Budget and CAM reconciliation

• Create a property budget

  Build a property's annual budget by category, from scratch or copied from a prior year, spread it by month, and compare it to actual spending.

• Set tenant NNN charges from the budget

  Compare each tenant's share of the Tax, CAM and Insurance budget with what they're billed, and update their recurring charges in one step.

• How CAM, tax and insurance shares are configured

  Where each tenant's NNN basis, base-year amount and admin fee are set, and how existing CAM exclusions and limits are used.

• Perform a CAM reconciliation

  Compare each tenant's share of the year's actual tax, CAM and insurance expenses with the escrow they paid, and produce the CAM Reconciliation report.

• Assessments for condominiums and cooperatives

  Split a special assessment across a condominium's or co-op's occupied units by pro-rata share and turn it into charges.