All inputs are optional, so the system can be used very simply initially and grow more complicated as the user enters additional features of the project.
Projections can be monthly, quarterly, annual, or any other period definition. Projections can then be collapsed into lesser detail if desired without changing inputs. For example, a monthly projection can be collapsed easily to become an annual projection.
Specification of financing terms is flexible, and can be customized to the particular financing structure of an existing project.
The system is menu driven.
The HELP system is continually available and usually has several context sensitive clues from which the user may choose for HELP. In addition, the entire HELP system is available from any point of access.
The user may use the default chart of accounts, or one of several provided with the system, or a customized chart of accounts.
A wide variety of output formats are available which can be customized to the user's needs. Also, all output formats can be exported to a file that can be easily imported by spreadsheet or graphic display programs.
Present value and internal rate of return provide a means for comparing alternative land use programs, marketing programs or financing plans. Financial management rate of return is used if the more complicated investment criteria required are entered. The positions of each participant in the project are presented with their respective rates of return on both a pre-tax and after-tax basis (if tax rates are entered).
All data arrays expand as needed, with size limited only by the amount of computer memory available. For example, there is no limit on the number of mortgages or depreciation schedules that can be specified.
Development accounts and operating accounts may have different period definitions. For example, development accounts might be projected monthly while operating accounts might be annual. The system will integrate both for cash planning and evaluation.
ProCash© can be used in iteration to simulate a portfolio of projects and can be linked to other systems. It can be used with Landev© for detailed analysis of project-wide accounts in a large-scale new community project.