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SKYLINE

Escalations and Recoveries

Escalations and Recoveries makes escalations extremely easy to perform and nearly impossible to overlook. Working in a familiar spreadsheet-like format, you'll calculate and schedule indexed and other complex, multifactored escalations and pass-throughs with ease. These escalations may then be included in your monthly billing cycle.

  • Retrieve historical data from the SKYLINE Property Management or Financial System modules and EDGE user-defined fields without re-entry
  • Transfer updated escalation data to related occupant files
  • Prorate escalations instantly
  • Set up new records and worksheets
  • Revise leases or try "what-if's" with a few keystrokes
  • Prepare escalation letters automatically

Escalations and Recoveries simplifies escalations with a flexible formula built into the Escalation Information Form. You enter any value into any item in the form, then check the result-just as you would with a spreadsheet. As many as 100 escalations per tenant plus property-wide escalations, comparative escalations, and separate escalations for past, present and future tenants may also be calculated.

Another powerful feature is the table of values which you establish for use in the Escalation Form. You can create table records for certain items of information held by SKYLINE such as G/L expense account numbers. When creating an escalation, all you have to do is enter the table key-Escalations and Recoveries gets the current balance for that G/L account and inserts it into the calculation

For accurate billing, call upon Escalations and Recoveries to:

  • Initiate reconciliation on a specific date
  • Search historical GLA
  • Compare previously billed expenses (based on your estimates) to actual results
  • Calculate the next adjustment
  • Generate a charge on the billing statement and update an occupant's history

To request more information, click here.

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