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Real Estate Glossary

Accounting

inflation calculator
Written by Richard Wilson

Accounting in real estate is an essential function for cost planning, decision-making, and measurement of economic performance. It is the system of retrieving, recording, sorting, and summarizing all business and financial transactions. The data gathered is then analyzed, verified, and reported.

Accounting in real estate is an essential function for cost planning, decision-making, and measurement of economic performance. It is the system of retrieving, recording, sorting, and summarizing all business and financial transactions. The data gathered is then analyzed, verified, and reported.

About the author

Richard Wilson