Accounting Features 

• Complete general ledger reporting is provided; from a trial balance to financial statements.
• Owner checks and travel agent referral checks can be printed automatically and easily with the core Reservation System.
• Checks such as vendor checks, company checks and refund checks are printed via options available on the Payables menu.
• An integrated payables system manages vendor payables, reservation cancellation refunds, security deposit refunds, and other check requirements.
• A complete deposit system is used to reconcile bank deposits; both cash and credit cards, to payment entries.
• Reservation income is automatically distributed through system generated journal entries.
• Reconcile Bank Account allows you to verify your ending bank statement balance with your RMS bank account balance. Checks and deposits can be easily reconciled. Both a detail and summary bank reconciliation report is available.
• Annual 1099's to all owners are printed on the 1099 form, and/or an IRS 1099 Magnetic Media File can be created.
• Current year, previous year month-to-date, and year-to-date balances are maintained for all general ledger accounts.
• A complete sales tax report is printed showing all taxes collected.
• Voucher system accommodates the management of company payables.
• Recurring fees post automatically.
• Owner Reserves can be set to hold all owner money or a fixed amount.
• Certified Trust Accounting reports on unit ledgers, trust deposits, trust payables and more.