MARK SYSTEMS' homebuilder Cash Receipts
software lets home builders of any size manage
customer deposits, loan draws and cash flow
from one centralized, easy-to-use source. Utilizing
MARK SYSTEMS single data base, IHMS homebuilder
accounting gives you real time control over every
aspect of home building cash management.

ONE SOURCE FOR CASH MANAGEMENT
A key component of MARK SYSTEMS' home builder accounting software, the Cash Receipts module makes it easy to track every type of cash deposit directly to it's source. Customer deposits, both base house and option deposits, including detailed scheduled deposits, are automatically defined as receivables when a Sales Contract or Option Addendum is accepted. While loan draws are defined and tracked within the Loan Accounting system, all draw receipts are captured through Cash Receipts and automatically associated with house and draw requests. Detailed deposit status reports, unlimied deposit history, and cash sub ledger reports are available instantly, at any point during the month.

Closing entries are a snap with MARK SYSTEMS IHMS homebuilder software. Using a common SQL data base, all previous transactions are pre-loaded into the closing entry, including Base House Sales, Option Sales, Lot Premium, Loan Draws and Customer Deposits. By predefining and pre-loading your settlement entry, MARK SYSTEMS IHMS lets you close each house as it happens, improving profitability reporting and cost allocations. Just as HUD sheet entry is simplified through access to the job's prior history in the IHMS data base, so are the postings for inventory relief and Cost of Goods Sold. Since MARK SYSTEMS IHMS home builder software accounts for every penny of construction costs, both direct and indirect, calculation of reserver amounts and total anticipated COGS is automatic and instantaneous. WIth IHMS, you can easily post construction expense in the same period as the sale, accurately accruing for projected total costs. At your discretion, the Settled House Closeout process automatically reconciles the reserve and COGS accounts for each closed job, posting any required adjusting entries and closing the house to further WIP postings. Of course, Warranty costs are still allowed.

Unlike many systems, MARK SYSTEMS IHMS home builder software allows unlimited cash receipts history. Reproduce every deposit posting in detail at any time, as well as drill down into the full deposit transaction batch from any individual deposit transaction in the general ledger.

The Bottom Line: MARK SYSTEMS Cash Receipts software improves cash flow, speeds accurate loan reporting, and simplifies deposit tracking and house closings.

No other home builder software gives you the power, flexibility, ease of use and return on investment MARK SYSTEMS' Integrated Homebuilder Management System. The premier residential construction accounting software on the market today, IHMS combines a proven track record of performance with cutting edge technology to give you the financial control today's tough business climate demands.

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American Management Enterprises, Inc.