Visual Lease’s robust financial management capabilities help ensure you pay only what you owe, collect what others owe you, and never miss a penny.

Accounts Payable

Accounts Payable, Accounts Receivable and General Ledger entries are all easily viewed in the financial calendar.

Accounts Payable, Accounts Receivable and General Ledger entries are all easily viewed in the financial calendar.

  • Track recurring and non-recurring rents and related costs in all global currencies
  • Process monthly rental invoices by region, portfolio, or individual location
  • Allocate expenses among multiple budget centers with multiple general ledgers
  • Specify different vendors for different charge items at a location such as base rental, CAM, taxes, etc.
  • Allocate costs among all your specific business units
  • View detailed payment history
  • Easily calculate straight line rents
  • Generate financial reports to comply with FASB and other requirements
  • Automatically submit your payables and receivables to your ERP system with our out-of-the-box accounting system integration

Accounts Receivable

The Payments screen allows you to manage both linked and unlinked payments s well as track your running balance for each account.

The Payments screen allows you to manage both linked and unlinked payments s well as track your running balance for each account.

  • Manage income from sublease or direct lease tenants
  • Track and bill recoverable operating expenses
  • Perform manual billing adjustments for NSF checks, billings and credits
  • Post all cash receipts “on account” against tenant balances or against specific invoices
  • Maintain and report an accurate transactional history for all billings
  • Full reporting for Aged Delinquencies, Tenant history, Cash Receipts, Invoices and Statements

Percentage Rent

Create an unlimited number of formulas to automate the calculation of percentage rent each month.

Create an unlimited number of formulas to automate the calculation of percentage rent each month.

  • Calculate Overage Rent
  • Calculate Percent in Lieu
  • Sales Exclusions by Amount and Percent
  • Recapture Lease Charges
  • Multiple Breakpoints and Rates

CAM and OPEX

The CAM / Operating Expense Desktop Audit module help ensure you never over pay a landlord.

The CAM / Operating Expense Desktop Audit module help ensure you never over pay a landlord.

  • Perform proactive Desktop Audits on all expenses to ensure compliance with lease terms
  • Track all reconciliation activity by facility/lease and by year, over entire lifecycle of each location
  • Determine percentages instantly for comparison of year-over-year charges
  • Enter detailed landlord expense invoices for each property
  • Track expenses for all of your expense categories (CAM, tax, insurance, etc.)
  • Enter annual landlord statements for each property

Regulatory Compliance

  • Sarbanes-Oxley
  • FASB
  • Field Level History Tracking
  • Electronic Record of Approvals
  • Centralized control over currency rate conversions