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Lease Administrator

The Lease Administrator automates the process of posting Lease transactions, including all four charge types:
 
See Leases Charges Tab for more information about charge types.
 
One of the advantages of using the Lease Administrator to post charges is that they can be created, edited and approved using PMWeb Workflow before actually posting any charges. The basic technique is the same for each tab:
 
Lease Administrator
1

CONTROL PANEL

1. CONTROL PANEL
 
2

BREADCRUMBS BAR

2. BREADCRUMBS BAR
 
3

HEADER TOOLBAR

3. HEADER TOOLBAR
 
  • Post Button - This button posts the Lease Administrator batch. Posting Lease Administration Batches can achieve any or all of these results:
Tenant Invoices will be created, including Scheduled Charges, Recoveries and Overages
Costs displayed in the Recoveries tab will be flagged as having been recovered (whether they have been passed through to tenants or not)
Next Posting dates for Scheduled Charges, Recoveries and Overages will be advanced by the Post Every increment
Next Escalation dates will be advanced by the Escalate Every increment
If the Deactivate Expiring Charges box is checked in the header of the Lease Administrator all charges that will expire are marked as Inactive. An expiring charge is one whose Next Posting date would, if incremented, exceed its End date.
 
This button is only available if the status of the record is "Approved".
5

HEADER FIELDS

5. HEADER FIELDS
 
  • Program Field - Required.
  • Location (Asset) Field - Required. This list is filtered by the selection in the Program field.
  • Batch ID Field - Required. An alphanumeric ID for the record.
  • Batch Date Field - Date Field
  • Invoice Date Field - Date Field. This date will appear on Tenant Invoices created by the batch.
  • Posted Date Field - Date Field. This date will appear on lines in the Cost Ledgers if the batch is posted.
  • Filter by Post As Field - Filter by cost or revenue transactions, or see both types.
  • Deactivate Expiring Charges Checkbox - If this box is checked, all charges due to expire will automatically be marked as inactive.
  • Batch Recap Section - Read only. The grand total from each of the tabs is shown here.