Blocks of Flats

Blocks of Flats

Portfolio Control

Routine jobs, such as rent demand production, collection of arrears, letters to tenants etc, are fully automated. It provides more than 100 easily accessed information screens all carefully designed to provide you with clear and concise details regarding your portfolio and maintains a fully detailed event and transaction history which can be retained in the system for as long as may be required. There is a full security system enabling you to set individual access rights for each member of staff and the powerful Diary Module will give you full control over property repairs, notices, repairing obligations etc. If required, facilities are also available to enable you to create your own database of information relating to your portfolio.

Service Charges

The comprehensive Service Charge Module will ensure that you can easily cope with even the most complicated lease provisions. It contains extensive facilities for budgeting, reserve fund calculation, automatic calculation of service charge contributions and provides for full comparison of expenditures against budget.

Accounting

Chronos also has a fully integrated multi-company accounting suite which enables automatic production of accounts to balance sheet level for each individual block, trial balances, bank statement reconcilliation etc. It can calculate interest where applicable and has an extensive purchase ledger to facilitate supplier payments and provides for automatic printing of remittance advices and payments. It will operate with any number of different bank accounts and calculate VAT on rent and service charges where applicable.

Reporting

The programs provide an extensive array of easily understood reports to provide full information regarding your portfolio. A Report Generator is also provided to enable you to easily create your own reports and statements. With many more features too numerous to mention Chronos will give you full control over your portfolio.
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To discuss your own situation in greater detail, call us now on 020 8900 0300