Call: 07836 364142

4 Marchbank Gardens, Paisley, Renfrewshire PA1 3JD, UK

In conjunction with managing day-to-day tasks, owners of estate and lettings agencies require to navigate a myriad of legislation and administration that you as a business must comply with.  Having an experienced trusted advisor on your side to guide you through the compliance work required, can assist business owners by freeing up their time and allow you to concentrate on growing the business.

Estate & lettings agents require the handling of ‘client monies’ and it is therefore essential to maintain accurate records that comply with the regulations for dealing with other people’s money.  Where there are a high volume of transactions, mistakes are more likely and the importance of maintaining control over accounts such as Deposits Held, Rent Received and Rent Payable ensures that any transactional errors are picked up and quickly and corrected.

Our Company use Xero cloud based accounting systems in conjunction with your lettings CRM software to record all your business transactions.  Each is recorded by individual property allowing ease of tracking and reduced errors.  Information is available online any time, any where, on any device (PC, Laptop, tablet and smartphone) with an internet connection.  You now have real time collaboration with a trusted advisor providing you with key dashboard reporting, keeping you up to date with your business performance.  

We have extensive experience in advising property sales & lettings agents.

Key issues that we address for estate & letting agents:

  • Tracking all sales and supplier invoices and accurate recording of payments
  • Reconciliation of repairs and maintenance expenditure on behalf of landlords
  • Maintaining up to date receipts and expenditure records
  • Ensuring client accounts are correctly reconciled including deposit payments.
  • Preparing the annual accounts
  • Produce reports for you required under the Association of Residential Letting Agents (ARLA), Estate Agents (Accounts) Regulations 1981 (EAAR) and the National Association of Estate Agents (NAEA)

We add value to your business by:

  • Setting up the back office function on cloud based software to monitor and report on the financial performance
  • A review of your business processes to identify the main areas of risk
  • Keeping sales and direct cost records by property, customer and service activity
  • Regular monthly management reporting
  • Monitoring and improving cash flow
  • Reducing your tax bill by understanding the dynamics of your unique business
  • Training on Xero cloud based accounting software
  • Training and guidance on relevant accounting regulations​​

​​Speak to us today and find out What We Can Do For You - Contact Us

We specialise in accounting and advisory services ensuring lettings agents stay compliant and grow their business.

Estate & letting agents

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