Commercial Properties & Property Owners
Commercial property bookkeeping and triple-net lease accounting
SmartLedger Management organizes tenant activity, property expenses, recoverable charges, bank accounts, reconciliations, budgets, and monthly reporting within one consistent commercial accounting structure — across Miami-Dade and South Florida.
What We Handle
Rent, recoveries, and reporting in one structure
- 01
Tenant Ledgers
Tenant charges, payments, credits, adjustments, outstanding balances, prepayments, and supporting transaction records.
- 02
Triple-Net (NNN) Accounting
Tracking tenant responsibility for real estate taxes, property insurance, and common-area expenses — estimated charges, payments, reconciliations, and year-end adjustments.
- 03
Payment Administration
Organized, documented payment workflows for vendor invoices and property costs, on the owner's approved process.
- 04
Bank Reconciliations
Monthly reconciliation of operating and designated bank accounts — deposits, payments, transfers, and unreconciled items.
- 05
Budget & Planning Support
Annual budget assistance, income and expense projections, budget-to-actual monitoring, and cash-flow review.
- 06
Professional Coordination
Organized records and coordination with CPAs, tax professionals, attorneys, lenders, and insurance professionals.
How NNN Reconciliation Works
Estimated charges, actual expenses, clean adjustments
Triple-net leases require careful tracking of estimated tenant charges, actual property expenses, allocation methods, payments, and reconciliation adjustments. SmartLedger maintains the supporting accounting records for clearer tenant billing and owner review.
Record recoverable expenses
Property taxes, insurance, and eligible common-area costs are recorded and organized by category.
Maintain recurring NNN charges
Recurring tenant charges are maintained based on approved estimates.
Compare estimates vs. actuals
Estimated recoveries are compared with actual eligible expenses for the period.
Record credits & additional charges
Reconciliation balances, tenant credits, and additional charges are recorded, with supporting schedules for ownership and tenant review.
SmartLedger provides bookkeeping and financial recordkeeping support. Legal interpretation of leases and recoverable-expense determinations remain with the owner and counsel. SmartLedger Management does not provide CPA, tax, audit, or legal services.
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One consistent financial process for your commercial property
Tenant charges, property expenses, recoverable costs, banking, reconciliations, and reporting — connected. Tell us about your building or portfolio.