THE REAL ESTATE AND RENTALS MANAGEMENT SYSYTEM(RMS)

RMS stands for Real estate and Rentals Management System

This is a comprehensive computer program for Rent Collection covering the following areas:

(i)                 Capture Tenants details

(ii)               Room and Floors price discrimination

(iii)             Automatic billing

(iv)             Automatic reminders and due Lists

(v)               Receipting

(vi)             Banking and withdrawals

(vii)           Tenant Statements of account

(viii)         General Accounting

Tenant Details:

• Register Tenants(Name, Nationality, Phone contact, email etc)
• Billing is Automatic based on predefined rates, An invoice is printed instantly
• Generation of Tenants’ balance lists
• Capturing payments by Tenants(Simplified no need of complex accounting terminologies of debit and credit)
• Generation of Receipts upon receiving payments
• Generation of Tenant statements of accounts
• Discounts and additional billing for other services enjoyed

Room and Floor Price discrimination

• Different rooms and floors are billed differently, RMS allows for price discrimination

Automatic Billing :

• A billing structure is set up, on a per room basis
• The Tenants are organized and allocated to their rented rooms
• Based on this arrangement, The RMS System will identify rent due and automatically update The Tenant’s account

Receipting

• Capture payments and generate Receipts.

Banking and Withdrawals

• Money received in cash will be banked , The RMS System allows for a simplified data capture form for banking
• Bank withdrawals are also conveniently captured

Tenant Statement of Account

• RMS generates a statement of account for tenants, at any time of need

 Identification of un Rented Rooms

• RMS automatically searches for un occupied rooms and reports accordingly

  Accounting

• Bankings, capture expenses, bank reconciliation, budgeting, and generation of Financial reports(balance sheet, income statement, trial balancer etc)