Financials

Harness the Power of an Integrated Property Management Financial Solution

VisionCRE's Financial module is a fully-featured open item double-entry accounting system, capable of managing all your financials be they property-related or not. We make use of a high degree of automation in processing rental and outgoings (opex) entries, bank reconciliations, recurring and reversing journals.

Reduce business processing time by having all your property-related financial data in one application - no more double- or triple-handling of data between different systems, with all the attendant risk and extra effort.

Features and benefits include:

  • AP, AR, Cashbook, General Ledger, GST
  • Trust Accounting
  • Detailed budgets including reforecasts with seamless integration to MS Excel
  • Rental and outgoings invoices created automatically (verified before posting) each period, and can be emailed directly from within VisionCRE, saving time materials and postage
  • Sub-lease rent and outgoings are also recovered automatically
  • AP (creditor) remittance advices can be emailed directly from the application
  • Expense allocation across all leases - extremely flexible with different rates for different expense types, with recharge washups at defined periods
  • Onward charging of bulk services - electricity, gas, water, rates, waste management, land tax
  • Automated imports - AP invoices, AR receipts, journals
  • Automated bank reconciliations
  • Complex hierarchy management including Company Group, Company, Category, Business Unit, Analysis Group and GL code. This means you can manage complex inter-company transactions seamlessly, with consolidated or individual reporting.
  • Extensive standard reporting including: Financial Performance (P & L), Financial Position (Balance Sheet), Monthly Performance, Cashflow and Movements in Equity, GST Returns (BAS), Aged Balances, Trust Account reports, Transactions, Ledger Activity, Inter-company journals, Bank Reconciliations and Budgets

All reporting is date-based; there is no limit to the number of open periods and there is no requirement to "roll over" at the end of each month. NB periods can be closed and should be once the financial reports are completed.

Contact us to learn more about VisionCRE's Financial module.