Accounting Services
Winthrop Management provides both property accounting services and investment management accounting. At the property level, Winthrop provides forecast updates, prepares escalations, assists in the preparation of the budget and business plan, performs payables and receivables transactions, performs sales and use tax calculations and return preparations and prepares financial statements in accordance with the requirements of the owner. We additionally perform a review of the general ledger prepared by the property accountant.
Winthrop’s investment management accounting services provide key financial information for owners including normalized rent, depreciation, lender’s reporting requirements, drawer request and year-end audit preparation. We additionally provide reporting, such as operating results vs. budget, cash flow analysis and cash distribution to owner reports based on the needs of the owner.