Visual Lease’s robust financial management capabilities automate expense payments, 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 expenses in all global currencies
  • Automate invoices by region, portfolio, or individual location
  • Allocate expenses among multiple budget centers with multiple-GL support
  • Specify different vendors for different charge items at a location such as base rental, OpEx, CAM & taxes
  • Allocate costs among all your specific business units
  • View detailed payment history
  • Easily calculate straight line rents
  • Generate financial reports to comply with FASB ASC 842, IASB IFRS 16 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 module allows you to manage both linked and unlinked payments and monitor your running balance for each account.

  • Manage income from sublease or direct leases
  • 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 Audit module help ensure you never overpay.

  • Perform automated 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 ASC 842 / IASB IFRS 16
  • Field Level History Tracking
  • Electronic Record of Approvals
  • Currency Conversion – Centralized Control