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Classification of Report Statement. (A) Accounting Report These reports help in tracking the financial aspects of property management. 1. Income Expenses Statement: This report details all income received (e.g., rent, late fees) and expenses incurred (e.g., maintenance, utilities) over a specific period, providing an overview of the financial health of the property. 2. Breakdown Statement: It offers a detailed breakdown of specific categories of income and expenses, helping to analyze and identify areas of high expenditure or income. 3. Profit & Loss Statement: This report summarizes revenues, costs, and expenses during a specific period, showing the net profit or loss made by the property. 4. Payment Log: A record of all payments made and received, including details such as date, amount, payee/payer, and purpose of the payment. (B) Rent Repayment These reports focus on tracking rent payments and outstanding balances. 1. Rent Ledger: A detailed record of all rent payments made by tenants, showing payment dates, amounts, and any outstanding balances. 2. Rent Payment Difference: This report highlights any discrepancies between the rent amount due and the actual amount paid by tenants, useful for identifying underpayments or overpayments. 3. Overdue Rent Payments: A list of tenants who have overdue rent, including the amount owed and the duration of the overdue period, to facilitate follow-ups and collection efforts. (C) Expenses These reports detail various expenses related to property management. 1. Overdue & Upcoming Expenses: A report listing expenses that are overdue for payment as well as upcoming expenses, helping property managers stay on top of their financial obligations. 2. Supplier Expenses: This report focuses on expenses paid to suppliers for goods and services, providing details such as supplier name, amount, and date of payment. (D) Property Management These reports aid in the overall management and operation of the property. 1. Reminder: A report or list of important dates and tasks, such as lease renewals, inspections, or maintenance tasks, to ensure nothing is overlooked. 2. Occupancy: This report provides details on the occupancy status of each unit, including which units are occupied, vacant, or soon to be vacant. 3. Tenant Ledger: Similar to the rent ledger, this report provides a comprehensive record of all financial transactions between the tenant and landlord, including rent payments, fees, and deposits. 4. Rent Roll: A report that lists all the rental income expected from tenants, often used to provide a snapshot of rental income for a specific period. 5. Tenancy Expiry: This report lists the expiration dates of current leases, helping property managers prepare for lease renewals or finding new tenants. These classifications and reports are essential tools in property management, allowing landlords and property managers to keep detailed records, stay organized, and make informed decisions.

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Landlords who can't effectively track their properties may face various challenges, including: 1. Rental Income Management: Difficulty keeping track of rent payments, late fees, and arrears. 2. Property Maintenance: Overlooking maintenance and repairs, leading to property deterioration and potential safety hazards. 3. Tenant Management: Struggling to monitor tenant agreements, lease renewals, and potential issues like damages or disputes. 4. Financial Planning: Inability to accurately forecast income, expenses, and tax obligations. 5. Legal Compliance: Risk of non-compliance with regulations, such as health and safety standards or tax requirements. 6. Vacancy Management: Failing to promptly address vacancies, resulting in lost revenue. 7. Insurance and Liability: Overlooking insurance renewals or policy changes, potentially leading to inadequate coverage. 8. Tax Audit Risks: Inaccurate or incomplete records may lead to tax audit issues. 9. Reputation and Referrals: Poor property management can harm a landlord's reputation, impacting future rentals and referrals. 10. Scalability: Inefficient tracking systems can limit a landlord's ability to expand their property portfolio. Implementing effective property management tools and systems can help alleviate these challenges and ensure a more streamlined and successful rental experience. visit: www.estatedeskly.com

PROBLEM STATEMENT: Landlords and property managers face numerous challenges in managing their properties effectively, from tedious rental tracking to complex accounting and time-consuming maintenance tasks. For example, many landlords struggle to keep track of rental payments and expenses, leading to financial discrepancies and missed opportunities for optimization. SOLUTION: EstateDeskly offers a comprehensive suite of features to address these challenges, including: 1. Rental Management: Easily track rental payments, lease agreements, and tenant information in one centralized platform. 2. Real-time Accounting & Bookkeeping: Automate financial processes, generate reports, and ensure accurate tax calculations with our integrated accounting tools. 3. Property Maintenance: Streamline maintenance requests, schedule tasks, and track expenses to ensure properties are well-maintained and tenants are satisfied. 4. Property Advert: Market vacancies, attract potential tenants, and manage inquiries with our intuitive property advertising tools.

"🏡✨ Are you ready to revolutionize your property management experience? Introducing EstateDeskly – the future of property management at your fingertips! 🚀 With EstateDeskly, we've redefined the way you manage your properties. Say goodbye to endless paperwork and manual processes. Our innovative app empowers you to streamline your workflow, saving you time and effort every step of the way. Imagine effortlessly tracking rent payments, managing maintenance requests, and communicating with tenants – all from one centralized platform. With powerful features designed with landlords and property managers in mind, EstateDeskly is your ultimate solution for efficiency and peace of mind. But we're not just about software – we're about service too. Our dedicated support team is here to guide you every step of the way, ensuring you get the most out of EstateDeskly. From onboarding assistance to ongoing support, we're committed to your success. Join the property management revolution today with EstateDeskly. Experience the future of property management – simpler, smarter, and more efficient than ever before. Try EstateDeskly now and unlock the full potential of your properties! #EstateDeskly #PropertyManagement #Innovation #Realestate" www.estatedeskly.com

Eid Mubarak from all of us at EstateDeskly! May this joyous occasion bring you and your loved ones peace, happiness, and prosperity. www.estatedeskly.com

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