This month, we’ve rolled out several key new features and improvements. Highlights include the introduction of Property Compliance and enhancements to rent, income and expense invoices, trust/client accounting, and accounting integrations. We’ve focused on making your property management, compliance, and accounting workflows more efficient and easier to handle, and look forward to your feedback on these updates!  

🎉✨INTRODUCING PROPERTY COMPLIANCE FOR RISK-FREE PROPERTY MANAGEMENT WITH RE-LEASED 🎉✨

New feature
In recent years, compliance requirements for commercial real estate have become stricter and more complex, demanding that property managers stay updated on growing regulations and conduct regular audits. These tasks are crucial not only for meeting legal standards but also for ensuring the efficiency and safety of properties and tenants.

At Re-Leased, we understand these challenges and are excited to announce that Property Compliance is now available for all our customers. This core property management capability helps you manage your compliance in one place, save time and money, and mitigate legal, financial and reputational risks by ensuring your properties and assets remain compliant now – and in the future.

Keep track of your compliance with the Compliance Hub

The Compliance Hub delivers critical compliance information you need at a glance. It allows you to keep track of your compliance deadlines easily by providing a clear overview of all upcoming and overdue compliance requirements and tasks in seconds. Here you can also easily create new one-off compliance records for your properties with custom pre-set checklists and to-dos to support complex workflows.  

Visit the Compliance Hub

Centralise your compliance documentation in one place 

Say goodbye to third-party platforms and lost certificates. Now, you can locate, store and manage all your compliance documentation for each property inside Re-Leased. Maintaining accurate records for compliance checks and property maintenance, and meeting regulatory requirements has never been easier! 

Stay organised with timely compliance reminders

Simplify your calendar chaos by receiving automatic notifications before an important deadline. With compliance reminders, you'll never miss another compliance expiry date again. Just set a reminder during the compliance creation process to start receiving timely notifications via email and see reminders on the dashboard calendar, where you can also take action on them.

Simply setting up compliance with Templates

Create customised compliance templates to simplify setting up new compliance records and managing overall compliance, especially when you need flexibility or have detailed internal processes to follow. These reusable templates let you pre-define checklist items and documents tailored to your company's specific compliance needs.

Coming Soon

• Reporting and auditing
  Soon, you'll be able to run health check reports to identify missing, expiring, or expired documents, including those for specific compliance types. 
• Creating work orders directly from compliance records

Our Property Compliance documentation is in our Re-Leased Help Centre, and our support team are always available to help if you get stuck. 

✨ RENT REVIEWS✨

improvements
Automatically Tag Rent Invoices 'Without Prejudice' During Rent Reviews
You can now automatically add the "Without Prejudice" tag to rent invoices during outstanding rent review periods. This new setting helps you maintain an official 'open' position during negotiations and gets automatically removed once the review is completed. 

✨ TRUST/CLIENT ACCOUNTING✨

improvements 
Trust/Client Accounting customers will now find a new setting under "Owner statement display options" which will show tenancies with no activity on the detailed commercial  and  balances owner statement formats.

improvements
Instead of reversing many disbursements across multiple trust/client accounts, you can now reverse the most recent disbursement within a bank account even if other disbursements have happened more recently across other banks.

improvements
Discounts can now be applied to the following templates:

• Outgoings / service charges
• Repeating income 

✨ CONNECTED ACCOUNTING✨

QuickBooks Online improvements to US-based customers
improvements 
North American QuickBooks Online customers, you can now accept bank deposits as payments! No need to change any of your processes—just continue using QBO as usual. You can read more about Bank Deposit Transactions in this help article → 

improvements
Tax details now displayed on individual line items! This small but significant update addresses an issue where tax wasn’t correctly shown at the line item level on Re-Leased invoice templates, even though the overall invoice total was correct. We've updated the tax sync process, so your invoices will now show the correct tax details for each line item as expected. 

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