You sold a unit and you will collect for seven years
A property company lives between two distant numbers: project cost spent today, and instalments collected over years. Track those in spreadsheets and you know who is late, but not what a unit earned or how much of your capital is still in transit.
The unit and the contract
A unit as an item with a cost
Every unit carries its share of project cost, so its profit is known at sale rather than after the whole project closes.
Unit status
Available, reserved, contracted, handed over — so no unit sells twice and no reservation is forgotten when the buyer never completed.
A schedule per contract
Down payment and instalments generate from the contract, so what is due this month across all buyers is one list.
The project and the money
Project cost by centre
Contractors, materials and fees post to the project, so what you have spent against what you have sold is visible at any moment.
Buyer arrears
Late buyers with how late and how much, so follow-up is ordered by financial impact rather than by filing order.
Cancellation and refunds
Cancelling a contract returns the unit to available and raises a liability for what must be refunded, as one accounting effect rather than manual cleanup.
Common questions
How is this different from the contracting page?
A contractor builds for a client and bills progress certificates; a developer builds to sell and collects instalments from buyers. Those are different financially, which is why each has its own page — and its own setup inside Hesbba.
Does it also track rental units?
Yes. A lease runs as recurring revenue with a collection schedule, so sales and rentals live in one ledger under separate cost centres.
Also worth reading
- ERP platformHesbba's ERP brings sales, inventory, purchasing, payroll and accounting into one ledger, posting every document the moment you save it.
- AccountingAccounting software that creates entries from your invoices and expenses automatically, with a ready chart of accounts, a live trial balance and a full audit trail.
- Inventory & purchasingWarehouse software for multiple locations, receipt, issue and transfer notes, barcode stock counts, and inventory cost posted to the ledger on every movement.
- Construction & real estateConstruction software that allocates cost to projects through cost centres, tracks certificates, purchases and advances, and shows profit per project.
- Law firmsSoftware for law firms tracking matters and their fees, recoverable court expenses, retainers held on account, and profit per matter.
- Services & consultingSoftware for service firms tracking contracts, recurring invoices, collection and cost centres, with profitability per client or project.
Know a unit's profit when you sell it
Enter a project with its units and cost, sell one on instalments, and read the profit and what is still due.