Property Accounting System

Invoicing/Billing

• Auto-generation of recurring invoices & manual issuance of ad-hoc invoices
• Water/electric billings: Technicians can input readings directly into the App
• Auto-generate late payment interest (LPI)
• Advance payment auto knock-off feature
• Auto-posting to the account book
• Bank Reconciliation auto-matching

Defaulter Management

• Auto send out reminders to defaulters
• Generate Demand Notice & defaulter list
• Generate Form 11 & 20 with auto-calculations

Accounts Payable (AP) Management

• Flexible approval checkpoints for Purchase Orders (PO), Purchase Invoices (PI), and Payment Vouchers (PV) through the Gprop Task Management App
• Control Systems to prevent double payments & over payments
• Compatible batch payment file for efficient upload into the M2E portal to speed up the payment process
• Account Book auto-posting
• Integrated with Asset & Maintenance Log Book: Issued invoice to be auto-updates to the maintenance asset & service contractor filing in the system
• Integrated with Forum module: Facilitate payment approval discussion between management and committees
Task Management System
Accounting Management System

Operational Accounting

• General features such as Deposit & Refund, Petty Cash, Receipts, CN/DN, Journal, Ledger, Cash Book, Bank Reconciliation, etc.
• Real-time Monthly Collection Report, Creditor & Debtor Aging, Debtor Outstanding, etc.

Financial Accounting

• Real-time Financial report: Trail Balance, Payment & Receipts, Profit & Loss Statement & Balance Sheet.

Unlocking Benefits with Our Condo Accounting Software

The accounting feature of GProps System offers manifold benefits to condo associations. By digitising financial records, it enhances transparency, providing clear insights into expenditure and income streams. This fosters trust among stakeholders and aids in compliance. Administrative burdens are significantly reduced through automation, freeing up time for more strategic tasks. Streamlined accounting processes enable quick access to financial data, empowering informed decision-making for budgeting and resource allocation. Moreover, the system's efficiency minimizes errors and ensures accuracy in financial reporting. Ultimately, GProps System optimizes condo association operations, promoting financial health and stability. Read more...

1. Enhancing Financial Transparency: We offer precise financial analytics, enabling condo associations to discern trends swiftly. This facilitates informed decisions, fostering transparent communication with stakeholders, vital for maintaining trust and ensuring effective governance.

2. Reducing Administrative Burdens: Our efficient accounting procedures ease administrative burdens for condo associations, allowing them to redirect time and resources towards vital tasks and initiatives, enhancing productivity and operational effectiveness.

3. Improving Decision-Making: We equip condo associations with precise financial data, enabling informed decisions, enhancing operational efficiency, and fostering strategic planning. Timely and accurate information facilitates improved management and drives optimal outcomes.

Optimize Your Condo Accounting Software

Discover the efficiency boost for your condo association with condominium accounting software from GProp System. Streamline financial management effortlessly. Explore the tailored solutions for your specific needs today. Contact us for a consultation or demo to witness firsthand how our condominium accounting software can transform your operations. Improve accuracy, transparency, and efficiency with GProp System
Contact Us

Learn more