Property Management
Accounting
Amortize rent concessions and increases in accordance with FASB 13 using
straight-line function.
Track gross potential rent and vacancy loss.
Post Property Management activity to General Ledger or Accounts Payable
applications automatically, or whenever you choose.
Easily retrieve expenses and budget information from General Ledger for
recoverable expense processing.
Billing and fee collection
Track and administer an unlimited number of recurring charges.
Set each recurring charge to be billed weekly, bi-weekly, monthly, quarterly,
semi-annually, or annually.
Track and charge sales tax on rent or other charges.
Bill miscellaneous, non-recurring charges at any time.
Inquiry
Drill down on summary information to view supporting detail (e.g., review a list
of delinquent tenants and balance amounts, then drill down to see the individual
open items, amounts and charge dates).
Apply conditions to block information that you don't want to see.
View and insert electronic notes and file attachments.
Insert additional columns of information on-the-fly for quick access to the data
you need most.
Modify any of the more than 100 inquiries, or create new inquiries using Sage
Timberline Office Inquiry Designer.
Reporting
Choose from nearly 80 pre-designed Property Management reports to calculate and
print information at any time.
Apply conditions and ranges so that only the specific information you want to
report prints.
Modify reports or create new ones using Sage Timberline Office Report Designer.
Additional features
Generate charges by each property independently.
Track weighted occupancy for multiple square footage types by calendar or fiscal
year.
Retain occupancy history indefinitely.
Track miscellaneous income for each property.
Run management fees on a pre-determined schedule or anytime during fiscal period
via "on-demand" calculation feature.
Automatically send management fee invoices to Accounts Payable.
Allow an entity to pay an invoice or receive payment belonging to another entity
(intercompany accounting).
Track property taxes paid, property valuations, and tax exemptions.
Track pertinent insurance information on a property (insurance effective date,
expiration date, value, deductibility, agent's name, etc.).
Customize toolbar for push-button access to reports, inquiries, tasks.
Change onscreen descriptions to match your company's terminology (e.g., "tenant"
can become "resident" or "unit" can be "suite").
Use the Balance Forward Statement, Open Item Statement, Tenant Invoice, or
create your own customized billing format with Sage Timberline Report Designer.
Customize recoverable expenses and escalations based on last year's actuals or
next year's budget, then automatically apply stops, caps and base-year amounts.
Review and adjust amounts transferred from General Ledger to Property Management
prior to processing recoveries.
Retroactively bill unpaid charges resulting from recoverable expense
reconciliation.
Base index escalations on formula-driven CPI or Porter's Wage calculations.
Post receipts to existing charges, new charges, prepayments, open credits and
deposits.
Apply open credits to outstanding charges or automatically create an invoice in
Accounts Payable to cut a check.
Base late charges on a percent, flat amount, formula or a combination of all
three types.
Set a tenant to a cash-only basis.
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