Utilizing Cash Collection, Bank Deposits, and Petty Cash Management in FalconPro Real Estate Software Introduction Managing cash collections, bank deposits, and petty cash efficiently is crucial for accurate financial tracking in real estate operations. FalconPro Real Estate Software provides a streamlined approach to: ✅ Track cash collections from tenants and [...]
Managing Fees, VAT Inclusive Client Invoices, and Multi-Fees in One Cheque in FalconPro Real Estate Software Introduction FalconPro Real Estate Software simplifies handling fees, VAT-inclusive client invoices, and multiple fee payments using a single cheque. This feature allows businesses to: ✅ Set up fees with or without VAT inclusion. ✅ [...]
Automatically Generating VAT Adjusting Vouchers in FalconPro Real Estate Software Introduction VAT reconciliation is a crucial part of financial management, ensuring that input and output VAT are correctly adjusted and reported. FalconPro Real Estate Software provides an automatic VAT adjusting voucher feature to streamline this process, ensuring compliance with FTA [...]
How to Set Up and Use General Fees Items in FalconPro Real Estate Software Introduction In FalconPro Real Estate Software, users can collect money for non-contract-related transactions using General Fees Items. This feature allows businesses to: ✅ Record collections that are not linked to contracts or customers. ✅ Create custom fee [...]
How to Generate and Use the Rent Revenue Report with VAT in FalconPro Real Estate Software Introduction FalconPro Real Estate Software includes a Rent Revenue Report, which provides a detailed breakdown of rent revenue based on contract months, regardless of whether the rent has been collected. This report helps property managers: [...]
How to Add, Edit, and Use Cost Centers in FalconPro Real Estate Software Introduction In FalconPro Real Estate Software, cost centers are used to categorize expenses and revenues for accurate financial tracking. Cost centers are structured in a tree format, where a parent cost center can have multiple child cost [...]
How to Adjust a Receipt from Another Contract in FalconPro Real Estate Software Introduction In FalconPro Real Estate Software, users may need to move payments between contracts when a tenant has multiple contracts and wants to transfer part of a payment from one contract to another. This is done using [...]
Managing Fixed Assets and Depreciation in FalconPro Real Estate Software Introduction Managing fixed assets efficiently is essential for accurate financial reporting in FalconPro Real Estate Software. FalconPro allows users to: ✅ Create and categorize fixed assets (e.g., cars, laptops, buildings). ✅ Track asset purchase values and depreciation schedules. ✅ Automatically [...]
How to Use Credit Notes and Debit Notes in FalconPro Real Estate Software Introduction In FalconPro Real Estate Software, credit notes and debit notes are essential tools for correcting financial transactions. A credit note is issued to a customer when a refund or adjustment is required, while a debit note is used for supplier [...]
How to Set Up and Manage Opening Balances in FalconPro Real Estate Software Introduction Setting up opening balances correctly is essential for accurate financial reporting in FalconPro Real Estate Software. The system provides two methods to manage opening balances: Using the Open Balance Module (for direct balance entry). Using Journal Vouchers [...]