Rich Young Company, LLC

Rich Young Company, LLC –
Full-Year Commercial Real Estate Bookkeeping

A complete January–December 2025 bookkeeping project for a Texas-based commercial real estate brokerage firm, ensuring accurate revenue tracking, commission management, reconciliations, and receivables control through structured financial reporting in QuickBooks Online (Cash Basis).

Project Scope & Financial Management

This project covered the full fiscal year bookkeeping and financial maintenance for a high-volume commercial brokerage firm.

Key Responsibilities:

Full-year financial recording (Jan–Dec 2025) in QuickBooks Online (Cash Basis)
Separate categorization of two major income streams:
- Lease Commissions – $5.47M
- Sales Commissions – $4.82M
Accurate booking of $8.5M in:
- Agent commissions
- Contractor fees
- Bonuses
- Draw payments
Tracking 50+ commercial client invoices
Preparing A/R Aging Detail & Summary Reports
Bank reconciliation for two accounts (Dallas Capital & Prosperity)
Credit card reconciliation
Identification & recording of $5,635 bad debt

This ensured complete transparency in income allocation and contractor payment management.

Financial Reports

Financial Outcomes & Business Insights

The bookkeeping structure provided clear financial visibility for the brokerage.

Year-End Financial Results:

Total Revenue: $10,123,476
Net Income: $723,641
Net Margin: 7.1% (healthy margin for brokerage industry)
Year-End Cash Balance: $355,270
Total Liabilities: $18,023
Clean and well-structured Balance Sheet

Critical Insight Identified:

Total Accounts Receivable: $2,159,026
91+ Days Overdue: $1,056,231 (48.9%)

This overdue receivable concentration was flagged as a high-priority collection issue for management, allowing the client to take immediate corrective action.

This project demonstrates how structured bookkeeping directly impacts decision-making, liquidity management, and profitability analysis.

Project Summary

This full-year bookkeeping engagement proves how accurate financial systems support high-volume commercial real estate operations.

By properly categorizing multi-million dollar commission income, managing contractor payouts, reconciling financial accounts, and monitoring receivables, the company gained:

Clear profit visibility
Improved financial control
Accurate contractor payment tracking
Stronger receivable oversight
A clean, audit-ready balance sheet

For real estate brokerage firms operating at scale, structured bookkeeping is not optional — it is essential for sustainable growth and financial clarity.

Performance Highlights

Total Revenue Managed

$10.12M

Commission Expenses Structured

$8.5M

Client Invoices Tracked

50+

Year-End Cash Balance

$355K

Net Profit Margin

7.1%

Overdue A/R Identified

$1.05M

"I had the pleasure of working with najmul and once again, he exceeded my expectations! He provided an excellent solution for my fixed assets problem and expertly handled the bookkeeping in QuickBooks Online. His attention to detail, professionalism, and clear communication made the entire process smooth and efficient. I’m really impressed with his expertise and the quality of his work. I highly recommend to anyone needing bookkeeping or financial solutions. I will definitely continue to work with him in the future! Thank you, najmul for your outstanding service!"

delyocam01

Fiver

Financial Position

As of December 31, 2025. The company holds a clean balance sheet with minimal liabilities and strong equity driven by FY2025 net income.

Assets

Bank Accounts

Operating — Dallas Capital$155,524.28

Prosperity Checking$199,746.26

Total Bank Accounts$355,270.54

Fixed Assets

Fixed Asset Furniture$322,632.37

Accumulated Depreciation−$309,038.79

Total Fixed Assets (net)$13,593.58

Total Assets$368,864.12

Liabilities & Equity

Credit Cards

American Express CC$15,908.11

First Bank 3280$2,115.13

Total Liabilities$18,023.24

Equity

Shareholder Distributions−$4,389,523.73

Retained Earnings$4,016,722.91

Net Income (FY2025)$723,641.70

Total Equity$350,840.88

Total Liabilities & Equity$368,864.12

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My Work Process

Audit & Data Audit

We analyze your tracking, creatives, and funnel to find the immediate bottlenecks.

Creative Sprint

We launch intensive DCT tests to find your brand's unique "Scaling Angle.

Vertical Scaling

We aggressively scale winning assets while maintaining your target ROAS & Profit.