Monday, June 6, 2011     17:19

Frequently Asked Question

1. What is Promas Associaton Property Management Software?
The Associaton Property Management Software is ideal for management companies with multiple customers as well as the self-managed association keeping their own records. This software was designed with Association needs in mind - it is not modified rental software.
A Management company can purchase a license to effectively handle an unlimited number of associations for $1,995. A self-managed association or a startup company gets the same software for as little as $295 (50 member version). There is no better bargain than PROMAS when it comes to Association software.

2. What are the Features of PROMAS Association?

    • PROMAS Association Version offers the following features:
    • Windows 98, NT, 2000, XP, Vista, Windows 7 and network compatible
    • Fully integrated double entry accounting functions: general ledger, accounts payable, accounts receivable; simultaneous cash, accrual and modified cash reporting
    • MICR check printing; electronic filing for 1099's
    • Multiple bank, checking accounts; escrow accounting; bank statement
    • Late fees based on % of rent charges; fixed amount; % of rent plus fixed amount; per day $ amount
    • Letters - custom design; multiple notices per tenant; profile, balance information insertion into letter; multiple page; send to any subset of owners, tenants, vendors, export to Word.
    • Notes - by association, unit, member; scheduled or one time; generate a reminder
    • Member - separate accounting; prepayment processing; emergency information; statement printing.
    • History transactions - multiyear member, bank, check, invoice; receipt; filter, edit, void, reverse, NSF posted transactions
    • Bank - reconciliation by account; deposit slip posting; bank to bank transfers; edit deposits; check and deposit history¬†


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