Manually calculating and reconciling your Common Area Maintenance charges can be a hassle. If your portfolio consists of commercial or retail office space, then the Rent Manager CAM module can make your job much easier. The Rent
Manager CAM module is a powerful, easy to use tool for managing your Common Area Maintenance fees.
The CAM module is designed to be easy to setup and is 100% customizable. You can designate any charge type as a CAM and create your own CAM expenses. Rent Manager does the calculations for you based on your specifications. They can be created for an entire property, a single rental unit, or on a customer-by-customer basis. Charges can also be based on a customer's percentage of the overall square footage, a customer's percentage of the overall rented square footage, a flat fee, or create any charge based on a user-defined field. Charges can also be based on previous charge amounts.
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FEATURES AT A GLANCE |
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Unlimited number of CAM charges |
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User defined CAM types |
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Recurring or one time CAM charges |
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Apply one or more CAMS to everybody in a property |
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Apply one or more CAMS to everybody in a rental unit |
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Apply one or more CAMS to everybody in a unit type |
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Apply one or more CAMS that are specific to the customer |
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CALCULATE CAMS BASED ON: |
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Customer's percentage of the total square footage of the property |
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Customer's percentage of the total rented square footage |
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Divide evenly among current customers |
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Divide evenly number of units in the property |
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Use a percentage from a customer's user defined field |
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DIVIDE CAMS BY: |
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Use last year's CAM expense |
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Use a CAM expense from any period (last month, 2 months ago, etc.) |
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Use a specific amount |
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Use an amount from a property user defined field |
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Use an amount from a customer user defined field |
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RECONCILIATION FEATURES: |
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Reconcile all, individual, or groups of properties at one time. |
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Reconcile all of your CAM charges at one time or do them individually
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Pick and choose which CAM charges are to be reconciled against which CAM expenses |
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Use a specific date range to select CAM charges and expenses from |
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Limit the customers by move in/move out date |
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Apply reconciliation charges back to the customer |
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Apply reconciliation credits back to the customer |
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Remove selected customers from the reconciliation |
