How to Get More Hours in Your Day
Property owners and managing agents alike are experiencing one of the most visible benefits of System505: they are getting more done.
System505 gives you accurate, understandable information that will make life easier for you and your staff. Your everyday tasks will take far less time.
That saved time gives you space to think and to plan, and thus increase profits. Property managers who use System505 keep using it because it has helped pay for itself over and over.
System505 has been developed by Chartered Surveyors possessing over 25 years of hands-on, industry experience. It has been designed to reduce accounting tasks while working within the rules and regulations that the industry demands.
So what’s in YOUR property portfolio? Find it below and see exactly how System505 can help you save time and increase profit.
Residential Lettings >
If you need to account clearly for rents received, commissions and expenditures then System505 will keep you up to scratch…
Portfolio Control
Routine jobs, such as arrears collection, 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, expiry dates, gas safety checks etc.
If required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts, bank statement reconcilliation etc. It 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.
Reporting
The programs also provide an extensive array of easily understood reports to provide full information regarding your portfolio. It also has a built in Report Generator to enable you to easily create your own reports and statements.
With many more features too numerous to mention System505 will give you full control over your portfolio.
Residential Statutory Tenancies >
Perfect for the control of monthly or weekly collections, System505 will even help with the production of applications for rent increases (form RR1)…
If accurate and easy accounting is a priority for you then System505 is for you.
Portfolio Control
Routine jobs, such as rent charging, 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, expiry dates, gas safety checks etc.
If required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts, bank statement reconcilliation etc.
It 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.
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 System505 will give you full control over your portfolio.
Blocks of Flats (management of common areas) >
Finding it difficult to stay in control of service charges? Just found another fault in your service charge spreadsheet? There IS a better way! See for yourself what System505 can do for you…
System505 was designed with block management very much in mind and is used by a substantial number of block management companies throughout the UK & the Republic of Ireland.
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
System505 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 System505 will give you full control over your portfolio.
Ground Rents >
Our programs have been in use by some very large ground rent owners for many years. Don’t let arrears get you down. System505 will help you keep your costs down and ensure you stay firmly in control…
Portfolio Control
Routine jobs, such as rent demand production, collection of arrears, letters to tenants etc, are fully automated.
It has been designed to give you 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 if required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts, bank statement reconcilliation etc.
It will operate with any number of different companies and bank accounts.
Reporting
The software also provides an extensive array of easily understood reports to provide full information regarding your portfolio and also has a built in Report Generator to enable you to create your own reports.
With many more features too numerous to mention System505 will give you full control over your portfolio.
Commercial or Industrial Property – Single Occupation >
Whether your tenants are on a lease or a licence System505 will simplify your management and give you concise information that’s simple and easy to understand…
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 repairs, notices, repairing obligations, rent reviews etc.
If required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts to balance sheet level, VAT returns, trial balances, cashbooks, 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 also provide an extensive array of easily understood reports to provide full information regarding your portfolio.
It also has a built in Report Generator to enable you to easily create your own reports and statements.
With many more features too numerous to mention System505 will give you full control over your portfolio.
Commercial or Industrial Property with Service Charges >
Our Service Charge Module will help you to meet your accounting and budget setting deadlines and still get home at a sensible time…
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, rent reviews, break clauses etc.
If required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Service Charges
The 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 tenant service charge contributions and provides for full comparison of expenditures against budget.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts to balance sheet level, VAT returns, trial balances, cashbooks, 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 also provide an extensive array of easily understood reports to provide full information regarding your portfolio.
It also has a built in Report Generator to enable you to easily create your own reports and statements.
With many more features too numerous to mention System505 will give you full control over your portfolio.
Multi-Branched Occupier (Retail Chain etc) >
If you’re having trouble keeping track of your lease obligations, rent reviews and sub-tenants then effective help is just a phone call away…
Routine jobs, such as rent review checks, letters to branches or sub-tenants 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, rent reviews, break clauses etc.
If required, facilities are also available to enable you to create your own database of information relating to your portfolio.
Service Charges
Where applicable, the optional Service Charge Module will ensure that you can easily cope with even the most complicated lease provisions.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts to balance sheet level, VAT returns, trial balances, cashbooks, bank statement reconcilliation if required.
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 calculate VAT on rent and service charges where applicable.
Reporting
The programs also provide an extensive array of easily understood reports to provide full information regarding your portfolio.
It also has a built in Report Generator to enable you to easily create your own reports and statements.
With many more features too numerous to mention System505 will give you full control over your portfolio.
Mixed Portfolios >
You can easily set up System505 to look after a mixed portfolio. That’s what our very first programs were all about doing and we have, of course, continued to refine this facility in the latest versions of our programs…
Portfolio Control
Routine jobs, such as rent demand production, collection of arrears, letters to tenants etc, are fully automated.
The programs provide more than 100 easily accessed information screens all carefully designed to provide you with clear and concise details regarding your portfolio. A fully detailed event and transaction history is maintained 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, rent reviews, gas safety checks etc.
Service Charges
For those properties in your portfolio where service charges are involved the comprehensive Service Charge Module ensures that you can easily cope with even the most complicated lease provisions.
It contains extensive facilities for budgeting, reserve fund calculation, automatic calculation of tenant service charge contributions and provides for full comparison of expenditures against budget.
Accounting
System505 also has a fully integrated multi-company accounting suite which enables automatic production of accounts to balance sheet level, VAT returns, trial balances, cashbooks, 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. There is also a built in Report Generator which enables you to easily create your own reports and statements.
With many more features too numerous to mention System505 will give you full control over your portfolio.
