An effective cash management tool with comprehensive general ledger
Whilst MRI Horizon (formerly Qube Horizon) offers seamless integration to your corporate financial accounting system or your ERP systems, our pedigree in full property accounting means we can also provide a fully featured property specific general ledger and cash management option if required.
Cash management functionality from Horizon enables the reconciliation of all bank accounts and cash transactions, and offers a central point of enquiry for all payments and receipts. Its features include automatic and semi-automatic bank reconciliation, a cashbook ledger to enable cash only transactions to be managed, central accounting and fund testing, as well as the ability to interrogate any cash posting online and drill back to source ledger transactions. Furthermore, it has multicurrency and currency revaluation functionality for reporting purposes and receipt clearing incorporating working days.
Horizon’s general ledger offers a central accounting solution for all sub ledger entries to provide management and statutory reporting by property, entity and group. Again it has multicurrency/multibook functionality, offers multiple accounting periods, can automate pre-payments and deferred income as well as covering rent straight lining (FASB 13, UITF28), 3rd party journal uploads and property re-valuations. It is also compliant with IFRS and FASB.