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If accurate and detailed accounting is your first priority then SYSTEM 505 is for you.
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
SYSTEM 505 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 SYSTEM 505 will give you full control over your portfolio.
