CAM Reconciliation Without the Year-End Scramble: A Month-by-Month Cadence
Most CAM reconciliation pain is created in February by decisions made the previous March. A monthly cadence keeps recoverable costs clean all year.
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More practical guides from the Vertex Accounting team on trust accounts, reconciliations, CAM, software and owner reporting.
25 articles
Most CAM reconciliation pain is created in February by decisions made the previous March. A monthly cadence keeps recoverable costs clean all year.
Denver portfolios carry a few local wrinkles: rental licensing, Colorado deposit timelines and shifting property tax assessments. Here is how they show up in the books.
California trust fund regulations, the 2024 deposit cap and supplemental property tax bills all land in the books of an Orange County portfolio. Here is how to keep them straight.
Seattle's tenant protections and Washington's tax setup create accounting work most generalist bookkeepers miss. A practical look at what changes for local property managers.
From graduated REET on a sale to B&O questions on non-rent income, Seattle commercial owners have a few tax lines generic books handle badly.
Charlotte's mix of uptown office, South End retail and I-85 industrial means three different recovery models in one portfolio. The books have to keep up.
Both platforms can run a large commercial portfolio. The better choice depends on how you consolidate, how you report and who will maintain the system.
Classes, locations or one company file per property? A practical setup for landlords who want property-level reports in QuickBooks Online without the mess.
Free rent and annual bumps mean cash rent and reported rent rarely match. A five-year worked example of straight-line rent and the receivable it creates.
A missed renewal notice can cost an anchor tenant. Here are the lease dates worth abstracting and a simple system for never missing them.
LIHTC compliance is usually treated as a property management task, but the accounting records are where auditors and investors find problems first.
RUBS can recover a meaningful share of utility costs, but only if the books show what was billed, what was collected and what the owner actually absorbed.
Talk to a Vertex property accountant about your portfolio, your software and the current state of your books.