Can I record commercial property and handle the rental, depreciation and insurance?
Yes. MySF Manager has a comprehensive approach to managing property. Users can add multiple tenants for a single property, each with their own set of terms and conditions. Photographs, tenancy agreements or any other documents can be attached to the tenancy in MySF Manager to ensure that nothing gets lost. Even though the asset may be a building, MySF Manager allows you to add individual items for depreciation. So the lighting, air conditioning, carpets, all of which have different useful lives can be added as a sub item of the asset and depreciated. Insurance can be recorded against the asset along with policy details and renewal dates. Using the Calendar function in MySF users can be reminded when premiums are due.
