Trust Accounting Features
- Daily deposit recording and automatic posting to checking account
- QuickBooks™ like Check Register with all related functions
- Easy Checkbook Reconciliation
- Separate financial & reservation groups
- Unlimited number of checking accounts, including simple reconciliation feature
- Credit card authorization module for quick approval while posting payment
- Automated procedure for checks paid to guest for cancellation, refund and security deposits
- Unlimited number of security deposit types
- Month End process by checking account.
- Owner statement routine, including printing past statements and e-mailing of statements
- Electronic Funds Transfer (EFT) in lieu of owner checks for paperless office
- Multiple owners allowed per unit, splitting owner statements, checks, and 1099s
- GL Activity, both daily and period to date.
- Account balance summary report for end of period balancing of escrow accounts
- Strong work order module for streamlining the vendor repairs to owner/unit accounts
- Markup™s on Work Orders for management company revenue
- Track and pay commissions to agents
- Rental cash flow projections
- All processing can be performed by individual checking account.
- Electronic Funds Transfer ability directly into Owners bank account
- Income Items the option to create payable to disburse upon payment
- Unlimited number of different Security Deposit types
- Security Deposits paid by credit card can be refunded by check
- Ability to have multiple Owners for one unit and disburse income to each
- Import owner charges from Excel spreadsheet
QuickBooks like Check Register
- Maximum number of accounts
- Simple On-line checkbook reconciliation
Credit Cards
- Credit card fee charged to the owner, or
- Credit card fee charged to the Mgmt. company, or split
Other Reports
Ability to export all reports to Excel, Word, PDF, HTML, RPT ASCII & more
- Account reconciliation
- G/L activity, Daily
- G/L activity, Daily and PTD
- Completed delinquent Guest accounts
- Rental Cash Flow Commissions
- Reservation Deposits
- Paid and Unpaid Rental Commissions
- Security Deposit report showing four separate user defined accounts
- S.D. Transfers to pay outstanding charges
- Year end procedures
- Printing of 1099’s and 1042’s for anyone receiving income
- Magnetic media copy (required if you report more than 250 1099’s)
- Can run End Of Period by separate checking
Reporting Features
- Use different printer on each workstation
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Separate printer defined for:
- Reports
- Statements
- Labels
- Print screens
- Checks
- Receipts
- 1099’s & 1042’s