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.
Portfolio Control
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
SYSTEM 505 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. There is also provision for full profit and loss accounting including accruals, prepayments and depreciation.
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 SYSTEM 505 will give you full control over your portfolio.
