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Best Real Estate Accounting Tips for Agents and Brokers

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Setting up your real estate accounting system the right way will enable you to minimize the labor and stress involved in large-value transactions, extreme income fluctuations, employee pay formulas, and government regulations. These tips are for you if your business is: Real estate broker or agent. Building construction.

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Consistent Financial Reporting for Small Businesses

inDinero Accounting

This is calculated by subtracting your business’s expenses from its total revenue, which you can find using your P&L. If you are familiar with the differences between cash and accrual accounting , you can probably guess that the method you chose can really dictate the figures reported on your P&L.