One ledger for the whole business
Commissions, developer rebates, petty cash and salaries all post into a single double-entry ledger.
Real Estate ERP
Accounting, commissions and payroll for real estate agencies.
PropertyVise Real Estate ERP keeps the money side of your agency in one system: commissions, agent and developer ledgers, petty cash, payroll and a real double-entry ledger, so you can stop reconciling spreadsheets by hand.
GENERAL LEDGERSAMPLE DATA
Every entry is posted to the books.
Why it matters
Built around the way property businesses actually work.
Commissions that go through approval
A commission request is submitted, approved or rejected, and only then recorded to the agent's ledger.
Know what every agent and developer is owed
Each agent and each developer has their own ledger and a statement you can open at any time.
Petty cash under control
Record expenses by category, move funds in, and always see the current balance.
Payroll that posts itself
Generate a salary period, add adjustments, then post it to the ledger and mark it paid.
Corrections leave a trail
Posted entries are not edited. A wrong entry is voided with a reason, and only people with permission can do it.
What is inside
Everything in one system.
General ledger
- Double-entry journal entries
- Browse and filter every entry
- Void a wrong entry with a recorded reason
- A chart of accounts you can edit
Agent ledgers
- Earnings, cash-outs and deductions per agent
- A statement for each agent
- A dashboard of balances across your team
Developer ledgers
- Rebate agreements per developer
- Receipts and adjustments
- A statement for each developer
- A dashboard of what is due
Commission requests
- Create one from a sale or a booking
- Submit, approve or reject
- Finalise into the agent's ledger
- Printable settlement
- Approval settings you control
Receipts
- Record money received before it is linked to a lead or sale
- Assign it to a lead and apply it later
- Refund when needed
- Printable receipts
Petty cash
- Expenses by category
- Fund transfers and adjustments
- Live balance and full statement
Payroll
- Salary profile for each employee
- Monthly payroll periods
- Additions and deductions
- Post to the ledger and mark as paid
- A register for every period
Employees and attendance
- Employee records
- Attendance with a late-arrival rule (start time plus grace period)
- Attendance report and company holidays
Roles and permissions
- Control who can create, delete, export and void finance entries
- Roles set up for your team
Financial reports
Coming soon- Trial balance
- Income statement
- Receivables and payables aging
How it works
From a sale to the books
- 01
Sale or booking
A deal closes and a commission request is created from it.
- 02
Approval
The request is submitted and approved or rejected by the right people.
- 03
Ledger
Approved commissions are recorded in the agent's ledger, and developer rebates in the developer's.
- 04
Payouts
Cash-outs, salaries and petty cash expenses are recorded as they happen.
- 05
Statements
Open an agent's or developer's statement, or browse the whole ledger.
FAQ
Real Estate ERP: common questions.
Not seeing yours? Book a demo and we will go through it together.
Real estate agencies and brokerages that earn commissions and developer rebates, and pay agents and staff. If you manage rented apartments and collect rent, look at the Apartment Management System instead.
Many agencies do. Book a demo and we will look at how your ledgers work today and how they would fit into PropertyVise.
A commission request is created from a sale or a booking. It is submitted, then approved or rejected. Once it is finalised, the earning is recorded in the agent's ledger, and you can print the settlement.
Posted entries are not edited. If something is wrong, the entry is voided with a reason, and only people with the right permission can void. That keeps a clear trail for your accountant.
It records salaries. You set up each employee's salary, generate a payroll period, add adjustments such as additions and deductions, post it to the ledger and mark it paid.
Reports such as the trial balance, income statement and receivables and payables aging are on the way. Today you can browse every ledger entry and open agent and developer statements.
It depends on the size of your team and what you need, so we quote it for you. Contact us and we will come back with a clear number.
Get in touch
Talk to us about Real Estate ERP.
Tell us about your business and we will show you how it works and quote it for you.
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