Highlights : About Budgetrac LEAD
Accounts Payable
Accounts Receivable
Expense management
Insurance management
Lease management
Maintenance management
Rent tracking
Sublease management
Tenant database
Tenant tracking
Vacancy tracking
Flexible lease administration
Space management
Common area maintenance (CAM) & expense recovery
Retail sales & tracking
Property management reporting
Maintenance management
Commitment management
Retainage tracking
Loan draw
Financial reporting
Product Details
Benefits
Lease administration functionality to handle step-ups, indexation, retail overages, complex recoveries
Budgetrac supports a wide variety of lease arrangements, including multiple leases per tenant and leases with multiple spaces, with lease administration functionality to handle step-ups, indexation, retail overages, complex recoveries, and more.
Customizable expense recovery tools
The customizable expense recovery tools allow users to define expense pools and associated account lists, calculate common area maintenance (CAM) estimates from budgeted or actual expenses, automate charge creation with or without adjustment amounts, and more.
Work order maintenance system
Budgetrac's work order maintenance system enables work order processing, preventive maintenance (PM) and non-PM work order tracking, automated alerts, and labor, materials, and parts cost capture by tenant, building, department, or cost center.
Commitment management tools to prevent over-payment
For developers, Budgetrac offers commitment management tools to prevent over-payment of invoices and contracts, project control with automatic income and cost tracking, loan draw request preparation, and project reporting.
Real estate accounting
Budgetrac's real estate accounting features include a real-time general ledger and bank book, accounts payable (AP), accounts receivable (AR), cash management, and financial reporting.