The one system your business needs.
Billing, GST, stock, purchase and sales in one open source system. One price per company, every app included, AI on your own key.
- Every app included, one price per company
- GSTR-1/3B, e-invoicing and e-way bills built in
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Recurring Billing for Coworking and Rental Properties
Recurring billing for rented property in India, from coworking desks and managed offices to shops in a commercial complex, is typically run from an Excel rent roll. Each tenant has a different start date, a different escalation clause and a separate maintenance charge. The accountant raises GST invoices one at a time at the start of the month. Agreements signed for eleven months or three years expire quietly, and the tenant continues at the old rent because nobody checked the date. Late payers are chased by the same accountant, by phone.
Industry Solution
Real Estate
Feature
Subscriptions
Why Real Estate teams run Subscriptions in OneYukti
The Subscriptions app in OneYukti starts from the agreement. Contract management keeps each tenancy's terms and commitments with the subscription that bills it, including the lock-in period and the end date. Renewal reminders are sent ahead of expiry, so the conversation about the next term's rent begins before the agreement lapses. Where an agreement is set to auto-renew, the app renews it and sends a confirmation. Overdue invoices follow a dunning schedule of reminders, which takes the first rounds of follow-up off the accountant's desk.
Invoices for rent and maintenance go out automatically on each billing cycle, and a tenant who moves in on the 12th is billed for the part month through proration. For a coworking operator, membership plans can be tiered by hot desk, dedicated desk and cabin, with add-ons such as parking, and usage-based billing for items counted during the month, such as meeting room hours. Members can manage their own subscription through the customer portal.
The owner sees recurring revenue across all properties or centres, and renewal analytics list the agreements ending in the coming months. Churn analysis shows how many members or tenants left and the reasons they gave. For an operator with more than one centre, custom dashboards can show each location separately. That makes it easier to decide when to revise rents, which vacancies to market first, and whether a centre's cabins or its open desks bring in the steadier income.
Real Estate challenges that Subscriptions solves
Common problems in real estate operations that Subscriptions in Yukti addresses
Challenge 1
Rent and maintenance invoices are raised one by one from an Excel rent roll with different dates for every tenant
Challenge 2
Agreements expire unnoticed and tenants continue at the old rent because the escalation date was never tracked
Challenge 3
Coworking extras such as meeting room hours and parking are added to invoices by hand, or missed
How Subscriptions in Yukti helps Real Estate
What real estate organizations using Yukti get from the app
Benefit 1
Contract management holds each agreement's terms and end date alongside the subscription that bills it
Benefit 2
Plan tiers with add-ons and usage-based billing cover desks, cabins, parking and meeting room hours on one invoice
Benefit 3
Expiry is flagged ahead of time by renewal reminders, so the next term's rent is discussed before the agreement lapses