MDA Property Manager ©

Accounting

• Unlimited financial periods.
• Separate period controls for financial periods, owner statement periods and tenant statement periods.
• Integrated specialised debtors (tenant), cash book (trust account), creditors (suppliers & landlords) and general ledger accounting facilities.
• Multiple cash books with analysis per property or consolidated.
• Interface to third-party accounting systems such as General Ledgers, Cash Books, 'Corporate' Receipting Systems, Salaries & Wages and Metered Billings.
• Automatically recover operating costs from tenants based on a wide range of criteria, including fixed escalated amounts, % of expense, % of expense increase, metered, etc.
• Flexible chart of accounts with 3 levels of grouping and sub-grouping.
• Single account for a tenant handles all transactions, including those for the sight of the managing agent only, e.g. stamp duty, lease fees, deposits, etc.
• Open-item or balance brought forward account for tenants.

• Generate budgets and produce budget variance reports with notes.
• Multi-line transaction remarks clearly show details of operating expense calculations, e.g. % of an expense, % of an expense increase, full details of metered billings, etc.
• Prints reports for a specified financial period, a range of financial periods or 'restart' long reports from a specified point if things go wrong, e.g. printer jam.
• Financial transactions are entered once only and are verified at time of entry.
• Remarks can be entered for all transactions and will appear on statements.
• Controlled procedures for deleting transaction history.
• Multi financial year ends catered for.
• Differentiation of (financial) controlling offices for decentralised property management.
• VAT apportionment journals for Input VAT adjustments.