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Smart Bot

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CR

CAM Reconciliation

At the end of the year, this Bot reconciles each Tenant's CAM Charges.

Industry:

Real Estate

Function:

Property Management

Steps

  1. Pull CAM charges report for the prior year.
  2. For each Tenant, pro-rate percentage chargeable and multiply by total CAM.
  3. Get total Tenant estimated charges already paid.
  4. Prepare CAM Reconciliation Report.
  5. If Tenant owes additional CAM, prepare invoice.
  6. If Tenant is owed a refund, prepare refund check.

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