First Byte Corporation: Tax Sale Recording Interface

TSRI - TAX SALE RECORDING INTERFACE
ADD-ON MODULE FOR FBC'S TAX
ACCOUNTING&BILLING SYSTEMS

FEATURES AND BENEFITS

Conducting your tax sale using TSRI on a personal or laptop computer and attached printer completely automates all processes. Endless hours of preparation, recording and the possibility of errors, are replaced by a highly organized and efficient process.

As a complementary module, TSRI is fully interactive with FBC's Tax System. Conducting a tax sale is reduced to four simple automated steps:
1. Load the tax sale information
2. Record the results as you conduct the sale
3. Print the results (by bidder and by parcel)
4. Post the results

FUNCTIONAL HIGHLIGHTS:

For the purpose of conducting a property tax sale, FBC's Tax Sale Recording Interface contains the following functions:
Imports sale information from the Tax Accounting & Billing Systems (TABS). This information consists of:
Current registered Lien Holders
The advertised Tax parcels and amounts included in the sale
Allows new bidders to be registered and added at the sale
Organizes the presentation of the parcels being sold
Provides a means for recording the results of each parcel
At the conclusion of the tax sale, a consolidated receipt for each successful bidder is printed with details of all parcels and the amount to be paid for each.
Automated transfer and posting of the recorded information within the TABS system. This includes the application of payments, transfer to lien, lien creation and the printing of lien certificates.

BENEFITS:
Reduces staff overhead in preparing for and posting results of the tax sale
Improves verification of results
Speeds collection and deposit of monies
Increased efficiency creates "positive" result for the municipality and attracts bidders.