Bookkeeping for rental

The Canadian rental industry is hot right now. Whether you run a traditional rental, guest house, bread-and-breakfast, or Airbnb, your time should be spent taking care of your guests’ needs, not on accounting and bookkeeping. You need someone who knows the ins and outs of the rental market and the various tax credits and write-offs to help support your business. 

How to Choose the Best Bookkeeper for Rental Industry

When you’re renting out your properties, you need to be attentive to your guests’ needs. If anything ever goes wrong, you need to be available to take care of the problem. Not doing so will reflect poorly on your business, including your online reputation, especially if you’re renting through a service like Airbnb.

The relationship between a bookkeeper and a business owner is the same. Whenever there is a question or concern regarding finances, your bookkeeper needs to be available to help. Your bookkeeper and accountant should be safeguarding your rental business accounting so you can focus on taking care of your guests. 

Related: Checkfront for Hospitality businesses

Hiring a full-time, in-house accountant or bookkeeper isn’t a good use of your resources. That kind of investment usually includes a salary, vacation pay, sick days, training, and much more. Canadian Cloud Accounting can cover all of your Retail Industry bookkeeping needs without any of the hassle. 

With Canadian Cloud Accounting, you get all of the benefits of an in-house bookkeeper at affordable rates. As a cloud-based accounting company, we’re always just a phone call or email away. Hiring an affordable cloud-based bookkeeper puts industry expertise, experience, and certifications with major accounting software (like Xero, Quickbooks, and Hubdocs) at the service of your rental business. 

Book an Appointment with a Virtual Bookkeeper Today!

Put your rental business’s finances in trustworthy and capable hands. Just as you take care of your guests, we’ll take care of you and your rental bookkeeping! Contact us today to learn how we can help secure your rental business’ future.

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