Property Management Accounting Done Right

MontPac has been providing professional accounting services for over 10 years to property managers both big and small

Stress-free Accounting

Our team of property management accounting experts will set up or clean up your books and provide all the ongoing accounting services from transaction processing to timely accurate reports and audit assistance. Our fun, your calm.

Never worry about your books again

The MontPac Advantage

Property Management Expertise

The property management accounting has its own unique quirks and we know them; 

  • 11 years of industry experience
  • Best practices developed and perfected through the years
  • Experts in AppFolio and Yardi
  • Strong on reporting and communication with owners, tenants, vendors and tax authorities to free up your valuable time

Time & Cost Savings

MontPac is high quality but low-cost provider of accounting service and you can grow with us: 

  • Over 100 accountants with four-year degrees in our Philippine based office – most are CPAs
  • Our comprehensive training programs ensure the staff is ready to handle all tasks and projects sent our way
  • We are scalable – grow as fast as you like and just add hours, not whole staff
  • Optional cost per unit pricing – for easier budgeting
  • Have quality accounting done at a low cost and let the savings flow to your bottom line

Financial Intelligence

You need accurate and timely financial information to run your business – we provide it:

  • We do all the daily accounting transaction processing and monthly close through to financial statement preparation and analysis
  • TIM/CAM charges and reconciliations
  • Timely reports on monthly metrics and KPIs make investors and property owners happy
  • Year end is no longer a chore – we are on it!

Here’s Why Property Managers Choose MontPac

Services

Full service accounting from experts in property management financials

  • Transaction Processing
  • Reports  
  • Implentation & Documentation
  • Year End & Tax Related
  • Other Services
Cash and Cash Equivalents
  • Bank Downloads and Reconciliation
  • Weekly Deposit Reconciliation
  • Bank Fund Transfer Requests
  • Owner Proceeds/Payment
  • Stop Payments
  • Check Reissuance
  • Cash Requirement Report
Receivables
  • Tenant Ledger/Statement Review
  • Manual Deposits/iCapture Deposits/AppFolio Payments
  • Tenant ACH/EFT Receipts
  • Late Fee and NSF Charges
  • Tenant Charges
  • NSF and ACH Returns
  • Late Fee Reversals
  • Receipts Reapplications
Payables (Bills Payment)
  • Payable Processing
  • Recurring Payables
  • A/P Aging Report
  • Merged Invoices
Month-End
  • Month End Closing of Properties and books
  • Open New month/Post New Rent & Other Charges
  • Journal Entries
  • Accruals, amortization and depreciation
Set-up
  • Owner Setup (ACH)
  • New Property Setup
  • Tenant EFT Setup/Tenant Portals
  • Tenant Move In/Ou
  • Rent/Lease Amendments
  • Vendor Setup
  • Recurring Payables Setup
  • Closing Property
  • Cash Flows / Owner Statements
  • Financial Statements
  • Management Report
  • Delinquency Report
  • Late Letters and Unpaid Charges Report
  • Commercial Lease Billing
  • Tenant Billing
  • Rent Coupons Request
  • Good News Letter
  • Annual Budget
  • Letters – Notice of Unit Availability, Letter of Denial
  • Rent Increase Worksheet and Letter
  • Preparation of Rental Assistance Program Report
  • Monthly Calendar and 13 Month Rolling Calendar
  • Direct communication to accounting software support and implementation team
  • Transition from an accounting software to AppFolio and Yardi
  • Documentation checklist for new properties
  • Account Tree Setup
  • Set up of property and bank account information
  • Chart of accounts set up and assistance
  • Owner/tenant setup
  • Preparation of 1099, 1096, and annual transmittal of state 1099 forms
  • Form 1042 – Annual Filing
  • General Excise Tax (GET) and G-49 (Hawaii)
  • TAT Filing
  • Sales Tax Filing
Audit Requirements Assistance
  • Document Requests
  • Audit Queries / Liaise with Auditors
  • Draft and Audited FS Review
  • Update of Records / Recording of AJEs
  • Tax Return to Book Reconciliation
Document Management
  • Split & rename documents
  • Upload documents to system
  • E-filing of Rental Apps, Unit Availability Letters, Letter of Denial & Subsidy
  • Update of Waitlist Reports

