Real Estate Industry
solutions for various industries
Real Estate Industry
Modules & Features
a) Project accounting to keep track of projects, income and expenses
- Setup of projects and units and their selling prices
- Payment plan setup for customers paying over a period of time
- Receipt of payment based on the payment plan; budgeted payment vs payment received
- Setup of subcontractor payment plans
- Profitability analysis by project
b) Rent collection system
- Rent charges setup for every project and unit
- Setup of lease agreements for customers
- Automatic invoice on email sent to customers for rent dues and statement of accounts
- Integrated service charge and other charges
c) Job card system for preventive maintenance of houses
- Electronic job cards for any maintenance issues that arise
- Purchase of material to service the jobs
- Issuance of material against maintenance job cards
- Unit wise costs incurred on preventive maintenance jobs
Financial Statements that can be Generated from the System in Real Estate
- Consolidated Profit and loss account
- Project Wise Profit and loss account
- Balanced TB with year-end journals
- Balanced TB without Year end journals
- Consolidated User defined Balance sheetand drill down facility
- Supplier statement with ageing analysis and drill down facility
- Customer statement with ageing analysis and drill down facility
- Nominal activity report and drill down facility
Reports that can be Generated from the System in Real Estate
- Customer statement on mortgage charges with ageing analysis
- Customer statement on service charges with ageing analysis
- Customer statement on rent charges and ageing analysis
- Customer outstanding against unit cost
- Customer ageing against payment plan
- Customer outstanding on service charges
- Supplier outstanding report
- Supplier outstanding project wise
- Subcontractor outstanding report
- Unallocated payments report
- Unallocated receipts report
- Vat report on sales
- Vat Report on Purchases
- Project-wise expenses reports
- Project-wise bank outstanding balances
- Dormant clients report
- Daily receipts and payments
- Bank reconciliation reports
- Bank transfer reports
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