Sometimes property accountants can handle delinquent accounts and collections if it is included as their duty in their contracts. It also depends on whether the real estate firm deals in rentals or just the purchase and sale of properties. Handling delinquent accounts and collections means getting involved in collections from the clients who have not paid their due amount. They oversee the accounts receivables, including invoices and billing disputes with the tenants of the property owned by the real estate firm. Besides this, property accountants can also work with attorneys to evict tenants whose payment balances have gone way past due dates.