Rent Roll Pro, when integrated with QuickBooks Pro, provides property management features equal to those found on products costing thousands of dollars more, and provides invaluable financial analysis not found in other property management software.
Version 2.2 easily links to QuickBooks Pro: customer, vendor and invoice items synchronize; an entire property file's invoices are created with one click; take payments; statements; collection and income reports; security deposits and refunds; application and other pre-residential fees; rental sales taxes; many others. (QuickBooks Pro 2002 or later required )
No Per-Property license fees - no maintenance costs - voluntary upgrades
Up to 999 property files can be used without having to purchase multiple licenses. (One simultaneous user per license, however.)
New network capabilities and an expanded product line allow multi-user and multi-office installations.
A highlight of the many Version 2.2 features include:
* verified links to QuickBooks Items, Customers and Vendors prevent integration errors and allow coordinated edits of all linked entries
* multi-user access available (NetPack version only, and requires purchase of additional licenses) for management of multiple properties
* customizable Unit Tags for easy identification of units for billing, collection, or for any reason
* easy and powerful management of units with multiple lessees
* painless integration of Customer, Lessee and Contact information
* more powerful links and exports of Contact and Rent Roll information
* unlimited and customizable miscellaneous income billing and receipts
* full-featured Security Deposits calculations and policies
* Credit Application tracking and history
* Multiple waivable Application Fees
* new residents, Wait Lists, move dates, previous lessee history
* Third party account links allow room mates and sub-leases
* Custom Unit Types allow more flexibility for larger rental homes, Commercial properties and other types of rental income.
* advanced Account Settlement
* Print Settlement Agreements
* powerful and quick rent roll audits
* Ready Status and Ready Dates of vacant units
* Assign Classes, Sub-Accounts, Main and Sub Income Items to allow sophisticated accounting for multiple property accounting
* Rental Sales Tax recognition and registration
* included Contact Manager (an $85 value) has Traffic, History, and Custom Reports, expanded custom categories and information
* transfers data easily between home and office (complimentary mirror install - contact sales@softgreencorp.com)
* network-aware file reader allows reviewing a property's history and allows management review over a network or via internet transfer
* powerful and sophisticated reports include: Absorption, Net Rental Income Forecast, Periodic Economic Vacancy, Billing Detail, QuickBooks Transactions by Unit, and Rent Roll Pro's Financial Report.
Owners of apartments and other rental income properties can more than double their net operating profit by managing their properties themselves. Property management software packages however, are expensive, inflexible and hard to learn, can be used for only a single property or a limited number of units, and are saddled with inflexible and limited quasi-accounting databases.
Accounting programs like QuickBooks Pro can keep track of the income and expenses from rental properties, but do not: track leases; calculate the financial statistics necessary to gauge the effectiveness of the property management; handle maintenance requests, jobs and contractors; determine potential income and losses to that income; list property information like unit number, type, occupants, lessee history, physical address, etc. to accounting information.