- Rent, deposits and charges reconciled manually
- Sign-offs scattered across four teams
- One changed figure restarts the process
- No authoritative closure status
Interest captured and quotation approved
Prospect, property, unit, commercial terms and approval history begin in one record.
Contract activated
The agreed schedule becomes an active managed lease.
Posts accounts receivable for the billing schedule, VAT payable where applicable, and the security-deposit liability; deferred rental revenue is established for later recognition.
Lifecycle recorded
Billing, collection and approved lease amendments retain the same source.
Monthly recognition reduces deferred or unearned rental revenue and posts rental income; payment, PDC and receivable balances remain reconciled to the lease.
Settlement or renewal completed
Renewal and final settlement are completed against the active lease record.
Settlement reverses or adjusts outstanding receivables, deposits, unearned revenue, final charges and unpresented PDCs; renewal carries approved opening balances into the new lease period.