14 Jul Bookkeeping for Real Estate Agents
Having the right bookkeeping system is key to your success as a Real Estate agent.
It allows you to assess the value of your business, offers insight to your business strengths and weaknesses, manage cash flow and prepares you for your annual tax return.
What does a Real Estate Agent need to track?
The two basics are Income and Expenses
– Income from Commissioned Earnings
– Expenses such as Association Fees, Office-Related Costs, Continuing Education Fees, Auto Expenses and Marketing Costs
What else do we do?
– Prepare and file GST/HST
– We assist you on keeping your business and personal expenses separate
– Ensure your files and data is always current as all information is maintained in a cloud-based software system