Service Charge Accounting Support | OHI
Service Charge Accounting Support

Reliable Service Charge Support for UK Property Teams

Specialist assistance with budgets, apportionments, reconciliations, and audit preparation. We work alongside your team to deliver RICS-aligned outputs with UK GAAP expertise and friendly UK-hours support.

RICS Aligned UK GAAP Familiar SOC-2 & ISO
20+

Years Supporting

150+

Property Teams

95k+

Units Supported

98%

On-Time Support

40-50%

Cost Efficiency

5-7d

Support Packs

We support: Block Management Mixed-Use Schemes Residential Blocks Commercial Estates RTM / RMC Boards Student Housing

Service Charge Accounting Support

Specialist assistance for leaseholder transparency, accurate apportionment, and audit preparation across residential, commercial, and mixed-use portfolios.

Budgets & Apportionments

  • Assistance with annual service charge budgets
  • Help with fair apportionments: fixed %, floor area, weighted units
  • Support for phasing and cashflow planning
  • Budget pack preparation assistance

Interim & Year-End Support

  • Trial balance reviews & accrual assistance
  • Ledger tie-out support: AP/AR, bank, reserve funds
  • Variance analysis help vs. budget
  • Leaseholder statement preparation

Audit & Compliance Help

  • RICS-aligned statement preparation support
  • Assistance with accountant certificates
  • Reserve fund tracking support
  • Compliance documentation support

AP / Supplier Control

Invoice capture, coding, approvals support

Collections & Credit

Demands, reminders, arrears tracking help

Bank Reconciliations

Client, reserve, and trust account support

Month-End Close

Assistance with cut-offs, journals, checklists

Management Accounts

Help with P&L, balance sheet by block

Lease Data Support

Terms, caps, indexation assistance

Risk & Controls

Maker-checker, approval matrix help

Document Management

Filing, indexing, retrieval support

Software Expertise

High expertise across leading real estate accounting (property, construction and fund accounting), property management, investment analysis and leasing software used in USA.

SUPPORT OUTPUTS

How We Help Your Team

Supportive assistance to help produce clear, defensible outputs for boards, leaseholders, and auditors.

Budget Pack Support

Help with narratives, schedules, apportionment rationale, and sensitivity cases.

  • By schedule / block
  • Capex vs. Opex split
  • Cashflow timing

Reconciliation Help

Assistance with ledger tie-outs, variance commentary, and evidence gathering.

  • Bank, AP/AR, reserves
  • Ledger-to-statement bridge
  • Exception logs

Leaseholder Statement Help

Assistance with clear charges, recoveries, arrears, and Section 20B support.

  • Variance vs. budget
  • Timeline & due dates
  • Digital delivery
Engagement Models

Choose Your Team Structure

Flexible, dedicated service charge accounting support tailored to your portfolio size, complexity, and reporting needs.

Service Charge Assistant

Support Level

Ideal for straightforward portfolios needing reliable day-to-day accounting support.

  • Invoice coding & supplier queries
  • Rent/service charge receipts & allocations
  • Daily bank posting & reconciliations
  • Demand and reminder processing
  • General ledger maintenance

Custom Support Team

Tailored Multi-Resource Solution

For firms managing multiple blocks or needing dedicated, scalable accounting support.

  • Multi-block portfolio management
  • Complex lease structures
  • Platform integration support
  • Dedicated team setup
  • Priority support & SLAs

Flexible Engagement Hours

Scale up or down based on your monthly needs

Choose from: 25 hrs/mo 50 hrs/mo 80 hrs/mo 160 hrs/mo Custom

No long-term contracts
Easy to scale
Month-to-month flexibility
WHY OHI

RICS Guidance & Audit Support

Experienced teams familiar with UK service charge practice, providing disciplined support, dual controls, and friendly UK-hours assistance for boards, RTM/RMCs, and managing agents.

SOC-2 / ISO
Secure support
UK Hours
Friendly overlap
  • RICS Service Charge Code familiarity
  • Lease abstraction support for caps & indexation
  • Maker-checker support for journals and payments
  • Evidence binder and variance commentary help
  • Dedicated support lead with weekly check-ins
Book a Discovery Call

4-Step Onboarding

Support begins in 1-2 weeks

Quick setup
1

Discovery

Day 1

Portfolio, leases, systems review.

2

Playbooks

Day 2-3

Cut-offs, approvals, SLAs documented.

3

Shadow

Week 1

Mirror runs + QA alignment.

4

Support Live

Week 2

Steady-state support with SLA tracking.

CONTROL

Quality, Security, and Support Discipline

Dual control maker-checker, evidence binders, and live SLA dashboards built into every support engagement.

Security

SOC-2, ISO-certified facility with RBAC, MFA, encryption, and GDPR compliance for secure support.

  • Device & data loss prevention
  • Access logging & reviews
  • BCP & DR readiness

Process

Daily/weekly/monthly checklists, SLA timers, and variance logs to keep your team informed.

  • Cut-off calendars
  • Maker-checker for payments
  • Exception handling & RCA

Communication

UK overlap, weekly steering, and real-time trackers to keep your stakeholders aligned.

  • Slack/Teams channels
  • Weekly / monthly reviews
  • Quarterly governance
CLIENT STORIES

Supporting UK Managing Agents & Boards

OHI supported our budgets, apportionments, and year-end packs for 30 blocks. Their RICS-ready statements and variance notes helped cut our audit queries by half.

Block Management Firm

London • 30 Blocks

Their team helped with interim recs and leaseholder statements across our mixed-use portfolio. Turnaround was under a week and our audit was much smoother.

Mixed-Use Owner

Manchester • 12 Schemes