Expert Yardi Bookkeeping Services For Scaling Property Investors & Managers In Los Angeles
Los Angeles property managers on Yardi typically run mixed portfolios at once: high-density multifamily corridors, mixed-use buildings with ground-floor retail, and scattered single-family rentals, each subject to a different mix of AB 1482 and the city's own Rent Stabilization Ordinance depending on the incorporated municipality. Before we touch a ledger, we confirm whether the portfolio sits on Voyager or Breeze, because Voyager's commercial lease and CAM tools handle mixed-use complexity that Breeze, built for smaller residential operators, was never designed to carry.
We work with accountant access inside your own Yardi instance, exactly as you would grant an internal hire.
California rules that apply here
- Deposit return deadline
- 21 calendar days
- Statute
- Civil Code 1950.5
Why Yardi Operators in Los Angeles Come to REA
Voyager for enterprise, Breeze for smaller portfolios
The Voyager or Breeze Question
Voyager and Breeze are different products with different failure points, not two skins on the same ledger. A Los Angeles portfolio mixing multifamily, mixed-use retail, and single-family units usually needs Voyager's depth, a smaller residential book on Breeze often can't produce the unit-level detail LA's overlapping rent ordinances demand. We confirm which one you're on before anything else.
Accounts Structured by Municipality
Los Angeles portfolios often span several incorporated cities inside one property list, and each has its own rent control layer stacked on AB 1482. A Voyager chart of accounts that isn't segmented by property and jurisdiction lets one misclassified GL account propagate rent-increase errors across buildings that are actually governed by different rules, which is expensive to unwind later.
CAM Reconciliation for Mixed-Use
Mixed-use buildings with ground-floor retail over residential units are common across LA's corridors, and commercial tenants in them carry CAM charges that Breeze has no real mechanism to reconcile. Voyager's commercial lease module handles CAM pools and recoveries correctly, but only if the retail and residential units are set up as separate, properly coded lease types from day one.
Yardi and California Deposit Rules
Civil Code 1950.5
California Civil Code 1950.5 gives you 21 calendar days to return a security deposit or send an itemized statement of deductions. Voyager can generate that itemization straight from the deposit liability sub-account and move-out workflow, if deposits were coded per unit instead of pooled at the property level. Breeze operators who've outgrown its reporting often track deductions in an outside spreadsheet, which is exactly the kind of gap that misses the 21-day deadline when nobody reconciles it back before the statement goes out.
California Civil Code section 1950.5(g)(1) requires the deposit, or an itemized statement plus the remaining balance, within 21 calendar days of the tenant returning possession. Deductions above $125 must be supported by receipts for labor and materials.
All California requirementsHow we keep you inside it
- Deposit liabilities tracked per tenant in Yardi, so a 21 calendar days deadline is answerable from the ledger
- Trust accounts reconciled three ways every month
- Deduction documentation recorded against the correct ledger
- Aging deposits flagged before the statutory window closes
Yardi Accounting & Bookkeeping Services
For Los Angeles Portfolios
- Process Review & Set Up
- Bank Reconciliations
- AP / AR
- Accurate NOI, Balance Sheets
- Recording HUD's & Accruals
- Owner Distributions
- Monthly Statements & Reports
- Management Fees
- Corporate Bookkeeping
- Tenant Chargebacks
Take the Whole Close, or One Function
Los Angeles operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your Yardi instance.
Trust Accounting
Compliant, audit-ready trust funds
Learn moreBank Reconciliation Services
Three-way reconciliation, every account
Learn moreAccounts Payable & Receivable
Bills paid, rent collected, owners paid
Learn moreBookkeeping Cleanup & Catch-Up
Back books fixed and current
Learn moreCAM Reconciliation
Annual commercial true-ups
Learn moreOn a Different Platform in Los Angeles?
We Work Inside All of Them
Experts In All Property Types
- Single-Family
- Multifamily
- Student Housing
- Affordable Housing
- Community Associations
- Commercial
Experts In All Property Types
Residential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
- Single-Family
- Multifamily
- Student Housing
- Affordable Housing
- Community AssociationsSee the page
- CommercialSee the page
Check Out What Our Clients Have To Say About Us
Property Managers, Investors & Owner Operators
I highly recommend Real Estate Accounting (REA) services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!
REA and team have been nothing but excellent helping our firm with its day to day financial needs. Their expertise, professionalism, and timeliness have made our lives so much easier. We foresee a long relationship with REA and team.
Real Estate Accounting truly is a special company. They helped as if they were a part of our company, with the concern and caution as an employee would have, but even more. They quickly ascertained our needs and developed an effective team to help with our accounting needs. They were extremely responsive and always accurate. I would recommend their services to anyone who needs help with their property management accounting.
Frequently Asked Questions
Does Yardi handle the 21-day security deposit deadline required in California?
Yes, but the mechanism depends on which Yardi product you're running. California Civil Code 1950.5 requires an itemized deduction statement or full refund within 21 calendar days of move-out. On Voyager, that statement can pull directly from the deposit liability account if deposits are coded per unit. On Breeze, smaller operators frequently track deductions manually, which makes the 21-day clock easy to miss if move-out timing isn't tracked closely.
Should our Los Angeles portfolio be on Voyager or Breeze?
That's the first question we ask on any Yardi engagement, because the two products have different accounting depth and different failure modes. If you're managing mixed-use buildings, larger multifamily assets, or anything with commercial CAM charges, Voyager's chart of accounts and consolidation tools are built for it. Breeze fits smaller residential-only books, but operators tend to outgrow its reporting and start keeping numbers in spreadsheets outside the system, which we have to reconcile back in.
We manage properties across several LA-area cities. Does that complicate the Yardi setup?
It does if the chart of accounts isn't built for it. Los Angeles portfolios routinely cross dozens of incorporated municipalities, each layering its own rent control ordinance on top of state-level AB 1482, so two buildings ten minutes apart can be governed by different rules. We set up Voyager with property and jurisdiction-level segmentation so rent increases and deposit handling stay correct per building instead of getting averaged across the portfolio.
More in California
Other California markets, the platforms we work in, and the functions available on their own.
Yardi Bookkeeping for Los Angeles
Schedule a call and we will review your Yardi setup, your California deposit handling, and what it takes to close clean every month.