A substantial number of real estate agencies in Australia and New Zealand manage a mix of both commercial and residential properties.
But differences in how commercial properties are managed - such as GST, invoicing, CPI increases and reporting - make it difficult to manage in a system built for residential portfolios. That makes us sad.
The right features to manage commercial and residential property
Property managers no longer have to choose a system that suits one or the other.
Console Cloud allows property managers to categorise a property as commercial or residential. That means they can be managed easily, without rain-man level math talent.
Now, when a user categorises a property as commercial, they can:
Charge GST to rent
Invoice tenants for rent and outgoings
Manage invoice payment and rent-paid-to dates accurately, and
Generate invoices, statements and other reports that show updated GST reporting.
So long, complicated trust accounting!
Want to know more about commercial properties in Console Cloud?