for us its not about the bank accounts but we have a bookkeeper keep things in different classes and breaks out who gets what etc.

I'd say for many people there is a place for each function, just as there is a place for a bookkeeper, tax planner, and CPA. 

They included book keeping expenses, tax preparation, umbrella policy, rental tax, any utilities that due to property related issue should not be tenant's responsibility (slab leak being primary example), any legal fees for consultations (I had ~$10K in legal in the past year), etc. 

From here you can subtract out other costs like:Water, Refuse, Taxes, Insurance, Snow, Lawn, LEASE UP, book keeping, etc to determine your Cash Flow

If you are not comfortable doing your own numbers, then you should by all means arrange for bookkeeping services.

My bookkeeping clients do not do this when they own multiple properties. 

@Cornelius Brady the reporting is for tax purposes and bookkeeping. 

I am looking for recommendations on a book keeper in the Raleigh area that has experience in the real estate world.

Hello, My name is Johana and I pretty new to biggerpuckets, looking for build some wealth trough real state, I a Tax preparer and Bookkeeper have my firm running all year, Tax season is great for mo to get my money for invest.

With a HH, you can learn how to analyze properties & markets, how to find an investor-friendly agent, how to spot value-add opportunities at properties, how to engage in a strong due diligence process, how to screen tenants, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.