Cash and Cash Equivalents
  • Bank Downloads and Reconciliation
  • Weekly Deposit Reconciliation
  • Bank Fund Transfer Requests
  • Owner Proceeds/Payment
  • Stop Payments
  • Check Reissuance
  • Cash Requirement Report
Receivables
  • Tenant Ledger/Statement Review
  • Manual Deposits/iCapture Deposits/AppFolio Payments
  • Tenant ACH/EFT Receipts
  • Late Fee and NSF Charges
  • Tenant Charges
  • NSF and ACH Returns
  • Late Fee Reversals
  • Receipts Reapplications
Payables (Bills Payment)
  • Payable Processing
  • Recurring Payables
  • A/P Aging Report
  • Merged Invoices
Month-End
  • Month End Closing of Properties and books
  • Open New month/Post New Rent & Other Charges
  • Journal Entries
  • Accruals, amortization and depreciation
Set-up
  • Owner Setup (ACH)
  • New Property Setup
  • Tenant EFT Setup/Tenant Portals
  • Tenant Move In/Ou
  • Rent/Lease Amendments
  • Vendor Setup
  • Recurring Payables Setup
  • Closing Property

  • Cash Flows / Owner Statements
  • Financial Statements
  • Management Report
  • Delinquency Report
  • Late Letters and Unpaid Charges Report
  • Commercial Lease Billing
  • Tenant Billing
  • Rent Coupons Request
  • Good News Letter
  • Annual Budget
  • Letters – Notice of Unit Availability, Letter of Denial
  • Rent Increase Worksheet and Letter
  • Preparation of Rental Assistance Program Report
  • Monthly Calendar and 13 Month Rolling Calendar

  • Direct communication to accounting software support and implementation team
  • Transition from an accounting software to AppFolio and Yardi
  • Documentation checklist for new properties
  • Account Tree Setup
  • Set up of property and bank account information
  • Chart of accounts set up and assistance
  • Owner/tenant setup

  • Preparation of 1099, 1096, and annual transmittal of state 1099 forms
  • Form 1042 – Annual Filing
  • General Excise Tax (GET) and G-49 (Hawaii)
  • TAT Filing
  • Sales Tax Filing

Audit Requirements Assistance
  • Document Requests
  • Audit Queries / Liaise with Auditors
  • Draft and Audited FS Review
  • Update of Records / Recording of AJEs
  • Tax Return to Book Reconciliation
Document Management
  • Split & rename documents
  • Upload documents to system
  • E-filing of Rental Apps, Unit Availability Letters, Letter of Denial & Subsidy
  • Update of Waitlist Reports

Your Accounting Team is Available Now

Ready Today, Prepared for Tomorrow

Our people are our strength. They are professionals with high regards for continuous learning and giving high quality service. The Filipino hospitality that is renowned all over the world also shines through the MontPac Team.

Our customer-driven team of accountants goes beyond the books. We are always available to meet your current accounting needs to help you grow your business and secure your future.

Monty Montgomery

President and CEO

Monty has over 27 years of experience in financial management and business process outsourcing (BPO) services. Prior to becoming CEO of MontPac, Monty was CEO of Startup Financial Management Inc, CFO of TechFarm Ventures and CEO of Montgomery Financial Services Corp. Monty was also the acting CFO of Metacloud and he helped guide the company through its successful acquisition by Cisco. Monty has a passion for accounting and for providing services that help business owners become better informed enabling better business decisions.


Vicky Gaudiel

Senior VP for Client Services and CFO

Vicky joined MontPac as a Team Leader in 2008 and has since worked her way up until she became the Chief Financial Officer of the company. As the CFO, Vicky is in charge of the overall strategic financial management of MontPac. She lends CFO capabilities when she wears her SVP role for select group of clients with the objective of improving profitability and overall financial health of each. Vicky’s previous stints with global companies such as Ernst & Young Bermuda, PriceWaterhouse Coopers and QBE Insurance (Phils) Inc., has provided her with keen insights and experience in international financial management systems.

Mauee David

VP for Client Services

Mauee graduated Magna Cum Laude in BA Accountancy and is a Certified Public Accountant. Prior to joining MontPac, Mauee worked with the Philippine affiliate of Ernst & Young. In 2012, she moved to MontPac as a Senior Associate and has moved up the corporate ladder until she became the VP for client services. Currently, she is responsible with overseeing MontPac’s accounting operations and managing all clients from different industries.

Joseph Ramos

AVP for Information Technology

Joseph’s passion and extensive knowledge in IT have made him stand out even just in the earlier years of his career. Joseph started off as a Systems Administrator for an international business company and was promoted to Management Information Systems Manager after only a year. Now, Joseph greatly contributes to MontPac by introducing and developing the internal systems of the company.

Free Consultation

Schedule a call to Learn More about Our Accounting Services for Property Managers

California Office

Address: 4120 Douglas Blvd., #306-196 Granite Bay, CA 95746 Trunkline: (415) 608 4066 Fax Number: +808.356.0953

Clark Office

Address: Units 18 A to G, PhilExcel Business Park, M.Roxas Highway, Clark Freeport Zone Philippines 2023 
Telefax: +6345.499.0547 

Close Menu