We use cookies to ensure the smooth running of the site, and to measure its audience in order to improve it. By clicking on "Accept" you agree to these cookies being stored on your device. For more information, please see our Privacy Policy and Cookie Policy.

Product and features

New features in the "expenses" module: simplified data entry and improved ergonomics

MYRE
Nov 5, 2023
Article cover image

For several months now, MYRE has made it possible to combine property management and financial management of real estate investments. Let's take a closer look at one of the key functions of sub-ledger accounting: expense management.

MYRE allows you to accurately record supplier expenses, enabling you to manage assets and provide a true picture of expenses at all times. Several MYRE-specific innovations have been developed to facilitate this time-consuming process.

MYRE, in addition to being a financial management platform for real estate, is also an auxiliary accounting tool, a single platform for everything. For example, all supplier expenses can be recorded in MYRE, enabling precise monitoring of expense lines. Expense budgets and landings are automatically updated.

New features: faster, simpler expense management

Expense management is carried out directly in an area dedicated to managing the structure. The platform's ergonomics make it easy to read expenses, so you can instantly see the assets associated with each expense.

MYRE really saves time when entering expenses, by enabling a single entry line to be used for expenses relating to several properties and/or tenants from the same supplier.

As for rebilling expenses to tenants, allocation keys are set up in advance. As many keys as required can be created to define the share to be paid by each tenant for each expense line. All that remains is to indicate whether the nature of the expense is recoverable or non-recoverable for each line.

Let's take the example of a landlord who receives a global invoice from a single supplier for elevator charges for several of his properties.
Thanks to MYRE, the manager can record a single expense line and break it down by building, then automatically by tenant. He can also indicate whether the nature of the expense is recoverable or non-recoverable. Thanks to a set of allocation keys, tenants can pay a share of the expense according to building and floor occupied, for example. Finally, the manager can easily view the information entered and identify the assets associated with the expense.

To go further in the operational management of your real estate assets: 

Take control of your real estate assets

Manage - Collect - Monitor
Have a taste of the platform
Image article

News

Artificial intelligence and real estate expertise: between fantasies and opportunities

At the 9th edition of the Rencontres Nationales de l’Expertise Immobilière, a panel discussion explored the impact of artificial AI on the real estate sector, highlighting the opportunities and challenges it presents.
Image article

Product and features

Security, reliability and performance for Property Management

In a context where cyberattacks are on the increase, it is imperative for Property Managers to choose tools offering strong security guarantees.
Image article

Product and features

MYRE's new interface: simpler, smoother, more efficient

MYRE’s interface was unchanged since its launch in 2019. We have redesigned it to make the experience smoother for all users, regardless of their use of the platform: Property, Asset and Fund Management.
See more news