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NAYSA Realty System was developed for companies who are into the selling and leasing of vertical and horizontal properties as well as parking units.
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SYSTEM FOR REAL ESTATE ACCOUNTING
Invest Smartly
What can we Offer?
GO FOR AN INTEGRATED REAL ESTATE AND ACCOUNTING SYSTEMS
Streamline your business process by having an integrated Real Estate and Accounting Systems
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Simplify the Monitoring of Buyer's Property Investments - let the system track the multiple property investments of each buyer.
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Simplify Sales Monitoring for Tax Compliance - let the system assist on tax compliance and know when to Invoice the buyer and how much tax to declare.
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Enjoy the seamless interfacing of Real Estate transactions to accounting system
INTEGRATED SOLUTION
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NAYSA Financials Service Package
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NAYSA Realty
ADD-ON MODULES
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Customized Features
COMPREHENSIVE REAL ESTATE ACCOUNTING
SALIENT FEATURES AND FUNCTIONS
SALES
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Facility to create and cancel Reservation Agreement.
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Computation of Reservation Agreement Total Contract Price is compliant to mandated government format. VAT amount is automatically computed based on the set-up of Property Threshold.
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Configurable computation of monthly amortization..
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Can handle recording of down payment and lump sum payment..
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Automatic computation of Balance Upon Turnover (BTO).
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Generation of amortization schedule based on the breakdown of Total Contract Price (TCP).
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Provides set-up of agent's commission details per reservation agreement transaction.
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Facility to transfer payment from a cancelled Reservation Agreement to a new Reservation Agreement.
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Query facility on Reservation Agreement History and Buyer Ledger.
COLLECTION
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Simplified preparation of Provisional Receipt per check payment.
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Multi-currency.
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Automatic computation of Company and Joint Venture (JV) share based on pre-defined JV sharing set-up.
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Facility to hold checks due for deposit reference to the allowable number of days.
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Facility to tag deposited checks.
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Automatic creation of Official Receipt transaction for Company share and Acknowledgement Receipt transaction for Joint Venture (JV) share.
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Interfacing with NAYSA Financials triggers automatic creation accounting entries to Official Receipt and Acknowledgement Receipt transaction.
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Provides audit trail from Provisional Receipt -> Deposit -> Official Receipt / Acknowledgement Receipt.
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Query facility on Customer Ledger.
DISBURSEMENT OF AGENTS COMMISSION
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Computation of agent's commission upon recording of collection based on the pre-defined percentage share per Reservation Agreement.
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Interfacing with NAYSA Financials triggers automatic creation of corresponding Check Voucher (CV) transaction.
PROPERTY INVENTORY
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Facility to set-up Project Master Data.
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Facility to set-up Joint Venture (JV) per project.
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Separate data master file for unit, lot, and parking space.
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Color coded inventory status filterable by project, phase, block or any combination of these information.
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