FINANCIAL ACCOUNTING
Bring the financial picture into focus.
Connect property operations to financial books, reconciliation, budgets and reporting.
CAPABILITIES · 01
A chart of accounts for your company structure
Set up a structured, multi-level chart of accounts that reflects how your business records income, expenses, assets and liabilities. AQARAT supports multiple entities with their own financial books, allowing family or group companies to work on the same platform while maintaining separate company accounting records and transactions.
What you can do
- Customize a multi-level chart of accounts
- Maintain each company’s own financial books
- Keep company transactions distinct within a shared platform
CAPABILITIES · 02
Journals, payments and multiple currencies
Create journals and payments within the built-in Financial Accounting module and work with multiple currencies. These core records sit alongside the property transactions passed through Accounting Integration, giving the finance team a connected accounting workflow for both property activity and other entries in the financial books.
What you can do
- Create journal entries and payments
- Support transactions in multiple currencies
- Review financial books in real time
CAPABILITIES · 03
Accounting dimensions and cost centres
Configure accounting dimensions and cost centres to organize the way financial activity is analysed. Instead of relying only on an account total, the finance team can use these settings to examine the financial picture from the perspectives defined for the business. Financial statements can be filtered using the configured dimensions and cost centres.
What you can do
- Configure accounting dimensions
- Organize activity by cost centre
- Filter financial statements for the relevant reporting view
CAPABILITIES · 04
Bank reconciliation and expense budgets
Manage bank clearance and reconciliation as part of the accounting process. Budgets provide another tool for controlling expenses and framing spending discussions. Together with journals and payment records, these capabilities help finance teams review bank activity and expenditure within the same financial system.
What you can do
- Manage bank clearance
- Reconcile bank activity with accounting records
- Use budgets to support expense control
CAPABILITIES · 05
Financial statements and general ledger reporting
Prepare a trial balance, balance sheet, profit and loss statement, and cash flow statement. General ledger queries and reports support the review of account groups and individual ledger accounts. Use accounting dimensions and cost centre filters to bring the financial statements into the context needed for management review.
What you can do
- Trial balance and balance sheet
- Profit and loss and cash flow statements
- General ledger queries for groups and ledger accounts
Keep Exploring AQARAT
Products
Explore AQARAT’s modules for leasing, maintenance, financial accounting, tenant communication and user access.
Business Benefits
See how connected workflows improve operational clarity, financial visibility and control across your property portfolio.
Solutions
Find AQARAT capabilities for property owners, property management companies and family or group companies.
Follow the numbers behind your properties.
Explore company-wise charts of accounts, transactions, reconciliation and financial reporting using examples from your portfolio.