The Accounting function is to review the system which is currently being used and to make necessary changes, if required, to ensure that an optimal accounting system is in place.
The Accounting system is set up for the following;
- Monthly Billing of for rents, service charges, sinking Fund, insurance, quit rent, assessment, utility charges(For retails or commercial units), etc.
- Collection of rents, service charges, sinking Fund, insurance, quit rent, assessment, utility charges(For retails or commercial units), etc.
- Purchasing and inventory control.
- Preparing monthly financial reports.
- Bank Reconciliation, Collection Reconciliation and cashflow statement.
- Daily Bank in transaction control.
- Weekly collection reports.
