Property Management checking accounts

[Rebecca Kirkwood]

I have my own property management company that is just over a year old. I was a property manager for about 4 years prior to going out on my own. That company was disorganized and didn't teach the infrastructure of the accounting portion of the business. I have an owner that wants me to create 8 different checking accounts for his properties at my expense ($840 to order security checks) out of those accounts I would send owner his interest payment, pay taxes, pay insurance and repairs. In order for me to do that they would have to be separate accounts to better track the funds for the individual property. I don't think I should absorb the cost of the checks, I will be doing more work with no upgrade in commission and I am fine with that as I do think that would be a better system, but I feel that should be at the expense of the owner. What are your thoughts?