We’re excited to introduce the R4 release of Sage Intacct Real Estate! This update brings new functionality, enhancements to existing features, and reporting improvements to help streamline your property management processes. Here’s what’s new:
Real Estate in the Main Applications Menu
Sage Intacct Real Estate is now more accessible than ever. You will now find Real Estate as a dedicated option in the main applications menu, allowing you to navigate to your property management workflows quickly and efficiently. This change ensures that all property management tasks are easily within reach.
Lease Renewals
We’ve added the ability to manage Lease Renewals directly within Sage Intacct Real Estate. This feature simplifies the renewal process by offering automated reminders and streamlined workflows, ensuring you never miss a lease renewal. The new functionality allows you to handle complex lease terms and agreements, making it easier to extend or modify leases while maintaining full visibility into your property portfolio.
Improvements to Late Fees: All Delinquent Payments Option
Late fee management just got better. With the addition of the All Delinquent Payments option, you can now configure late fees more precisely across all overdue payments. This improvement provides greater flexibility in managing tenant delinquency, ensuring that late fees are applied consistently and according to your specific policies.
Percentage Rent Improvements: Cumulative Calculation Option
Managing percentage rent has been enhanced with the new Cumulative calculation option. This feature allows you to add sales volume throughout the year, automatically accumulating the total and applying the appropriate percentage rent steps based on the accumulated amount. This ensures accurate rent calculations for tenants with percentage rent agreements, reducing the need for manual adjustments and improving billing accuracy.
Reporting Enhancements
We’ve enhanced several reports to give you deeper insights into your real estate operations:
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Improved Lease Abstract: The Lease Abstract report has been enhanced to include more detailed information about your leases, offering a comprehensive view of key lease terms, payment schedules, and clauses. The updates make it easier to review and manage multiple leases in one place.
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Projected Revenue Report: The new Projected Revenue Report provides better visibility into your projected-based revenue streams. It offers detailed breakdowns of revenue across various projects, helping you track performance and forecast future earnings with precision.
These updates are designed to enhance your experience and offer more control over your real estate management workflows. As always, we’re committed to providing tools that help you maximize efficiency and make data-driven decisions.
To learn more about these features, please contact your Sage Intacct account manager.