The ACF Bonds Register will track and record all your residents bonds and retentions.

The bonds system will calculate the retention amounts for your and record the residents next retention date.

• Fully Integrated With Resident Billing

• Automatic retentions

• Automatic Calculation Of Bond Interest And Periodical Payments

• Automatic Calculation of bond refund interest due

• Full Audit Trails available by date, resident or batch

• Detailed bond statements for residents

• Bond summary reports (Live or at a selected date)

• Generation of Prudential Compliance worksheets

• Generation of survey reports

• The system also produces a detailed audit log and supports several reports including future retention details, account statements and a bond rate calculator.

The system also caters for different retention periods including monthly, quarterly half yearly and yearly, automatic warnings are generated if the retention will cause the account to exceed the minimum balance requirement or if the retention period has expired.