Offered directly from Sage.

Real Estate adds property management functionality to the Sage Intacct financial management toolkit.

The solution features a unique data structure that puts the lease document at the center of your workflow, making it flexible enough to accommodate virtually any lease agreement, including multiple leases per tenant, multiple units per lease, and multiple tenants per lease.
Real Estate easily adapts to unique lease clauses and calculations. This feature is particularly critical in the modern real estate landscape. With many companies looking to sublease space, it is important for landlords to track both the original lessee and the current occupant, with the ability to retain occupancy history indefinitely. Real Estate transforms your lease agreements from static legal documents to dynamic information generators.

Key Benefits:
Lease management
Stay on top of lease options with unlimited lease option tracking. Set up multiple leases per tenant, multiple units per lease, and multiple tenants per lease, with the ability to add unique provisions for each arrangement. You can even enter and edit future lease information as you receive it, then activate the lease at a later date.

Track pending move-ins and move-outs, and simplify lease start and termination, with user-defined checklists. Plus, Real Estate will automatically prorate all charges upon move in and move out, calculate interest on deposits and issue tenant 1099-INT, and reconcile final charges, credits, and deposits to send tenant refund information upon lease termination if applicable.

Real Estate also tracks other business-critical details such as property taxes paid, property valuations, tax exemptions, and pertinent insurance information on a property and lease.



Reporting
Sage Intacct Real Estate offers flexible reporting solutions to keep all property stakeholders informed and on the same page.




Billing and fee collection
Use the Balance Forward Statement, Open Item Statement, Tenant Invoice, or create your own customized billing format with Sage Intacct Custom Report Writer. Also, tenants can pay online with integration to a variety of payment portals. Then track and administer unlimited recurring charges to be billed weekly, biweekly, monthly, quarterly, semiannually, or annually, with the ability to bill miscellaneous, nonrecurring charges at any time and retroactively bill unpaid charges resulting from recoverable expense reconciliation. Review and adjust amounts transferred from the general ledger to Real Estate prior to processing recoveries. Customize recoverable expenses and escalations based on last year’s actuals or next year’s budget, and then automatically apply stops, caps, and base year amounts. Late charges can be based on a percent, flat amount, formula, or a combination of all three.

 

System Requirements:
To enable this integration, a Sage Intacct Construction Subscription IS required.

However, Sage Intacct users are not required to purchase their own Sender ID via the Sage Intacct Web Services - Developer License.

Price:
Module annually; additional named users annually

Integration Approved Countries:
United States;