Global Accounting Pros (GAP) | Property Management Accounting Canada

Specialized Property Management Accounting & Bookkeeping Services for Canadian Businesses

Managing a growing portfolio but still chasing trust reconciliations and delayed month-end closes?

You’re not alone — and you don’t need to take on the cost, risk, or long-term burden of another in-house hire to fix it.

Global Accounting Pros (GAP) is a specialized Canadian property accounting services partner for property managers who need reliable, audit-ready financial operations — without the limitations of relying on a single bookkeeper or reactive accounting firm.

We operate as an extension of your finance team, managing day-to-day bookkeeping, trust accounting, reconciliations, and reporting so you can scale your portfolio with confidence, accuracy, and compliance.

North Resource Hub – who Global Accounting Pros (GAP) is built for

Who GAP Is Built For

Growing Property Management Portfolios

  • Residential, commercial, or mixed portfolios

  • Scaling beyond solo bookkeepers or generalist accounting firms

Compliance-Critical Operations

  • Require accurate trust accounting and compliance-ready records

  • Need reliable reporting for owners, lenders, or audits

Operational Stability

  • Dealing with messy or backlogged books that need cleanup

  • Want continuity and reduced key-person risk

Whether you manage 100 units or several thousand, GAP provides the structure, controls, and consistency growing property managers need.

Complete Property Management Accounting & Finance Operations

GAP delivers more than transactional property management bookkeeping in Canada.

This service structure supports end-to-end finance operations for property managers — from daily processing and trust accounting for property managers to reconciled reporting and audit-ready controls.

Full-Cycle Bookkeeping


Daily transaction processing

General ledger maintenance

Chart of accounts setup and cleanup

 

Trust Accounting for Property Managers

Trust account setup and management

Trust reconciliations with full audit trails

Compliance-ready client money controls

 

Rent, Tenant & Owner Accounting

Rent and tenant ledger management

Owner statements and distributions

Clear separation of operating vs. trust funds

Accounts Payable & Vendor Management

Vendor bill processing


Approval workflows


Payment tracking and reconciliation

Bank, Credit Card & Trust Reconciliations

Monthly operating account reconciliations

Credit card reconciliations

Consistent trust reconciliation processes

Reporting & Financial Visibility

Monthly financial statements

Owner and portfolio-level reporting

Decision-ready financial insights

Ready to discuss your accounting needs?

Many property managers reach out when they’re dealing with trust reconciliation challenges or inconsistent month-end closes.

Book a free consultation to discuss your portfolio and how GAP can help bring structure and consistency to your financial operations.

How GAP Works

Most accounting firms rely on a single assigned bookkeeper.
GAP doesn’t.

GAP delivers accounting services through a team-based model, ensuring reliability, oversight, and continuity.

Each engagement includes:

  • A dedicated lead accountant

  • Backup accountants familiar with your accounts

  • Ongoing review and quality controls

This structure eliminates:

  • Key-person dependency

  • Disruptions from staff turnover

  • Knowledge silos and inconsistent processes

Your financial operation keeps moving — even when people change.

Day-to-Day Operational Alignment

GAP supports property managers on a live, day-to-day basis, operating within the same business hours as your internal team.

This allows GAP to:

  • Respond to accounting issues as they arise

  • Support daily operational workflows, not just month-end tasks

  • Collaborate closely with property managers, administrators, and leadership

  • Reduce delays caused by time-zone or availability gaps

Rather than operating as an off-hours service provider, GAP functions as a true operational extension of your finance team.

Software-Flexible by Design

Global Accounting Pros works directly inside your existing property management and accounting systems.

We adapt to your current workflows rather than forcing software changes, helping property managers stabilize and improve financial operations without unnecessary disruption.

North Resource Hub - Canadian Property Management Focus- featuring Global Accounting Pros

Canadian Property Management Focus

GAP is built specifically for Canadian property management operations, with a primary focus on real estate accounting in Ontario and Canada-wide residential and commercial portfolios.

Our team understands:

  • Canadian trust accounting requirements for property managers
  • Owner and tenant reporting expectations
  • Audit preparation standards
  • Provincial compliance considerations

What Property Managers Gain with GAP

Clients typically experience:

  • Clean, reliable books

  • Trust accounts that reconcile consistently

  • Reduced compliance and audit risk

  • Faster, predictable month-end closes

  • Clear financial visibility for owners and leadership

  • Confidence to scale without finance becoming a bottleneck

Typical client outcomes include:

  • Backlogs cleared and operations stabilized within ~3 months

  • Month-end close reduced from 15+ days to 7–10 business days

  • Error-free trust reconciliations with full audit trails

  • Scalable systems supporting significant portfolio growth without proportional finance headcount increases

Pricing & Engagement Structure

GAP does not operate on rigid, one-size-fits-all pricing packages.

Property management accounting varies significantly based on portfolio size, transaction volume, trust complexity, and the current condition of the books. Because of this, GAP structures engagements to match how your operation actually runs — not arbitrary tiers.

Most clients work with GAP through a monthly engagement model designed to provide:

        • Consistent day-to-day support

        • Predictable month-end closes

        • Continuity without key-person risk

        • Stable costs aligned with operational reality

While basic transactional work can begin from as low as CAD $20/hour, this is typically relevant only for limited, clearly scoped tasks.

The majority of property managers engaging GAP move into a structured monthly relationship that prioritizes:

        • Operational stability

        • Trust compliance

        • Reliable reporting

        • Long-term scalability

Engagement structure is influenced by:

      • Number of properties and units managed

      • Monthly transaction volume

      • Current book condition and backlog size

      • Scope of services required (e.g., bookkeeping, trust accounting, reporting, clean-up, AP/AR


All pricing is discussed transparently during your free consultation, based on your actual needs — not assumptions.

 

Preferred Access Through North Resource Hub

Property managers who engage Global Accounting Pros through North Resource Hub receive preferred engagement consideration.

North Resource Hub introductions are selectively onboarded and prioritized for:

    • Structured monthly engagements

    • Optimized onboarding

    • Commercially favorable terms aligned with long-term partnerships

This ensures GAP works with operators focused on clean growth — while North Resource Hub clients receive added value beyond standard market entry points.

Details are discussed directly during your free consultation.

Typical Engagement Milestones

(within an ongoing monthly relationship)

            • ~3 months: Stabilized operations, clean monthly close, priority issues resolved

            • ~4–6 months: Optimized processes, documented SOPs, and audit-ready, scalable systems

            • Ongoing: Consistent monthly accounting, reporting, and continuous improvement as your portfolio evolves

Most long-term clients reach a predictable, low-stress operating rhythm once this foundation is in place.

North Resource Hub - What You Won’t Find with Global Accounting Pros (GAP)

What You Won’t Find with GAP

      • No inflexible long-term lock-ins

      • No software commissions or kickbacks

      • No hidden setup fees or surprise charges

All pricing is discussed transparently during your free initial consultation, based on your actual operational needs.

Frequently Asked Questions

Get Started with GAP

If you’re dealing with unreliable month-end closes, trust reconciliation challenges, or backlogged books, GAP can help you stabilize operations and build audit-ready financial systems.

All consultations are free. No contracts required. No pressure to commit.

Most property managers who reach out are:

  • Scaling and outgrowing their current accounting setup

  • Cleaning up messy books or preparing for audits

  • Reducing key-person risk after turnover

  • Considering an in-house accounting hire and feeling the pressure of payroll, training, and long-term staffing risk