Benefits of Budgetrac for the
Accounting / Finance Manager
Budgetrac offers features to enhance your real estate accounting, including:
Our easy-to-use general ledger, which provides complete control over all of your financial reporting.
Simultaneous cash & accrual, as well as multiple accounting methods, which meet your internal and external reporting needs.
Automated inter-company entries and time-sensitive percentage-of-ownership hierarchy tools support your multi-entity ownership reporting needs.
The ability to access previous, current, or future financial information instantaneously.
Why a multi-company accounting software solution?
- No need to login and logout of each company
- No need to re-enter new accounts into each company since they are global in Budgetrac
- No need to re-enter vendors into each company since they are global in Budgetrac
- No need to re-enter invoices more than once for multiple companies
- Budgetrac has an unlimited number of Bank Accounts
- Budgetrac has built-in MICR fonts that use blank check stock. Thus eliminating the needs for purchasing check stock for each bank account and containing changing the stock for each bank account’s check run
- Consolidation across portfolios
Loan Draw
Save significant time preparing loan draw requests from cost items that have not been entirely drawn and indicate full or partial requisition. Track multiple loans, update approved loan draws, record cash receipts and post general ledger journal entries.
“It saved us the salary of an accounting clerk because there’s no way I would have been able to do it on my own.”
-Chief Financial Officer, Integrated Real Estate Company; Residential, Retail, Mixed-Use Projects- Virginia
Want to see more?
Learn how Budgetrac can transform your real estate development business.
Click below or call 800-772-6866 to schedule a complementary personalized demo today!
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