Magex Technologies - Software specialized in real estate

Accounting


Here are a few characteristics concerning the accounting:

Income and Expenses

Income and expenses

Avoid opting for a general accounting software where it is easy to get lost in terms like Clients and Sales. Your clients are tenants and you are not selling anything, you receive rent! The Real Estate Manager processes your tenants rent, not purchases made by clients!

The Real Estate Manager is software that specializes in real estate management. It will enable you to visualize your profit at any time. Is there more than one owner for the same building? No problem! The Real Estate Manager will distribute the profit according to each owner’s share. Think about it, who can offer you this much?

  • Do you know how much has been invested in each apartment?
  • Do you know how much the rent will be increased?
  • You wish to know how much a supplier was payed last year for similar work orders but you would have to search through a pile of receipts? Discouraging isn't it?

The accounting of incomes and expenses is easy and thorough. Each expense is associated to a provider, which allows you to follow-up with the account payable. If the invoice is paid at the time of the purchase, it’s possible to save the disbursement directly in the Expenses window. The Real Estate Manager is there to help you get the job done. Don't worry, The Real Estate Manager is there to help you in a fast and precise way! Manage your expenses by indicating to which building or apartment the expense is related. This way, your rent increases will be justified by the archives stored in the software (if ever the case goes to litigation).

Example of reports

Deposit Slips

Deposit Slip

Print your deposit slip with one simple click!

Save time by avoiding writing your tenants' checks by hand, one by one on the traditional carbon paper deposit slips.

Accepted in most financial institutions, The Real Estate Manager's deposit slips help you be more efficient and professional. You don't use deposit slips because you make your deposits at the ATM? The system will automatically store the slip you created, in detailed increments in case you need to review it. 

Are you tired of wondering if you deposited your rent or not? Display the following Deposit Slip report, and imagine never having to manually fill in the slips again... what a joy!

Example of report

Suppliers' accounts

Suppliers'accounts

Without any additional fees, access the basic suppliers' accounts. Associate your expenses to the supplier with whom you are working and obtain your account statement for each supplier. This way, you can pay many different invoices of one same contractor with a single cheque, as well as do a liable follow-up of the transactions for this supplier.

To save time, easily process recurrent transactions, by avoiding to enter redundant information.

Example of reports

Tax filing

Are you afraid of producing your tax reports? Scared of making a mistake?

The Real Estate Manager creates the reports for you. It can even manage semi commercial buildings. For example, if you own a building with a 30% commercial share and 70% residential, each time you will enter an expense for this building, 30% of the payed tax will automatically be considered as redeemable.

Example of reports

  • Tax filing

Print your cheques

Suppliers' accounts

Think of the time it takes to fill in a cheque with its receipt by hand and writing the mailing address on the envelope.

Imagine, with a simple click, the cheque is printed with a receipt, and it's ready to be mailed. This is what The Real Estate Manger enables you to do. Not only does this approach give you more professional results, but it limits the possibility of making mistakes. 

Is there a cheque number appearing on your bank statement that is unknown to you? No need to search through piles of papers to find it, in one instant, The Real Estate Manager has the answer for you.

 
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