Ob-serve Rentbook Product Features

Administration

• Full property management system for owner, tenant and agent
• Automatic calculation of rents due, owner commissions and charges
• Automatic calculation of payments due to owners
• Automatic tax deduction for overseas owners (if required)
• Recurring charges facility for billing sundries (TV charges, irregular commission charges, quarterly ground rents etc.)
• Word processor links for document production
• Diary system for event management (inspections etc.)
• Listing/chart of available properties
• Automatic matching of tenants & properties
• Property database can store photographic image & formatted text description - produce availability literature to market properties to tenants

• Integrated double entry accounting system
• Full management information (Trial Balance, Profit & Loss, Balance Sheet)
• Client & office bank account reconciliation
• Automatic VAT calculation for VAT registered businesses
• From your April 2019 VAT return, Ob-serve will submit your return direct to HMRC via their MTD platform, allowing for manual adjustments if required
• Nominal breakdown reports for year-end audit
• Supplier invoice entry can automatically generate charges to owner/tenant either as disbursements or with mark-up
• Nominal ledger is pre-configured for a letting agency and can be further tailored to your business
• Entry errors easily corrected
• Branch accounting for larger businesses