NEWS YOU CAN USE

 

 

 

 

In This Issue

Spring Edition n Volume 6, Issue 2

 

Quick Tips

Legal Entities

New On Your Screen

Recording Owner/Vendor NSFs 

 

Feature Focus

ScreeningWorks

Industry Fun Facts/Interesting Pictures/Trivia
Need a break?  Read funny stories & fun facts, look at pictures or answer trivia

                   P2PM NEWS
Welcome to the Spring issue of News You Can Use.  We’re happy to provide a newsletter that keeps you apprised of enhancements and that can help to make your job easier.

If Point2 has helped you grow your business in 2011, we’d like to feature you in a client profile in an upcoming issue of the newsletter. Just send us a note to newsletter@point2propertymanager.com. We’d also like to hear your story ideas because we believe in listening to you.

Check out P2PM on Ezine Articles and read our latest property management blog article.

Remember to friend P2PM on Facebook and follow us on Twitter.

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Quick Tips

Legal Entities  

Define a legal entity for an affected property

 

If you are a fee manager, you probably selected the “Fee Manager” option on the Company Setup page in the Company Profile section.  For most of you, that was the correct (and somewhat obvious) selection.

However… using this setting, you can run all of the financial reports in the system EXCEPT the Trial Balance and the Balance Sheet.  Because these reports need to balance, the only way to make these available is to define a legal entity for the affected properties. 

So if you need to provide either a Trial Balance or a Balance Sheet to any of your owners, be sure to select the “Manage and Own Properties” option.  Selecting this option will then allow you to specify a legal entity for each property that requires either of the reports mentioned above.




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New On Your Screen

Recording Owner/Vendor NSFs


Our fabulous programmers have added yet another very useful feature.  You can now record returned checks from your vendors and owners using the same NSF page where you record your resident NSFs.  Now, when you select the NSF page from the Transactions menu, the Name field dropdown list includes both residents and vendors/owners.  Just click the tab at the top of the dropdown list to toggle between the two groups.

If you record an NSF from a vendor, we’ll even enter a credit memo against their account.  The next time you select to pay their invoices, you can include that credit memo!

 

 

 

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Feature Focus

Screening Works

 

We are very proud to announce that ScreeningWorks®, an online tenant screening solution for small landlords and property managers, is now integrated with Point2 Property Manager.

Full integration allows you to use ScreeningWorks to perform credit and criminal background screening on prospective residents right from within P2PM!  Results are automatically stored with your applicant record.  You can even sign up for ScreeningWorks right from the Tenant Screening page located in the Company Setup menu.

Contact us for more information on how ScreeningWorks can help you save time and money!

 

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Industry Fun Facts/Interesting Pictures/Trivia

Need a break? Read funny stories & fun facts, look at pictures or answer trivia in this new section

 

This section is to encourage you take a little break, let down your hair or guard and read some industry fun facts that you may not know.  We've also included a picture or two that we hope will help to put a smile on your face.

Fun Fact: Mexico's Puerto Vallarta is the top option in Mexican Real Estate and comes with a long list of reasons why investors love it, one being it's relation to Hollywood.  It has a history of American movies being filmed in or near the city.

We, at P2PM know that being in the Real Estate Profession can be very demanding and time consuming and we want to not only provide the tools you need to work hard, but share with you some humor while you work!

How well do you know the Real Estate industry?  If you think you know the answer email it to us, and you could be featured in our next issue of "News You Can Use" newsletter!

*Trivia: What Real Estate board game became the best-selling game in America just one year after it was created?
 

*trivia answer will be in the next ”News You Can Use” issue



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