Financial tracking is accessed through the property management system when a property reaches sold status. To record financial details for a sold property, navigate to the property overview and access the financial section where you can document the complete transaction.
When adding financial information, you begin by selecting the contact (buyer) associated with the transaction and can attach relevant documents such as contracts or agreements.
Basic transaction details include:
{primary.fa-info-circle} Financial records are linked directly to properties and automatically calculate commissions and net revenue based on the values you enter.
The financial details section captures comprehensive transaction data including:
The system automatically calculates the net revenue by subtracting all costs from the sale price, providing instant financial clarity.
Additionally, you can specify:
This ensures proper credit assignment and commission tracking across your team.
{warning.fa-exclamation-circle} Ensure all financial data is entered accurately as this information is used for generating financial reports and calculating team member performance metrics.
After entering all financial details, click the Update Financial button to save the information. This data will then be available in the Financial Reports section, where you can generate comprehensive reports on:
You can view all recorded financial transactions under Reports → Financial Reports, where you can filter by:
This allows you to analyze your agency's financial performance comprehensively.