Lease Contracts & Real Estate Billing

Lease contracts linked to rental billing

Lease Contracts & Real Estate Billing manages rental agreements and the invoices they produce. Each lease links to its tenant, unit, lease invoices, receipts and collection reports.

Woman signing contract with man at office desk

Lease contract management and billing capabilities

A lease drives recurring billing, collection follow-up, tenant balances and property income. When contracts sit apart from billing, rent invoices are prepared by hand, some go out late, and cash flow reports are rebuilt each period.

Lease contracts for rental units

Create and manage lease contracts that stay linked to the tenant, the unit, billing activity and contract follow-up.

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Lease contracts for rental units screen in HYP ERP

Tenant and customer records

Keep tenant and customer details in the real estate environment, so leases, invoices, service requests and communication history share one record, and maintenance requests stay attached to the tenant and unit.

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Tenant and customer records screen in HYP ERP

Available units for rent

Leasing and property management teams see which units are available for rent, so unit status is settled before a lease is offered.

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Available units for rent screen in HYP ERP

Lease invoice generation

Generate lease invoices for rental units, connected to the lease contract and keeping recurring billing consistent and tied to the tenant record.

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Lease invoice generation screen in HYP ERP

Unit invoice management

Create and manage real estate invoices in the same billing environment, and follow paid, pending and outstanding amounts on each one.

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Unit invoice management screen in HYP ERP

Collections, receipts and cash flow reporting

Report on contract payments, property collections, invoices and receipts, and installment cash flow, showing expected collections, actual receipts, outstanding balances and property-level cash flow.

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Collections, receipts and cash flow reporting screen in HYP ERP

What's included

What's included in Lease Contracts & Real Estate Billing

The leasing, billing and collection screens in the Real Estate module.

Leasing

  • Properties and units
  • Available units for rent
  • Lease contracts
  • Brokers, tenants and owners
  • Approve or reject contracts

Billing and service

  • Generate units lease invoices
  • Invoice generation scheduler
  • Tenant maintenance requests
  • Maintenance job orders

Reports

  • Contracts payment summary
  • Change-due-date summary
  • Properties collection summary
  • Invoices and receipts
  • Installments cash flow

How a lease turns into billed and collected rent

  1. Check availability

    Confirm the unit is available for rent.

  2. Contract

    Create the lease against the tenant and the unit.

  3. Invoice

    Generate lease invoices and manage unit invoices.

  4. Collect and report

    Follow receipts and review collections and cash flow.

From the blog

Guides on this topic

Lease contracts and real estate billing FAQs

Can HYP ERP manage lease contracts for rental units?

Yes. HYP ERP Lease Contracts & Real Estate Billing creates and manages lease contracts for rental units, each one linked to its tenant, its unit and the invoices raised under it.

Can property teams see which units are available for rent?

Yes. HYP ERP Lease Contracts & Real Estate Billing shows available units for rent, so leasing and property teams work from the same unit status when they offer and sign leases.

Can HYP ERP generate lease invoices?

Yes. HYP ERP generates lease invoices for rental units, which reduces manual billing effort and keeps each invoice connected to the contract and the tenant record.

Can rental invoices and receipts be tracked in HYP ERP?

Yes. In HYP ERP Lease Contracts & Real Estate Billing teams manage unit invoices and review property invoices and receipts through reporting, including paid, pending and outstanding amounts.

Can management monitor rental collections and cash flow?

Yes. HYP ERP includes collection summaries, invoice and receipt reports and installment cash flow reporting, giving management visibility of rental income and outstanding tenant balances by property.

Bill every lease on schedule and see what is still owed

See a lease contract generate its invoices and feed collection and cash flow reports in HYP ERP.

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