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Rent Magic Software: Commercial and Residential Property Management Software

Complete and Effective Software Solutions
for the Property Management Industry
ontario british columbia bc alberta saskatchewan canada commercial residential
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Features

Feature summary

Residential Tenancies Act Integration

  • All Ontario, BC, and Alberta Legal Forms built in
  • Automated N1s and N4s for Ontario
  • Send government-approved Late Payment Notice in batch mode for tenants in arrears
  • Automatic calculation of LMR (Last Month Rent) increase, individually or in batch mode
  • Automatically generate government-approved Increase Notice in advance with one click
  • Use templates to automatically send a personalized letter to explain the increase, as well as any updates to the LMR

Commercial Integration

  • Create an unlimited number of CAM (Common Area Maintenance) charges, and assign accounts to each charge
  • Easily specify lease details -- different information for each CAM charge, how to calculate in the future, etc.
  • Set step-up lease information for auto application
  • Specify on each invoice to which buildings and units it should apply
  • Create personalized CAM reconcilliation report for all tenants with one click

Powerful User Management

  • Unlimited users, for no extra cost
  • Fine-grained user permissions
    • Only allow access to certain buildings, units
    • Only allow to post certain types of transactions
    • Only allow to print certain reports
    • Allow or deny access to any program function

Batch Functions

  • Very fast entry of rent payments
  • Automate rent increases and LMR calculations
  • Send N4s or late payment reminders to all tenants in arrears at once
  • Automated NSF functions

Reports

  • Rent rolls
  • Tenants in arrears
  • Bank deposit slips
  • Tenant ledger
  • Rent Receipt for any time period, with the manager's signature
  • ... plus many, many more!

Accounting

  • Features GL, Accounts Receivable and Accounts Payable and Canadian Payroll
  • Do your Bank Reconcilliation manually.
  • Powerful Accounts and Jobs management, with the ability to have one item a subitem of another
  • Many built-in reports, such as Balance Sheet, Income Statement, General Ledger, Trial Balance, and many more

 

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ontario british columbia bc alberta saskatchewan canada commercial residential