Ledros reads the exports you already pull from your accounting system, ties out every workpaper, and hands you what's wrong with the evidence attached.
| WP | Item | Amount | |
|---|---|---|---|
| ! | B-1 · p106 | Tenant receipts batch 09/12 is in the GL twice. Only one cleared the bank. | (40,634.92) |
| ! | CX-1 · p104 | Lobby renovation finished 7/15 and is still sitting in CIP.Reclass | 412,600.00 |
| ! | AE-1 · p109 | September real estate tax accrual is posted twice. | 18,383.00 |
| ! | RR-1 · p109 | Lease calls for $12,450 a month from 9/1. No September rent was charged. | 12,450.00 |
| ! | V-1 · p102 | Management fee booked at 4.0% of income. The contract rate is 3.0%. | 4,044.00 |
| ? | V-1 · p105 | CAM recoveries are under budget. Was the $32,384 credit the annual reconciliation refund?Question | (38,589.09) |
One binder per property, with tickmarks, live totals, the sources behind every number and a conclusion on each workpaper.
Matches the statement to the GL line by line and carries last month's outstanding items. Finds what's doubled, missing or recorded at the wrong amount.
Rolls each accrual forward against invoices entered after month-end. Catches missed, duplicated, unreversed and stale accruals.
Ties the project tracker to CIP and AP. Flags completed work left in CIP, unrecorded retainage and capital work coded to repairs.
Ties the rent roll to rental income. Bridges gross potential rent through loss to lease, vacancy and concessions, and checks billing against lease steps.
Explains budget and prior-month variances over your thresholds from the GL detail, and writes the commentary back into your own report.
A fictional portfolio built for the demo: six multifamily and four commercial properties, with the kind of mistakes a real close has.
No integration project. Ledros works from the reports your team already exports each month.
GL detail, bank statements, AP, rent roll, budget and the CapEx tracker, as Excel or CSV.
It works out which file is which, maps your chart of accounts once, and proves the totals tie before any review starts.
Agree, dismiss or send a question to the site. Every item opens to the lines behind it.
Close binders, your reports with commentary added, and an import file of the entries you approved.
Your files are read on your own machine. Nothing is uploaded.
Ledros drafts entries for you to approve. It never posts to your books.
Each finding cites the GL lines, statement lines or invoices it came from.
If you run month-end for a property portfolio, I'd like to hear what your review looks like today.