REALAX Financial Accounting Certified in accordance with IDW PS 880.
REALAX is the software for professional real estate management.
GiT combines powerful solutions with many years of hands-on experience in the real estate industry.
Financial accounting
The REALAX Financial Accounting module meets all requirements for powerful accounting and controlling – as regularly certified by renowned auditing firms. REALAX Financial Accounting is a tool that significantly increases productivity, efficiency, and process and data transparency within your company, while being more user-friendly and tailored to the real estate industry than any other accounting software.
Functional, secure, and fully compliant
Streamline traditional accounting practices and automate your financial processes with the REALAX Financial Accounting module. It offers numerous features, including accounts receivable and payable management, dunning processes, e-banking, invoice receipt management, plan/actual comparisons, budget management, and extensive standard reports. Make data-driven and informed decisions using comprehensive analysis and reporting functions, and ensure that all business transactions and activities are monitored, allowing you to identify financial trends at an early stage.
REALAX Financial Accounting has been fully developed and implemented by GiT. Compliance with all laws and regulations, as well as data security, are top priorities throughout development. All data entries and changes made by users, for example in master data, are fully and continuously logged without gaps.
E-BANKING
REALAX Financial Accounting offers a comprehensive and user-friendly range of functions for payments and banking. Particularly in this area, large volumes of data often lead to time-consuming processing, execution, and reconciliation tasks.
REALAX supports users with automated processes and features that are specifically tailored to the real estate industry.
Automated direct debit collections
In REALAX, house banks can be defined per property, per company code, or per portfolio. In practice, this can quickly amount to more than 100 house bank accounts to which incoming payments must be allocated. This process is handled fully automatically, saving customers a significant amount of time.
Convenient SEPA mandate management
The mandate management in REALAX supports versioning, for example. This means you don’t need to generate a new mandate every time a debtor’s bank details change. You simply submit the changes to the bank, and the mandate remains valid.
Automated and secure open item accounting
For example, execute outgoing payments using the four-eyes principle and always be confident that what you have approved is exactly what is submitted to the bank. All types of incoming and outgoing payments (invoice cancellations, underpayments or overpayments, etc.) automatically trigger corresponding follow-up processes in REALAX. Manual creation or deletion of open items is no longer necessary in REALAX.
Flexible dunning management
For each debtor – and even for each individual open item – you can define a customized handling. At any time, you also have the option to intervene in the dunning process based on dunning proposals.
-Unlimited number of dunning levels and dunning groups
-Dunning notices in any language
Calculation of dunning fees and default interest
-Minimum amounts and grace periods
-Flexible design of dunning texts
-Clearing based on the four-eyes principle
-Dunning proposal lists
-Legal case list
-Selection of individual customers/documents to be dunned
and much more