MCST & Strata Software · Singapore
Automate management fund and sinking fund billing, arrears, GST accounting and AGM reports for every MCST you manage, all in one system.
The challenge
Every MCST has its own owners, share values, funds and deadlines. Managing them in Excel takes hours and invites mistakes.
Working out management and sinking fund contributions by share value for every unit, every quarter, takes hours.
Calculating late interest and tracking who owes what across hundreds of units is slow and error-prone.
Preparing attendance lists, voting lists and the strata roll before each AGM is a rush every year.
The solution
Billing, accounting and reporting work together, so each MCST’s records stay accurate and up to date.
Monthly or quarterly invoices based on share value, management fund and sinking fund rates, plus fixed charges such as car park fees.
Late interest is calculated automatically from the amount due, due date and payment date.
Income and expenses, profit and loss, balance sheet, receivables and payables, and GST reporting.
Attendance lists, voting lists based on outstanding balances, and strata roll reports.
Budget versus actual reports and owner statements with payment and remittance details.
Keep each MCST separate with its own accounts and reports, without buying a system for each one.
Local support
Ostendo sets up the system, helps you bring over unit and owner records, and trains your team, so you can move off spreadsheets with confidence.
How it works
We review how you manage your MCSTs today.
We show billing, arrears and AGM reports using sample MCST data.
We load your MCSTs, units and owners and train your team.
We support you through your first billing cycle and beyond.
Who it's for
For teams that manage units, owners, tenants, invoices, payments, arrears and financial reports.
FAQ
This system is suitable for managing agents or MCST management teams who need to manage units, owners, tenants, invoices, payments, arrears and financial reports more efficiently.
Yes. The system can generate monthly or quarterly MCST invoices based on the selected invoice date and billing period. It can also generate standard MCST invoices and non-interest charge invoices, such as legal fees or miscellaneous charges.
Yes. The system can calculate arrears for unpaid invoices based on the interest rate set for the invoice month. Late interest can also be calculated based on the invoice amount due, due date and payment date.
Yes. The system can generate invoice statements based on the invoice date selected. The statement includes transaction details, payment information, due date, remittance details and MCST information.
Yes. You can maintain tenant and unit information, including billing address, delivery address, share value, management fund per share value, sinking fund per share value, and fixed charges such as car park or miscellaneous fees.
Yes. The system can generate attendance lists and voting lists for AGM use. Voting rights can be determined based on whether there is an outstanding balance as of the selected due date.
Yes. The system can generate a strata roll report, which helps MCSTs maintain and print important unit and owner information in a structured format.
Yes. Budget information can be entered for previous, current and next financial years. The system can also generate budget comparison reports showing budget versus actual figures.
Yes. You can create unlimited MCST files, so each MCST is managed separately with its own records, accounts, invoices, reports and property information, without needing a separate system for every MCST.
Get started
Tell us how many MCSTs and units you manage and we’ll show you how the system handles your billing, arrears and AGM reports.
Prefer to chat? Message us on WhatsApp at +65 9457 3538.