Magex Technologies - Software specialized in real estate

Accounting made easy

Not everyone is comfortable with accounting. This is why The Real Estate Manager was created to make accounting accessible. This way, you will remain in control.

Stop delegating everything to your accountant and do more in less time with the assistance of the many automated features. You will definitely find what you are looking for!

Here are some of the characteristics concerning accounting:

Budgets
Revenues
Expenses
Banking Transactions
Tax reports

Budgets


	Are you the planing type? Want to keep a close eye on your finances? Then the budget function is for you and flexibility is its middle name: create budgets for a company, a property in dollar amounts or percentages and keep track of your leftover balance. Top of page

Revenues

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The Real Estate Manager distinguishes itself in being specialized for Real Estate. In our software you are dealing with tenants who are renting units. We are far from the concept of clients/sales of most traditional accounting software products...

Revenue Shares

Identify the percentages to allot to each company or owner so they are reflected in their financial reports.

Bulk invoicing

Bill all of your active and vacant units for each building and company in one click.

Example Rent Roll report

Billing adjustments

Be prepared for anything: temporary rent decreases for parking lots, with or without taxes accordingly.

Payment methods

Manage payments in full or partial amounts in cash, by check, postdated check, direct deposit or preauthorized payment with ease.

Housing Coop specifics

Manage co-op share payments, subsidies, member and council rebates.

Management company specifics

Bill management fees and reinvoice expenses to your clients with ease.

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Expenses

Make your life easier: Use The Real Estate Manager to manage your expenses!

Expense Allotment

Allot expenses between one or more units, properties or companies. The Real Estate Manager even allows unequal breakdowns to be done in any of the expense items!

Example of expenses per unit list

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Supplier Account

In associating each of your expenses to a supplier account, you will be able to obtain specific reports of each account.

Example of supplier's payable report

Automatic mortgage

The Real Estate Manager can calculate your mortgage payments with or without property taxes

Recurring transactions

Do you have to pay in equal installments and on a specific date? Prevent mistakes with the use of the recurring transactions!

Payment options

Choose between the available options: check, internet, cash, credit card and others!

Check printing

Be more efficient and professional by printing checks that comply to the Canadian Payments Association's (CAP) rules and regulations.

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Banking transactions

Stay in control thanks to these complementary functions.

Deposit Slips

Save time by not having to write every tenant check by hand on traditional deposit slips.

Don't use deposit slips because you deposit directly at the ATM? No matter! It will inform you on the details of the transaction that appears on your bank statement.

Example of a deposit slip

Bank Reconciliation

With your bank statement in hand, double check every transaction with those entered in the software.

Preauthorized payment file

Convinced your tenants of paying with preauthorized payments? The hardest part is done, creating the file and transmitting it to your financial institution is a breeze!

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