Accounting & Financial Reporting
As with all aspects of property management, EdgeCore’s approach to Accounting and Financial Reporting is as that of an owner. Our role in accounting, budgeting, collections, payables and expense reconciliations is critical in the capturing of unrealized value. By way of example, our creation of an annual operating budget is directly correlated with the projected establishment of base years, both with strategic implications. By choosing to selectively defer or amortize expenditures in a year where extensive leasing is projected, the corresponding base years will not be overstated, resulting in higher revenue collections when the operating expense reconciliations are performed. This level of detailed thought and collaboration allows the property owner to capture value that would otherwise go unrecognized.