For Accountants – RealToro – Property Management Software Solutions

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Benefits

Benefits

For Property Owners
Do away with the manual Excel spreadsheet and tedious month-end admin tasks while ensuring maximum tenant satisfaction through the speedy resolution of issues through the tenant portal.

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For Maintenance
Maintain the quality of your property efficiently by managing maintenance events, whether requested by the tenant through the tenant portal, initiated by the system through recurring tasks, or manually initiated.

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For Tenants
Greatly imporve service quality and responsiveness to tenants, all-the-while keeping a detailed record of payments and communications, helping you reduce late payments.

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For Record Management
Keep a record of everything stored in a secure, cloud-based storage environment hosted on Azure for even added security. Being cloud-based, data can be accessed on the move, anywhere you are in the world.

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For Accountants
Track and record every cent going in and out of your business with a built-in, fully-fledged accounting solution with all the necessary reports.

Approve transactions, import bank statements and assign costs to the correct accounts with ease.

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Features

Features

All Features

Auto-Billing
Send invoices to tenants automatically every month without any effort

Maintenance Management
Track maintenance work orders from the beginning to the end

Accounting
Maintain accounting standards effortlessly with a fully-fledged accounting system with reports

Collection Management
Automated follow-up message sent to tenants up until payments are received, reducing delinquent payments

Tenant Management
Manage tenants easily from signing of the lease all the way to exit

Document Management
Keep track of all your documents, both current and past, and retrieve them from the cloud from wherever you are

Payment Approvals
Ensure rentals are actually collected and approved by management

Reporting
Generate professional reports with the click of a button, and/or export them

Staff Management
Allow access to your team and track their activity and engagement. Each team member can be given roles and access rights to different features on the app

Lease Management
Always stay ahead of expiring leases and lease terms, and securely store all leases digitally

Expense Management
Manage recurring or once-off expenses and allocate them to accounts

Audit Logs
Every action taken by any team member to change any record is added to log files which the admin can easily search and filter

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Account for your real estate.

Track and record every cent going in and out of your business

Full accounting suite

Making sure that all transactions are accounted for is ultimately the main reason for managing property. Use this, instead of a separate accounting package to track transactions and generate/export all the necessary accounting data.

Advanced accounting reports & charts

Generate a wide range of accounting reports with the click of a button, ensuring that accuracy is always maintained. The reports include:

Account list
Account history
Balance sheet
Income statement
Cashflow statement
Tenant summary
Trial balance
Tax liability details

Payment approvals

As payments are received, they can be approved by the designated approver(s) to ensure that collections are indeed received, and rental delinquencies are minimized. Each notification request is sent as an email and/or push notification to the approver for them to act upon with speed.

Unapproved payments will not appear on the end-of-year accounting books until they have been approved and verified.

Import bank transactions

Ensure that your bank account is in-sync with your records by uploading the statement received from your bank into the system. Upon uploading, known transactions will be mapped to the associated accounts, while transactions which are unknown can be manually mapped to accounts with ease.

Bill expenses to tenants

During the month, certain tasks can be done which need to be paid – these expenses can be passed onto the tenant with ease, either in this month’s invoice, or any subsequent one.

Also, monthly expenses like water can be easily billed to each associated tenant by reading the water meter for each property, and having the system automatically create the necessary invoices for each tenant.

Tax liability

Both incoming and outgoing tax can be tracked with amazing accuracy, and reports denoting them can be created by those with the relevant access rights to do so.

Account reconciliations

Accounts can sometimes not always balance, and for this a reconciliation would need to be effected. This can be be done for any account, and the discrepancies will automatically be added as an associated reconciliation expense.

Export data

All data on the system can be exported by those with access rights. The data can be exported to Microsoft Excel, CSV or PDF for consumption in applications other than the RealToro system.

See the app
in action.

A team member will be in touch as soon as possible to setup a date to showcase the solution at our earliest convenience

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Turbo-charge your property management

The modern, easy-to-use, friendly, property and asset management solution which will save you time by doing the heavy lifting for you.

Benefits