Outsourcing means hiring an outside team to handle your accounting instead of doing it within your company.
When you outsource real estate accounting, experts take care of tasks such as:
• Everyday bookkeeping
• Rent collection and tracking
• Vendor payments
• Monthly financial reports
• Taxes and regulatory filings
• Property depreciation
• Lease and CAM charge tracking
It f... https://www.meruaccounting.com/why-should-outsource-real-estate-accounting/