Fixed monthly rent is easy to accrue. Variable rent is not. Retail leases that charge a percentage of sales often invoice weeks after the month ends, and the provisional estimate can drift far from the final invoice.
Pick a consistent estimation method and stick to it for the year. Many Taiwanese property teams use the prior three months’ average sales as a provisional base, then reverse and replace when the landlord’s certificate arrives. Whatever method you choose, write it into the close checklist so a temporary staff member does not invent a new one in July.
Service-charge true-ups deserve the same discipline. If the building issues an annual balancing charge in the second quarter, accrue a reasonable share each month rather than booking a surprise lump sum that distorts the quarter under audit.
When the difference between estimate and actual exceeds a threshold you set with management—say five percent of monthly rent—attach a short variance note to the working papers. That habit shortens fieldwork later.