Property Management
Fundamental Property, Accounting, and Financial Management Tools
Advanced Financial Reporting, Physical Property and Vacancy Management, Multi-Company Functionalities
Many property management applications purport to offer the features and functionality you need, but fall short when it comes to providing the accounting and financial reporting tools that are fundamental to running a business.
ACS Property Management is the no compromise solution – delivering comprehensive property management functionality combined with powerful accounting and financial management tools.
ACS PM uses Sage 100 (formerly Sage ERP MAS 90 and MAS 200) as its financial backbone. By integrating with this world-class, time-tested accounting and financial management application, you benefit from best-of-breed functionality. Not yet familiar with Sage 100? Our consultants can help you explore the benefits of this financial management system.
- Best of breed functionality – Property Management and Financial Management
- Eliminate the need for duplicate data entry and journal entries and increase accuracy and efficiency
- Manage multiple companies (legal entities) in a single application
- Gain the big picture with individual company or consolidate financial statements
- Monitor property and unit health by generating profit and loss statements individual properties and units
| Advanced G/L Handling and Reporting | Auto-translation of G/L sub accounts for property and unit based transactions Lost revenue to vacancy postings and non-financial account postings for occupied and vacant units FASB 13 deferred rent postings Independent Cash and Accrual accounting for Accounts Payable and Accounts Receivable |
| Lease Management | Lease intelligence auto sets lease and tenant astatus Track recurring charges on multiple billing cycles Enter pre-scheduled rent changes that take affect automatically based on billing date Automated move-out tool charges move-out fees, applies credits and deposits to outstanding charges, and refunds any negative balance through A/P Lease history tracks completed leases while allowing current leases to continue |
| Unit Vacancy Management | Utilities to track expiring leases, property health, and vacancies Detailed unit occupancy tracking and reporting, including vacancy and inactive periods |
| Integrated Billing and Receipts | Automated billing selections by occupancy Billing Report allows managers to review billing for completeness before updating Automatic application of cash by pre-designated priorities All charge and credits tracked in detail for complete charge/payment history and real time balances due |
| Automated Renewals and Moveouts | Enter renewal information so leases can roll-over automatically Include lease escalation schedule in renewal Completed leases retained in history to make room for new renewals Detailed move-out screen makes move-out administration easy Assess move-out charges and choose to apply deposits and prepayments Auto create deposit refund through A/P |
| Integrated CAM Reimbursables | Enter expenses through AP and designate as CAM by Property or Project Override accounts allow for special CAM expense and revenue accounts Tenant share calculated by lease square footage or override percentage Bill on actual expenses as they happen or bill estimates and reconcile at year end |
| Additional Assessments | Multi-Tier Late Fee Processing Common Area/Reimbursable Charges Pass-thru reimbursable charges Multi-Tenant rate change utility Deposit Interest Processing Automatic NSF fee assessment Global (multi-company) utilites to reivew upcoming events |
| Advanced Multi-Company Processes | ACS Property Management also provides for cross-entity management and transaction processing through the Multi-Company line of enhancements. Multi-Company AR Multi-Company Standard Reporting |