CAM, Escalation, Overage Charge Fields
CAM
Escalation
Overage
Our How To Document #353 on the Commercial Module has information and examples with screen shots.
Charge
From the Find List select the account to use on the charge transaction when it is posted.
Memo
Enter any memo you want attached to the charge transaction.
Schedule
Select the schedule from the Find List.
Next Scheduled
Use this date field to enter the date of the next scheduled charge. If a date in the future is chosen, no charge will be posted until that date is on or before the Scheduled Through date when the charges are compiled. When a charge is posted, the date will be changed to the next scheduled charge date based on the schedule.
Example: If the Next Scheduled date is March 15 before the charges are posted, and the Schedule is quarterly, then the Next Scheduled date after posting will be June 15.
Schedule Expires
Use this date field to enter the date the schedule expires. No charge will be posted after this date.
Account List
This is a list you create of the accounts you want considered when calculating the charges. All transactions in the owner ledger with accounts on the account list will be considered when calculating a Source Amount to begin with for the CAM, Escalation or Overage charge calculations. Select from the Find List of Account Lists created in Setup.
Percent Type / Percentage
Select the Percent Type from the Find List. If you select Square Feet or CAM, the protected Percentage field will be filled in from the information in the Unit Profile. If you select Fixed, the Percentage field will be unprotected so you can enter a percentage.
Reconcile
This check box has to do with Estimated Charges.
If checked, the charge will be reconciled against any estimated charges that have been posted in the period preceding the Next Scheduled date. If estimated charges are found, the amount charged (or refunded) will be the calculated charge minus the sum of all estimated charges that were posted since the previous scheduled date.
Dates used for Account Lists and Reconciliation
The system uses the date range from the day after the previously scheduled date to the current Next Scheduled date. For example, if the charge is a quarterly charge next scheduled for April 11, the date range for the account list and reconciling is January 12 to April 11.
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