Personal Real Estate Corporation

On October 1st, 2020, the Provincial government implemented new rules in Ontario allowing Realtors® to form a Personal Real Estate Corporation (PREC). PREC’s allow Realtors® to access the business advantages of incorporation, including tax and income planning benefits. The Ontario Real Estate Association (OREA) has created a website with resources … Continue reading

Closing a Transaction

Before you select “Close Deal” icon, we encourage you to double check the transaction for accuracy, including any interest calculations and ensure you are logged into QuickBooks®. Interest and its calculation details can be found via Deposit tab / Interest panel of transaction.  The Balance Due will be the interest … Continue reading

Custom Tab on Transaction

Once you expand the Transaction tabs, you will see the Custom tab. This is where you will enter data specific to your Brokerages requirements such as PID/Roll Number, Registration date, etc. to populate reports such as the Other Trade Record Sheet (Other) or Conveyancer Instruction report.  This data will also … Continue reading

Commission Plans

A commission plan is the Agreement between the Brokerage and Agent. Every Brokerage knows exactly what they need to make from each Agent to stay in business, however commission plans differ from Brokerage to Brokerage. Select Commissions on the left sidebar; then select NEW icon at top right of window. … Continue reading

Voiding a Transaction (Back Office)

Voiding a transaction should only be performed when a deal has fallen through and/or in the event a transaction has been entered in error (as a duplicate, for example). Once a transaction is voided, the Status will be changed to V Voiding a Transaction without Trust Deposit Select the transaction … Continue reading

Batching Checks in Back Office

Go to Accounting / Process Batch Check/ Cheque   You would select the appropriate bank account in which you want to “batch” the checks/cheques.  Then in the Payee dropdown, select the appropriate resource, and the dates.  Once selected, click Search The list of checks below are all for the same … Continue reading

Dash Integration Training Guide

Initial Configuration:   Company Profile / Integration tab Enter QOC ID as provided by the Emphasys Support Team Company Profile / Integration tab Place check Next to Enable Sync Place check to left of “Enable Auto-Data Sync” if you wish to Auto Sync the data Place check to the left … Continue reading