We take care of the books

Outsourcing Solutions: Client Accounting

We take care of
the books

Our bookkeepers help agents and propcos process for lower cost: arrears chasing, landlord statements, reconciliations and reporting. Expert, professional and cost effective

Let's talk

Experts in:

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Unlock time and profit

Managing the books can consume your time and keep you stuck in the office. Rentancy is here to help!

A leader in providing bookkeeping services

We are a leader in providing bookkeeping services to help take the strain. We work with letting agents, estate agents, corporate landlords and propcos to manage portfolios of 100 units up to 1,000.

Our services

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Rent Collection

Collect and reconcile rent income to the rent book daily. Manage direct debit and payment automations.

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Client Accounting

For agents, allocate pay-ins, prepare client statements, fund bills, raise pay-outs and reconcile daily

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Bookkeeping

Pay per hour for bookkeeping support

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In-Arrears Chasing

Track late payments. Email and phone chase. Issue notices and demands if necessary.

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Invoicing Audit

Ensure accurate and complete billings of all monthly fees and contracts.

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Holiday Cover

Full-time or part-time work cover for staff resourcing gaps for holiday or paternity leave.

Let's talk

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Gain access to talent

Finding talented property bookkeepers in your local area can be tough. Instead we bring friendly accredited professionals with experience using all the leading property software solutions and familiar with industry best practices.

Reasons to use Rentancy

Unlock time

Rentancy brings fresh air to your business and giving you time back to invest in finding new clients or to look for the next project opportunity. You still have your finger on the pulse of your portfolio, but without being stuck in the office.

Save cost, increase profit

Switching to Rentancy means switching to lower operating costs, typically achieving 30% in cost savings. We offer the most cost effective solution for the property sector in the UK!

Tech expertise

Our teams are familiar with working with the leading property software packages. We can help you find automation savings and productivity improvements.

Scale with ease

With Rentancy, fixed office costs become variable. This makes the task of scale up or down to match your property portfolio simple and straightforward.

Accounting models we work with

Client Money Accounting

Agents hold tenant and landlord money in a client account. Pay-ins and Pay-outs are allocated daily to landlords, tenants, suppliers (including the agent) and tagged with the associated property.

At the end of each day a cash reconciliation report is run showing the full allocation of all monies.

Profit & Loss Accounting

Simpler than Client Money Accounting, rental income, lease income and expenses are accounted for within a traditional P&L.

Typically a P&L is maintained matching the corporate holding structure of a landlord or corporate.

Rents may be books to a ledger code per property or a single income account.

Service Charge Accounting

Block and commercial agents or landlords raise a service charge annually to cover the upkeep of the property and maintenance of communal areas.

The agent prepares a budget for all leaseholders and balances from the prior year, either under or overs are carried to the next year.

Demands are issued at the start of the service charge period and a 6 month budget versus actual expenditure is prepared for leaseholders at midway and end of the accounting period.

How we work

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Benefit analysis

We prepare a business case for each client. We are confident to show the savings we can help achieve (typically 30%), without impacting client service.

Start the right way

We bring a proven onboarding process:
✔learning your property portfolio,
✔following your processes and ways of working.
We provide you with a property management team to manage your property and an account manager to support the business relationship

Always connected

Your Rentancy bookkeeping team is available daily by video call, chat or phone. We use the latest tech to make them part of your organisation and connected with your office.

Stability

After the first 2 rent cycles, relax and enjoy consistency and stability in your business. Rentancy helps you scale-up or down and to achieve lower fixed costs and fewer staff turnover headaches.