Our accounting module is designed for property professionals and offers more comprehensive accounting features than any of our systems. The integrated accounting module gives you the tools to manage your trust, business, and deposit cashbooks. You’ll be able to import bank statements, perform bank reconciliations, perform trust/business transfers, and more. Additionally, audit and accounting reports can be generated, including fee/commission reports (splits), Tax reports, trial balances, and ledgers.

Sadly, this is not our software’s core design. Due to the inability to generate levies statements, this system is not recommended as an HOA/body corporate management system. It is primarily used to manage residential rental and sales property portfolios. With our intelligent payment feature, you can generate rent payments, levy payments, and other payments from rental monies received.

There are two answers to this question: yes and no. It was designed primarily for residential rentals and sales portfolios. Some of our clients use the software to manage commercial/retail portfolios, as they find it suits their reporting needs. Our sales representatives will be able to help you determine if PropWorx will fit your needs by discussing your needs with them.

A single database is provided to you when you sign up. We set up the database for a single-tenant rental collection bank account that will be dedicated to a single entity. A tenant’s statement will include these bank details. It will be necessary to sign up for multiple databases for each of the bank accounts for rental collections. There will be separate databases, and the user will be able to switch databases. Additional licence fees may apply if you have more than one database

We would be sad to see you go! Cancellation can be made with a month’s notice at any time. The database is deactivated after the month you cancel, so you cannot access or generate reports. All your data can be downloaded/extracted before your database is cancelled. If you want to reactivate your database, you can do so at any time! There’s no doubt you’ll return.

That’s great! That means your business is growing! Our database is UNLIMITED. You can load unlimited files, properties, contacts, lease/mandate details for FREE. Unlike portfolio size or database size, your monthly subscription fee will be determined by how many users you intend to have access to PropWorx.