Yardi has grown to offer many more amazing products and modules. As a result, we’ve decided to write another blog highlighting new pieces of Yardi’s real estate software you should know, implement, and use regularly to make your company more efficient and positively impact its bottom line.

Here are 5 functions of Yardi you should absolutely use.

1- Accounts Validation

Your Chart of Accounts is the core of your Yardi framework, home to your overall record accounts — and Yardi has an approval instrument that you can use to examine your Chart of Accounts before you import, investigate, and refine it. The device peruses a CSV document and spots different issues with account planning. One model could a heading account that is feeling the loss of a comparing complete record. You can utilize the device to alter the Chart of Accounts, rectifying issue records, and save the diagram as a CSV document that can be brought into Explorer. What’s extraordinary is that this instrument can be utilized to approve your Chart of Accounts during an execution or your current Voyager Chart of Accounts.

2- Database Report

The Yardi Database Snapshot Report shows data about your database arrangement and design. You can survey it during execution to guarantee your arrangement is as expected as well as use it as an instrument for spotting blunders with arrangement or setup during everyday tasks. You can email the report or save it on your organization as either a Microsoft Excel or Adobe PDF document. For reasonable lodging properties, the Database Snapshot Report interface incorporates data set records and choices, general record accounts and between organization arrangement data, charge codes, property and property control data, project data, certificate data for each lodging program, and reasonable records and choices. The Database Snapshot Report is accessible on the Framework Organization menu, assuming that you are utilizing the Yardi Affordable Housing module.

3- Intercompany Accounting

Yardi Intercompany Accounting can be exploited by properties or investment management elements, permitting you to make “due to/due from” connections between substances you own and additionally make due. Intercompany Accounting empowers one entity to handle accounting assignments for another—generally to take care of bills or potentially get cash.

4- Purchasing

Core Voyager offers buying usefulness, which incorporates buy demands, buy orders, change orders, and repeating buy orders. This buying usefulness permits you to carry out endorsement work processes and control spending limits by cost types. Buy demands add an extra layer of endorsement to the buy request process, empowering workers to ask for, however not buy, items and administrations; a buy request, then again, is basically an approval to make a buy. A buy request does not affect the overall record until it is gathered or maneuvered into a payable. Since buy orders have no monetary effect, you can give admittance to upkeep and property workforce.

5- Construction Management

The Yardi Voyager Construction Management module — or the Yardi Job Cost module — is a full-administration electronic work costing and receivables arrangement. The Yardi Voyager Construction Management module oversees funds constantly for any size development project and can be redone — regardless of the development stage — with client-characterized positions, cost codes, mechanization, and occupation cost estimating to screen and control development costs. Projects range from business, office, modern, and private to blended use improvements.

With Yardi Voyager Construction Management, undertaking and property administrators, designers, and general workers for hire can follow spending plans, work spending plan updates, work offers, costs, money sources, draws on development advances, subcontracts, agreement and buy request responsibilities, and maintenance. The Work Cost module likewise offers a set-up for the development of the board reports, including position cost investigation, contract examination, draw investigation, maintenance reports, WIP reports, and determining reports.

As may be obvious, there are many valuable capabilities incorporated into your Yardi property management programming that you didn’t know existed — or perhaps you overlooked them, or perhaps you’ve recently been so occupied that you haven’t had the option to allow them a subsequent look. Nonetheless, we’ve ideally motivated you to take advantage of the abundance of potential your Yardi framework has available for you. 

Yardi Consultants Can Help

Yardi consultants know how to suitably execute structures and see how an association uses its product and what parts it can use better. An expert can bring what is going on into a more obvious concentration. In any case, their veritable worth comes through measuring, key readiness, and a profundity of industry information.

The aptitude of our Yardi group makes ND Consulting proficient at offering the most ideal help. It is essential to depend on an independent consultant you can trust to give the ideal arrangements with impeccable timing.

Yardi is a part of our Organizational DNA. We know the intricate details of Yardi. Despite the fact that Yardi’s client guides are good, they don’t necessarily give helpful answers to the main problems. That is where the information in our group separates us. We break down the issues and furnish you with a designated arrangement.