written by:Lisa Richards Mar 2015 0 Comments
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Rent Payments can be received in a multitude of ways including being entered manually or through our Payment Portal. With the PropertyBoss Payment Portal, property managers can accept electronic payments online. All payments received through the Payment Portal are automatically received and prepared for receipt within PropertyBoss. When linked with the Owner Portal or the Resident Portal, payments are automatically assigned to the appropriate individual for reduced processing times and greater financial accuracy.
Our Prospect Tracking module provides extensive capabilities for managing unlimited prospects and the activities associated with tracking a prospect from initial contact through signing a lease. This module is sold separately, and you must enter a registration number in the setup process. At the point a prospect becomes a tenant, the detailed prospect information you have entered, including the transaction register, is transferred to the Tenant and Lease Notebooks and Lease register.
Task Processes can be defined and assigned by creating a checklist which can help to keep your processes consistent no matter who the employee may be. This also allows new employees to hit the ground running. A checklist is a group of related work orders necessary to accomplish a specific goal. For instance, you may have a standard checklist or checklist you follow when a tenant moves into your property. This checklist may consist of the following activities:
You can define a ‘Move In’ checklist, listing each task. Once defined, you can assign the checklist at any time. A checklist provides an easy way to assign and track groups of work orders without the time and effort necessary to enter multiple work orders each time the checklist is assigned.
Checklists, like work orders, may be assigned to a specific type of account (lease, owner, etc.) or may be unassigned. After a checklist is defined, you can view all of the work orders that make up the checklist in a tree structure. Each task is listed with its place in the schedule of the checklist, making it easy to view any checklist in a step-by-step format. You can define an unlimited number of checklists for each account.
The chances of your business every coming under the scrutiny of the IRS for a tax audit are pretty slim, but it does happen. In case it happens to your property management business, you want to make sure you’re prepared. To help, we’ve put together some tips to assist you, just in case you ever … Continue reading 5 Tips to Help You Survive a Property Management Tax Audit...read more
As a property manager, you know how important it is for your new and existing tenants to get renters insurance, but the issue is that you need to find a way to communicate that with them. While you do your best to make sure your properties are always updated and up to code, that doesn’t … Continue reading The Power of Renters Insurance...read more
In a perfect world, when you reconcile your property management bank accounts, everything checks out with the bank. Your account statements align perfectly with what your accounting software states, and you can easily check that off your long list of things to do. We all know that’s not how it works. Reconciling your accounts is … Continue reading Property Management Tips: Reconciling Your Accounts...read more
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