
FOR IMMEDIATE RELEASE
July 1st 2007-- Recently, the prestigious Anchorage Apartments at Mt Maunganui changed over to a new software package called Fiesta, a single programme that controls all aspects trust accounting and reservations management. Neville Wright of AmsNET, says "With New Zealand not yet having formaiised trust accounting in their strata titled apartment management, our Fiesta will set the pace for all others to follow. The integration of trust accounting with reservation software has suddenly made life much easier for on site managers. Quite simply, all money is receipted into the trust account and then is split off at the end of each month between owners and management according to preset parameters. This is balanced against the trust's bank account. At that time the only money held should be forward deposits and unpresented cheques.
With automatic generation of the owners statements that are sent by post or email, direct debiting of the payments to the owners accounts and printing all required reports, most managers report that it now takes little time to complete balancing the books, compared to the days it took previously."
Fiesta Elite for on site management is identical to the same package for hotels and motels except that trust accounting is enabled. Because of the ease of use, AmsNET installs remote control software on all systems to allow easy remote training and support.
Read the full story on their website.
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