By: Anton Systems
SKYLINE Property Management and Accounting Solutions can ensure that you have the reports and backup schedules you need when processing your year-end tax financials. At this busy time of year, SKYLINE provides an intuitive, user-friendly accounting system that offers not only critical property management accounting, but also a multi-featured General Ledger. The General Ledger system accommodates accounting methods of cash, accrual and “both” accounting as well as handling simple and complex organizational infrastructures.
The SKYLINE’s General Ledger Portfolio feature enables you to “group” your entities and specify percentage of ownership, if needed, for consolidation. The process itself is easy and has options to consolidate in detail or summary along with additional options for prior year consolidations. Once consolidated, all financial reports and GL (MTD and YTD) detail can be provided and exported to Excel as needed. This critical element to GL reporting enables you to process detail and work at a simple entity level, then as needed, consolidate that data in multiple ways to produce financials for tax reporting, ownership reporting and management reporting.
Having the ability to meet your accountant’s requests in an easy, efficient and timely manner, makes for happy owners and especially a happy management team. SKYLINE provides the requested information to the accountants and, when those year-end adjustments come back from the accountants, if they are provided in an Excel format they can be easily “imported” right in to SKYLINE’s General Ledger. No more re-keying those entries and possibly making mistakes and taking time to balance. SKYLINE’s journal entry import right from Excel will automate that task for CPA year-end entries, as well as monthly depreciation and other variable recurring entries;
Portfolio Consolidation and journal entry import are two of the key features that will ensure the most efficient general ledger processing at year-end and all year long. For information on SKYLINE Property Management, please contact Mark Ziemba at 312-443-7531 or email email@example.com, or download a brochure that highlights the features and benefits of SKYLINE.