Senior Living Finance & Accounting Services Senior Living Finance & Accounting Services

Senior Living Accounting Services

Strengthen financial performance with senior living finance and accounting services for U.S. communities. Streamline operations, improve visibility, and support better care. Get started today!

Calculate Your F&A Cost

Book a Consultation

Optimize Senior Living Accounting, Save Costs and Overcome Talent Shortage

Senior living operators are being asked to protect margins, manage staffing pressure, improve financial visibility, and keep care quality at the center. In this environment, weak reporting, delayed reconciliations, AP backlogs, AR gaps, or budgeting inefficiencies can quickly affect cash flow, compliance, and decision-making across communities.

QX delivers custom senior living accounting services that bring structure, accuracy, and scale to finance operations. From community-level accounting to corporate reporting and forecasting, our teams support the work that keeps financial control strong. We also provide tailored assisted living finance and accounting services and scalable care homes accounting solutions for providers managing different care models.

With QX, senior living operators can:

  • Overcome talent shortage with a pool of 2000+ qualified accountants
  • Strengthen senior living accounting through consistent processes, accurate reporting, and better financial visibility
  • Leverage the power of data through digitized reporting, budgeting, and forecasting
  • Enhance operational efficiency through automation and process optimization
  • Achieve 40-60% savings by outsourcing back-office accounting operations
QX Senior Living Finance & Accounting Services

Finance & Accounting Services for Senior Living Communities

Our services cater to a range of senior living options, including independent living, home health care, service-enriched housing, assisted living, continuing care retirement community (CCRC), and nursing homes. We support operators with flexible assisted living finance and accounting services and scalable care homes accounting solutions tailored to different care models. We offer:

Community Accounting

  • Bookkeeping & Accounting
  • Accounts Payable
  • Revenue Recognition
  • Bank Reconciliations
  • Deposit Management
  • Damage Recharges
  • Tenancy to Income Reconciliation
  • Migration Budget Management

 

Development Accounting

  • Accounts Payable
  • Job Costing
  • Project Costing
  • CIS Data Management & Reporting
  • Retention Ledger
  • WIP Accounts
  • Balance Sheet Reconciliation
  • Accounting & Bookkeeping
  • Drawdown Working

Lease Administration Services

  • Verification of Parties to Lease Agreement
  • Tenant Space Information
  • Term, Lease Index and Notes
  • Base Rent & Renewals and Abatement/Concession
  • Tenant Improvement Allowance
  • Deposit Information
  • Late Charges
  • Additional Rent (CAM/Operating Expenses, RE Taxes, Utility/HVAC, Insurance and other)

Corporate Accounting

  • Accounts Payable
  • Billing & Accounts Receivable
  • Treasury/Bank Posting & Reconciliation
  • Preparation of Monthly P&l
  • Month End Accounting
  • Audit Support

Management Accounting

  • Accruals
  • Prepayments
  • Balance Sheet Reconciliations
  • WIP Account Reconciliations
  • Retention Account Reconciliations
  • Financial Planning and Analysis

Investment Accounting

  • Lender Reporting
  • Rent Reserve Working
  • Drawdown Working

Why Choose QX Global Group?

EXPERIENCED STAFF

Experienced Staff

Gain access to skilled property accountants through dedicated and adaptable accounting teams.
EXPERIENCED STAFF

Global Presence

Leverage our team of 3250+ employees operating across 17 offices and 5 delivery centers.
EXPERIENCED STAFF

Process Re-engineering

Implement senior living accounting best practices to boost operational efficiency.
EXPERIENCED STAFF

Plug-and-play Model

Effortlessly integrate newly acquired properties with offshore, nearshore & onshore delivery models.
EXPERIENCED STAFF

Digitization Support

Improve productivity with cutting-edge technology and customized software & automation solutions.
EXPERIENCED STAFF

Cost Optimization

Enhance your bottom line by reducing operational costs by 40-50%.

Transforming Senior Living Accounting Operations with Automation

The QX team works well with all industry-standard software to transform accounting operations for your senior living communities. We are also flexible about including any additional systems in our solutions to suit your organizational needs. This helps operators strengthen senior living accounting services across AP, AR, reconciliations, reporting, budgeting, and forecasting.

sap-logo

QX’s Proprietary Automation and Software Solutions

QX empowers businesses with a wide range of proprietary software solutions to automate manual finance and accounting tasks, cut down operational costs and optimize efficiency.

QX ParseMastr
QX MailerDesk
QX ReCo360
QX Procurely
QX Spendchex
QX VMSBot
QX IntraNxt
QX QuickReco

FAQ’s

Resources

Case Study

Leading Senior Living Provider Partners with QX to Transform Their Finance & Accounting Operations

Know More
Webinar

Challenges and Opportunities in Senior Living Accounting and Finance

Know More
Blog

Building a Robust FP&A Process: Best Practices and Key Considerations

Know More

Ready to unlock the potential of QX’s finance & accounting solutions for your senior living business?

Book a Consultation