Property Managementis Golds source for lease management and accounts receivable processing.Its lease-based structure transforms your leases from static legal contractsto dynamic information generators, giving you the management tools to meetyour investment objectives--whether youre managing a shopping center,an office building, an industrial park, multi-family residential or allof the above. Features include:

• Lease-based systemERROR MSGprovidesunlimited flexibility for adapting software to your lease agreements. Setup multiple leases per tenant, multiple units per lease, and multiple tenantsper lease.
• Customized calculationsletyou handle unique or complex computations.
• Customized totalsfor properties, units, and leaseslet youcontrol accumulations such as those for year-to-date charges and payments.
• Start lease windowsprovidean interactive process for setting up a lease, prorating initial charges,and beginning the move-in.
• Terminate leaseprocessmakes moving out tenants and reconcilingaccounts efficient.
• Cash receipts functionalityprocesseschecks, cash, and money orders and allows you to post cash to existingcharges, new charges, prepayments, open credits, and deposits.
• Flexible late chargefunctionalityallows fees based on percent,flat amount, formula, or combination.
• Unlimited recurringchargescan be set up as flat amounts or formulas,with scheduled increases.
• Recoverable expensescanbe customized to escalate charges based on last years actual or next yearsbudget. Track stops, caps, and base-year amount, gross up expenses basedon occupancy, and set up multiple concession periods per recovery.
• Lease option capabilitiestrackclauses such as additional space, continuation of lease terms, first rightof refusal, and other contractual obligations.
• Weighted occupancyiscalculated automatically by move-in and move-out activity.
• Indexed escalationscanbe based on formula-driven CPI and Porters Wage calculations.
• Intercompany accountingcreatesdue-to/due-from transactions.
• Vacancy loss andstraight-line rentadjustments can be generatedand sent to the general ledger automatically.
• Start lease/terminatelease checklistsare customizable by lease.
• Tenant lockboxallowsimporting payments from financial institutions and non-Timberline softwaresystems.