REA.co Real Estate Accounting & Tax

Expert Yardi Bookkeeping Services For Scaling Property Investors & Managers In Raleigh

Raleigh's property managers are absorbing a wave of multifamily lease-ups tied to Research Triangle tech and life sciences hiring, alongside a smaller set of portfolios carrying lab and office space near RTP itself. Yardi splits hard along two lines: Voyager, built for that commercial CAM and multi-entity consolidation, and Breeze, sized for straightforward residential operators. Before we touch a Raleigh client's books, we confirm which Yardi they're actually running, because that answer determines whether CAM reconciliations and lease-up unit onboarding are even possible inside the system, or something we're rebuilding around it.

We work with accountant access inside your own Yardi instance, exactly as you would grant an internal hire.

North Carolina rules that apply here

Deposit return deadline
30 days
Statute
NC General Statutes Ch. 42
Full North Carolina requirements

Why Yardi Operators in Raleigh Come to REA

Voyager for enterprise, Breeze for smaller portfolios

Voyager or Breeze, First

Every Raleigh engagement starts with confirming which Yardi platform a client runs, because the two are not interchangeable. Voyager's enterprise chart of accounts supports the CAM and multi-entity work some Triangle portfolios need; Breeze wasn't built for that depth. We set up the books to match the platform in front of us, not a generic template.

Lease-Up Volume, Reconciled

Triangle employer growth keeps new Raleigh units coming online and renewals moving fast, which means new GL entities and unit records hitting the books constantly. Voyager absorbs that volume through its multi-entity structure; Breeze operators managing the same lease-up pace often start layering spreadsheets on top because Breeze's reporting can't keep up. We build the process around whichever is true.

CAM For Lab And Office

A handful of Raleigh portfolios carry lab and office space alongside residential units, picking up tenants tied to Triangle life sciences growth. That mix needs CAM reconciliation and commercial lease accounting Breeze was never built to handle. Where a portfolio includes that commercial layer, we configure it on Voyager's CAM tools instead of forcing it through residential-only reporting.

Yardi and North Carolina Deposit Rules

NC General Statutes Ch. 42

North Carolina General Statutes Chapter 42 gives landlords 30 days after move-out to return a security deposit or send an itemized statement of deductions. On Voyager, we tie deposit disposition to the move-out workflow so the itemized statement generates against that 30-day clock automatically. Breeze doesn't have that same deposit disposition reporting built in, so on Breeze portfolios we track move-out dates manually against the statute and flag anything approaching day 30 before it becomes a compliance problem.

North Carolina General Statutes Chapter 42 limits deposit amounts by lease term and requires an itemized written accounting returned to the tenant within 30 days of move-out.

All North Carolina requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in Yardi, so a 30 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 Raleigh 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

On a Different Platform in Raleigh?

We Work Inside All of Them

Experts In All Property Types

  • Single-Family
  • Multifamily
  • Student Housing
  • Affordable Housing
  • Community Associations
  • Commercial
Schedule time to learn more

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.

Check Out What Our Clients Have To Say About Us

Property Managers, Investors & Owner Operators

Client story

As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.

SWSteve WilkoOwner Operator

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!

TCTracy CollinsProperty Manager

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.

BCBrian CookOwner Operator

Frequently Asked Questions

Does REA work with Yardi Voyager or Yardi Breeze for Raleigh clients?

We work with both, and the first thing we do on any Raleigh engagement is confirm which one a client runs. Voyager gives us an enterprise chart of accounts and CAM tools built for commercial lease complexity. Breeze is built for smaller residential operators and doesn't carry that same reporting depth, so portfolios that outgrow it usually show up as spreadsheets bolted on outside the system.

How do you handle North Carolina's security deposit deadline in Yardi?

North Carolina General Statutes Chapter 42 requires landlords to return a security deposit or send an itemized statement of deductions within 30 days of move-out. On Voyager we tie that deadline to the move-out workflow so the itemized statement generates on schedule. On Breeze, which doesn't track deposit disposition the same way, we monitor move-out dates manually so nothing crosses the 30-day line.

Do you handle bookkeeping for Raleigh portfolios that mix multifamily with lab or office space?

Yes. A number of Raleigh portfolios pair multifamily units with lab or office space tied to Triangle life sciences and tech tenants, and that mix changes what the books need. We set those portfolios up on Voyager's CAM and commercial lease tools rather than forcing commercial activity through residential-only reporting, which is where the numbers usually break on a straight residential platform.

More in North Carolina

Other North Carolina markets, the platforms we work in, and the functions available on their own.

Yardi Bookkeeping for Raleigh

Schedule a call and we will review your Yardi setup, your North Carolina deposit handling, and what it takes to close clean every month.