Client Accounting

We have successfully delivered client accounting to the UK lettings sector for over three decades. Veco Plus represents the latest iteration of our double-entry bookkeeping system, with all the business logic we have built over 30 years baked in. Our Client Accounting supports both qualified accounts personnel and agency staff without formal accounts training.

  • Over 30 years of experience
  • Industry leading business logic
  • Full, double entry bookkeeping system
  • Comprehensive client accounting functionality
  • Bespoke automation of repetitive business processes
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Accurate & Transparent Client Accounting

Property management involves complex financial transactions, including:

  • Rent collection
  • Deposit handling
  • Maintenance expenses
  • Tax and bank reconciliation

We deliver accurate and transparent accounting for these transactions and supporting functionality to manage and communicate output. Handling sensitive financial information requires robust data security measures to protect client's financial data from cyber threats and breaches.

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Staff member on telephone

Building trust with your customers

Failing to reconcile accounts accurately can lead to financial disputes and loss of trust. Disputes over deductions from deposits, rental payments, and maintenance expenses can arise between landlords and tenants.

Veco Plus will support your agency in handling these disputes while maintaining transparent accounting records effectively. Dealing with tenant rent arrears and ensuring timely communication between landlords and tenants can be challenging. We can help you automate the management of tenant arrears while maintaining accurate accounting records.

Compliant Client Accounting

Veco Plus will help you comply with various legal and regulatory requirements when handling client funds, such as tenancy deposit protection regulations and anti-money laundering laws.

Non-compliance can lead to severe penalties, so having the correct systems and procedures in place is crucial. You may be subject to audits and inspections by regulatory bodies to ensure compliance with financial regulations. Veco Plus will be the single source of truth to help you prepare for and pass these audits, as they require meticulous record-keeping and documentation.

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Staff members reviewing documents

Time-Saving Reconciliation 

Reconciling transactions between bank statements and accounting records can be time-consuming and prone to errors if not done accurately.

Veco Plus delivers easy-to-use bank reconciliation functionality to help minimise human error. Regular reconciliation of client accounts is essential to identify discrepancies or errors promptly.

Managing client accounting services requires dedicated resources and time, but we have consistently delivered client accounting products through lower-than-average industry headcount for over 30 years.


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