Accountant

A Real Estate Accountant is a person who manages the financial records and accounts of a real estate company. They handle all money-related activities for property projects, sales, and expenses. 🏢💰

Main Responsibilities.

1️⃣ Maintain financial records of property sales and purchases

2️⃣ Track project expenses and income

3️⃣ Prepare invoices and payment receipts for customers

4️⃣ Handle registration and documentation charges

5️⃣ Maintain GST, tax, and audit records

6️⃣ Manage commission payments for agents or sales teams

7️⃣ Prepare monthly financial reports for management

• Skills Knowledge of Accounting
• Tally / Excel / ERP software have means better
• Understanding of GST and tax rules
• Basic knowledge of real estate transactions

ExampleIf a plot is sold for ₹10 lakh, the real estate accountant will:

• Record the sale entry
• Track customer payment
• Calculate GST / registration
• Update the company accounts