SERVICES

Expert Accounting Services for Your Business

Real Time, Measurable Cost Savings

Compliance & Fine Prevention

  • Proactive HPD, DOB, and DHCR monitoring to avoid violations, penalties, and repeat fines
  • Early detection of compliance gaps before inspections occur
  • Organized documentation that reduces exposure during audits and litigation

Prevented fines = direct savings to ownership and management.

Subscription & Vendor Cost Audits

  • Detailed review of monthly and annual subscriptions
  • Verification that vendors are billing only what was contractually agreed
  • Identification of duplicate, unused, or inflated services
  • Ongoing monitoring to prevent silent overbilling

Many firms recover thousands annually from subscriptions they didn’t realize were drifting upward.

Utility Cost Control (Water, Electricity & Gas)

Utilities are one of the largest silent drains on NOI in NYC portfolios—especially when issues go unnoticed for months.

We implement active, comparative, and transparent utility monitoring across properties.

Water (Daily Monitoring)

  • Track daily water usage by property
  • Establish normal usage baselines
  • Flag abnormal spikes the same day they occur
  • Coordinate immediate action to prevent:
    • Hidden leaks
    • Running toilets
    • Burst lines
    • Meter or billing errors

Early detection often saves tens of thousands of dollars before monthly bills even arrive.

Electricity Cost Analysis & Protection

  • Compare each month’s electric bill against the same month from the prior year (year-over-year analysis)
  • Identify unusual increases unrelated to weather or occupancy changes
  • Review for:
    • Overbilling or rate errors
    • Unjustified delivery or supply charges
    • Billing anomalies and estimation errors
    • Potential misuse or unauthorized electricity consumption

If consumption increases beyond historical norms, we flag it immediately and initiate corrective action.

Meter & Billing Transparency (Combined or Shared Meters)

  • Break down charges where meters are combined or shared
  • Allocate usage logically and transparently
  • Ensure owners and managers clearly understand:
    • What is being billed
    • Why costs increased or decreased
    • Whether charges are recoverable or operational

This prevents disputes, owner mistrust, and unexplained utility escalations.

Outcome:

No surprises when bills arrive

Lower utility expenses

Early fraud and misuse detection

Clear, defensible utility reporting

Comprehensive Accounting Services for Your Success

Discover how Nexa Ledgers’ expert bookkeeping and financial planning can empower your business to thrive. Take the next step towards financial clarity and growth with our trusted team.