those can be cost-prohibitive. The number of solutions for property managers are even fewer. Fortunately, Remote Landlord takes the guess work out of doing your balance sheet reconciliation for a fraction of the cost.
Our Bank Reconciliation module puts your Payables, Receivables and Journal Adjustments together, making it super easy to reconcile everything. Every payment made to a vendor, every deposit from a tenant (including those coming from Tenant Web Portal), and every journal adjustment which impacts the bank account are listed, and by selecting the transactions which are part of the current bank statement, you can reconcile the system with your bank account. Bank activity by way of printing checks is also coordinated with your bank reconciliation.