Upperbee 

Finance: Features

Fully featured accounting software

UpperBee includes traditional accounting features such as journal entries, bank reconciliations, accounts payable and receivable, financial statements, complete with a balance sheet, statement of earnings and accompanying notes. However, where UpperBee really shines is its specifically designed features for residential rental properties.

Manage your finances, assess and collect rents, pay bills, automatically invoice recurring charges, compare budget to actual results - And much, much more!

Invoicing and collection of rents

Bill your tenants and allocate these charges to their accounts automatically, according to the frequency specified in their lease. Automatically collect your rent or deposit checks using third-party integrated payment platforms.

Depots

Rent deposits

Collect rent using UpperBee’s 3rd party integrated pre-authorized debit features and let UpperBee automatically make all the required accounting entries for you.

Rent increase calculator

Do not leave money on the table. UpperBee Rental's rent increase calculator allows you to get the most out of your rental income and at the same time maximize the value of your properties.

Augmentation

Charte

Customizable chart of accounts

You want more or less details? No problem, establish the chart of accounts that meets your needs. In addition, you can allocate to each of your accounts an IGRF code that allows you to quickly process your Canadian tax returns.

Invoices and credits

Go paperless - Keep all invoices and credit notes of your properties in electronic format for future reference.

factures

Compta

Customized financial statements

UpperBee Rental allows you to generate a complete set of financial statements that includes the balance sheet and income statement. Only the statement of financial position is not generated automatically. Group accounts automatically or create the chart of accounts that meets your needs, the flexibility of UpperBee's accounting tools make them adaptable to almost any situation.

Account grouping

Group similar revenue or expenses accounts in order to facilitate the analysis of the financial statements of your properties.

grouperments

conciliation

Bank reconciliations

Reconcile your accounts periodically to ensure the accuracy of your accounts.

Special charges

Invoice special charges (fines, service fees, etc.) to one or more tenants from a predefined list, reducing both your processing time and the risk of errors.

charges-speciales

charges-recurrentes

Recurring charges

UpperBee allows you to schedule charges outside a tenant lease to be billed at regular intervals (e.g., for cable access, etc.).

Payments & bills

Access your payment history and quickly view all your property’s unpaid bills. Managers can grant access to the detailed statement of account of each tenant to their owners or investors. Each tenant can also access their statement of account. UpperBee can accommodate multiple sources of income other than standard rents - Finally, keep track of all your properties revenues using simple and intuitive tools

Compta-recevables Compta-recevables

approbation-factures

Paperless payment and approval process

UpperBee’s paperless processes allow you to assign various task levels within your organisation to match the employee skillset with the task at hand. Such as: i) data entry by your accounting staff; ii) invoice review and approval by your building manager; iii) payment approval by your client; and iv) issuance of a cheques bearing electronic signature, etc.

Journal entries

Journal entries allow you to enter any transaction for which UpperBee does not offer an automated feature, so you are never left empty-handed. In addition, accrual reversals can be set to be automatic.

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Budget

Budgets

Create annual and special budgets that include operating expenses and reserve funds, project contributions, and contributions to any number of personalized project funds. Enter your expenses directly or opt for an automatic periodic distribution of your expenses based on your past results. Reporting on the budget with UpperBee has never been easier.

Tax slips (Ontario in development)

Automatically generate tax forms such as Relevé 31, T776 and TP128 (available to users in the province of Quebec, Canada).

Tell us your needs

UpperBee offers management software solutions for all property types. But which solution should you choose? Let us guide you and choose your demo according to your needs!

MANAGER | CONDO | RENTAL | TRACK&FIX | MEETING | BONJOUR