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Tag: CAM Reconciliation Process

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Friday, 09 September 2022 / Published in CAM Reconciliation, Real Estate
Reconcile your CAM Data and Do It Right the First Time.
“Common Area Maintenance” (or “CAM”) is used in the property management industry to refer to fixes and upkeep that affect both the building and its residents. Expenses for shared areas in mixed-use buildings should be taken into account. In addition to homes and maybe even workplaces, these projects might provide retail, dining, and leisure options.
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CAM Reconciliation
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Monday, 08 August 2022 / Published in CAM Reconciliation, Real Estate
CAM Reconciliation – Where To Start And What To Do
The Checklist Approach to CAM Reconciliation There are different requirements for an annual reconciliation, but they all require the same thing – a thorough understanding of accounting. An annual reconciliation is a process that takes place at the end of each year. It gives an accurate account of how your company’s financial situation has changed
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What-commercial-landlords-should-know-about-CAM-reconciliation
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Tuesday, 26 April 2022 / Published in CAM Reconciliation, Real Estate
What commercial landlords should know about CAM reconciliation
At the end of the year as the CAM fee is calculated the landlords usually end up in a confused state wondering if the tenants still owe them for certain charges, has the calculations have been done accurately, or do they owe the tenants instead.  CAM is a common area utility fee that every property
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Friday, 15 October 2021 / Published in CAM Reconciliation, Real Estate
CAM reconciliation – where to start and who can help
Annual common area maintenance (CAM) reconciliation is one of the most tedious processes that is notoriously error prone. Despite the fact it is also one of the processes that is often overlooked by commercial property owners, resulting in errors in reconciliation that over time results in thousands of dollars in losses.  Reconciling CAM expenses against
CAM reconciliationCAM Reconciliation OutsourcingCAM Reconciliation ProcessCAM Reconciliation Services
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CAM Reconciliation Challenges
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Thursday, 08 April 2021 / Published in CAM Reconciliation, Real Estate
5 most common issues that derail CAM reconciliation process
Even though common area maintenance (CAM) reconciliation is one of the critical processes in commercial leasing that contributes to accurate accounting and cashflow, it remains a challenge for most. Because reasons vary as to why CAM reconciliation is a source of stress and anxiety, there are no one-size-fits-all solution for simplifying this process. Even the
CAM Reconciliation OutsourcingCAM Reconciliation ProblemsCAM Reconciliation ProcessCAM Reconciliation ServicesOffshore CAM Reconciliation
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Top 5 best practices for CAM reconciliation
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Thursday, 07 November 2019 / Published in CAM Reconciliation, Real Estate
Top 5 best practices for CAM reconciliation
Common area maintenance (CAM) reconciliations are important as the money recovered is used to operate and maintain the property. Commercial property CAM reconciliation is complex, arduous and time-consuming task. It demands focused and meticulous review of multiple leases and accurate calculation of tenant share based on lease terms, granted modifications and other pre-determined expense caps.
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